223 Central Street Hingham — Photo 1 of 15
$749,900
Investment Analysis — 223 Central Street
Hingham, MA 02043
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02043 carries an estimated $2,930/mo in gross rent — about a 2.60% cap rate and $19,515/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
935
Style
Single Family
Built
1933
Endless possibilities! Coveted location! This cozy cape style home awaits you. Hardwood flooring, fireplaced living room, built-ins in the dining room and newer heating system. A short walk to downtown Hingham, the Recreation Center, town playground and nearby sports fields. Beautiful grounds with mature flowering bushes and trees provide plenty of room for play and relaxation. Or enjoy your morning coffee and leisurely afternoons sitting on your covered front farmer's porch. This home offers easy access to all of Hingham's vibrant activity and amenities. Fabulous opportunity to make this house your own!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 468 sq ft (the lesser of 900 sq ft or half the 935 sq ft principal dwelling). Lot size: 16,988 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17.416666666 x 13.416666666
Flooring - Hardwood, Lighting - Overhead
Dining Room
Lvl Main,First11.833333333 x 10.916666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,First11.583333333 x 10.166666666
Flooring - Vinyl, Dryer Hookup - Electric, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl Second17.333333333 x 13.416666666
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second11.25 x 11.583333333
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Diana Dee
Listing Office: Coldwell Banker Realty - Norwell - Hanover Regional Office
MLS® Number: 73528822