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Hingham 02043
8 Merrymount Rd
$1,055,000
● House - Off Market

8 Merrymount Rd

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,614 Ft²
$992,317
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to 8 Merrymount Rd. The beautiful Cape is in one of Hingham's most desirable neighborhoods. This turn-key home features an updated chef's style kitchen, including a Viking stove, center island, dry bar, oversized mudroom with custom cabinets, cozy living room, and a bright office/dining or guest room. The primary bedroom and full bath complete the first floor. Upstairs features two well-appointed bedrooms with a full bath. The lower level offers great space for a playroom and a bonus room with ample storage. Enjoy the outdoors with the fenced-in yard and lovely patio. Centrally located and convenient to all that Hingham has to offer. Including the Commuter train and the boat. Welcome home!
Unit Size
1,614 Ft²
Days on Market
-
Land Size
-
Price per sqft
$613
Property Type
House
Property Taxes
$726
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (MLSPIN #73112897)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
May 20, 2023 In contract -
In contract
May 17, 2023 Listed by Coldwell Banker Realty - Hingham $989,000
Listed by Coldwell Banker Realty - Hingham
Aug 25, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Coldwell Banker Realty - Hingham $899,000
Listed by Coldwell Banker Realty - Hingham
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 336
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 1,614
  • Gross Building Area: 2,784
  • Building Area: 1,614
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HINGHAM
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hingham School District
  • School Tax School District: HINGHAM SD
  • Census Tract: 501201

Geography

  • Account Number: 1311080000000650
  • Parcel: HING M:108 B:0 L:65
  • Lot: 65
  • Municipality: HINGHAM
  • Latitude: 42.2224
  • Longitude: -70.8853

    Address

  • Full Address: 8 Merrymount Rd
  • Address - House Number: 8
  • Address - Street Name: Merrymount
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hingham
  • Carrier Code: C023
  • 4-Digit Zip Code: 4712
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $871,500

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,051,970
  • High Value: 1,249,936
  • Low Value: 854,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $871,500
  • Assessed Land Value: $429,600
  • Assessed Improvements Value: $441,900

    Sales

  • Current Sale Contract Date: Jun 19, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38310
  • Previous Sale Recording Date: Aug 25, 2021
  • Previous Sale Contract Date: Aug 25, 2021
  • Previous Sale Amount: $925,500
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hingham

Stats & Trends

Median Asking:

$1,524,000

Sale Price/ft²

$614

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2613 ft²

Average Home Age

211.6 years

Currently For Sale

12 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73112897

Frequently Asked Questions

When was property at 8 Merrymount Road built and last sold?
The property at 8 Merrymount Road was built in 1950 and last sold on Jun 19, 2023 for $1,055,000.
How much is this home worth?
The estimated value of the home located at 8 Merrymount Road is $987,001.
What are some comparable homes to 8 Merrymount Road?
There are currently no comparable homes to 8 Merrymount Road.
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