
3 Blue Sky Drive Hingham — Photo 1 of 23
$1,535,000
Investment Analysis — 3 Blue Sky Drive
Hingham, MA 02043
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02043 carries an estimated $3,880/mo in gross rent — about a 1.43% cap rate and $21,923/yr in estimated NOI at the $1,535,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,080
Style
Single Family
Built
1978
Classic Colonial set on a beautifully landscaped, level ¾-acre lot in a desirable cul-de-sac neighborhood. Thoughtfully maintained and offering an easy, functional floor plan, the home features an updated eat-in kitchen that flows seamlessly to the professionally landscaped backyard. An inviting setting for entertaining with a heated saline pool & separate hot tub, along with plenty of room to relax and play. The home offers four bedrooms, three full and one half baths, along with an oversized two-car attached garage. An exceptional and unexpected bonus is the spacious three-room apartment above the garage, complete with its own private entrance and dedicated parking. This unique feature provides tremendous flexibility for guests, extended living, a home office, or additional living space. A convenient central location, wonderful curb appeal, mature landscaping and abundant perennial flowerbeds, newer systems, and a beautifully maintained interior and exterior complete this special property. A short distance to the highway, commuter rail and boat. Classic New England style, generous outdoor space, and exceptional versatility in a sought-after neighborhood setting, provides quick access to all Hingham offers.
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: 900 sq ft (the lesser of 900 sq ft or half the 3,080 sq ft principal dwelling). Lot size: 32,234 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Trash Compactor • Microwave • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18 x 13.11
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Recessed Lighting, Lighting - Overhead
Dining Room
Lvl Main,First11.3 x 11.8
Flooring - Hardwood, Chair Rail, Lighting - Pendant
Kitchen
Lvl Main,First17.1 x 11.8
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Crown Molding
Office
Lvl Main19.3 x 11.5
Ceiling Fan(s), Flooring - Hardwood, High Speed Internet Hookup, Lighting - Overhead, Closet - Double
Family Room
Lvl Main,First20.3 x 11.1
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Chair Rail, Lighting - Overhead
Master Bedroom
Lvl Second11.1 x 14.11
Bathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet, Double Vanity, Recessed Lighting, Lighting - Overhead, Closet - Double, Decorative Molding
Bedroom 2
Lvl Second9.5 x 10.8
Bedroom 3
Lvl Second13.1 x 10.8
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead, Decorative Molding
Bedroom 4
Lvl Second15.1 x 11.1
Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First3.9 x 5
Bathroom 2
Lvl Second8.5 x 9.3
Bathroom 3
Lvl Second6.9 x 11.1
Listing Agent: Jeff Alexander
Listing Office: Compass
MLS® Number: 73573275
