475 Nantasket Ave Hull, MA 02045-2549
Property profile & analytics
475 Nantasket Ave Hull, MA 02045-2549
- Residential income homes
- 4,242 SF
- 0.23 lot acres
Property ID
US38-1739612
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 475 Nantasket Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.23 lot acres
- Property size
- 4,242 SF
- Zone code
- BUS
- Property type
- Residential income homes
- Property subtype
- Serviced apartments
- APN
- HULL M:00026 P:00216
- APU
- HULLM00026P00216
Description
This 14-unit rooming house at 475 Nantasket Ave, Hull, MA 02045 presents a compelling value-add investment opportunity. The 4,242 square foot, three-story building, constructed in 1920, sits on a prime location in Hull, Plymouth County. Currently operating as a rooming house, the property offers significant redevelopment potential, with permitted BUS zoning allowing for conversion into a three-family dwelling. The asking price is $1,300,000, translating to $306.46 per square foot and $92,857.14 per unit. The property boasts a 5.84% cap rate, indicating strong potential for return on investment. Investors will appreciate the historical charm of this building combined with the flexibility to either maintain the existing 14-unit configuration or pursue a lucrative redevelopment project. This property offers a unique blend of immediate income generation and long-term growth potential in a highly desirable Massachusetts coastal town. The property's size and location make it an attractive prospect for those seeking a multifamily investment with substantial upside. This is a rare opportunity to acquire a well-situated property with significant potential for value appreciation and strong cash flow. Don't miss this chance to capitalize on the thriving Hull real estate market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,005,000
- ML approach
- $985,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,100,000
- 6.5%
- $1,015,000
- 7%
- $945,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $655,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hull
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.8727
- Latitude
- 42.2812
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,741
$263,500
$486,800
$750,300
-
$0.00
$0.00
$0.00
