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Plymouth
978 Hanover St
$310,000
● House - Off Market

978 Hanover St

Hanover, MA 02339
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,469 Ft²
$661,972
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Opportunity knocks to live in Hanover at an affordable price! This Gambrel Cape offers 3 bedrooms,1.5 baths w/ first flr. lndry.+ceramic tile flrs.Hardwood flrs on both levels. Updated kitchen and baths. Formal D.R., fireplaced L.R.,den/B.R. with slider to 19'x17' deck. Lg. front to back M.B.R. Heated L.L. fam. rm.(208 s.f.) Central vac. fenced and gated rear yard on a .7 acre lot.Mins to Rt.3, shopping, and town services. Wooded setting. Title V  ( 3 B.R.). TiTle V for clothes washer completed.
Unit Size
1,469 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$221
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1975

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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: 5 months ago (MLSPIN #71267953)

Price History

Date / Event Date Event Price
Jun 1, 2012 Sold
Premium
Sold
Jul 29, 2011 Listed by Philip Howard R.E. Brokerage $325,000
Listed by Philip Howard R.E. Brokerage

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 1,550
  • Gross Building Area: 2,752
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 503102

Geography

  • Account Number: 1010
  • Parcel: HANO M:53 L:093
  • Lot: 93
  • Municipality: HANOVER
  • Latitude: 42.1146
  • Longitude: -70.8635

    Address

  • Full Address: 978 Hanover St
  • Address - House Number: 978
  • Address - Street Name: Hanover
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hanover
  • Carrier Code: C007
  • 4-Digit Zip Code: 2162
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $721,700

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 679,971
  • High Value: 795,793
  • Low Value: 564,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,000
  • Assessed Land Value: $245,300
  • Assessed Improvements Value: $289,700

    Sales

  • Current Sale Recording Date: Jun 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
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 Plymouth

Stats & Trends

Median Asking:

$665,000

Sale Price/ft²

$371

Above Asking

0.15%

Average Days on Market

59

Average Home Size

2258 ft²

Average Home Age

57.2 years

Currently For Sale

1262 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71267953

Frequently Asked Questions

When was property at 978 Hanover Street built and last sold?
The property at 978 Hanover Street was built in 1975 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 978 Hanover Street is $338,733.
What are some comparable homes to 978 Hanover Street?
There are currently no comparable homes to 978 Hanover Street.
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