8 Backriver Road #8
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed by William Raveis R.E. & Home Services | $1,429,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Beautifully updated 3 story end unit townhouse. Bright and sunny with an open floor plan. Come in through the farmer's porch and walk into this gracious home with elegant foyer, Chef's kitchen including double wall oven, 6 burner Jenn air gas cooktop, Large island with quartzite counter tops. Dining room opens into spacious living room with gleaming wood floors, gas fireplace and doors out to deck. 2nd floor has 3 generous sized bedrooms including a lovely primary suite with private balcony, dual walk in closets and update bath with double vanity. Finished lower level with large family room, shiplap, French doors, full bath and office/exercise/sleeping room and storage area. Large 2 car attached garage. Property abuts Bare Cove Park, a wildlife sanctuary consisting of 484 acres located along the banks of the Back River, enjoy access to biking, kayaking and walking trails. Close to commuter boat, shopping, restaurants, parks, marina and train. Showing start Sunday Nov 12 at OH.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by William Raveis R.E. & Home Services | $1,259,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Simple elegance is what you'll find in this updated 3 story end unit town home. This light and airy unit is nicely situated offering outdoor privacy. Open floor plan, with chef's kitchen including double wall oven, 6 burner Jenn air gas cooktop, large island, quartzite counter tops. Fireplaced living room with floor to ceiling windows open to dining room. French doors to large deck to enjoy al fresco dining or relaxing. 2nd floor with 3 spacious bedrooms including gorgeous master with private balcony, dual walk in closets, and updated bath w/double vanity. Hardwood floors throughout 1st and 2nd floors. Retreat to the finished Lower level with spacious family room, shiplap, french doors to workout room and full bath. Abutting Bare Cove Park, a wildlife sanctuary consisting of 484 acres located along the banks of the Back River, enjoy access to biking, kayaking & walking trails. Close proximity to the Commuter rail and Hingham Shipyard's shops, restaurants and Ferry to Boston!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2023
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,429,000
3 Bed
4 Bath
3000 ft²
|
$1,429,000
01/04/2024
|
Joanne Conway
William Raveis R.E. & Home Services
| |
|
07/24/2020
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,259,000
3 Bed
4 Bath
3000 ft²
|
$1,239,000
-1.59%
09/30/2020
|
Joanne Conway
William Raveis R.E. & Home Services
| |
|
04/27/2017
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,169,000
3 Bed
4 Bath
3000 ft²
|
$1,116,020
-4.53%
07/31/2017
|
Patricia Byrne
Coldwell Banker Realty - Hingham
| |
|
09/17/2012
|
3 Bed
|
3 Bath
|
2200 ft²
|
$875,000
3 Bed
3 Bath
2200 ft²
|
$964,155
+10.19%
09/20/2013
|
Sandrine Deschaux
RE/MAX Destiny
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017