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Pocasset 02559
1 Circle Ln
$625,000
● House - Off Market

1 Circle Ln

Bourne, MA 02559
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,355 Ft²
$689,470
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Incredible opportunity to make this expanded Cape Cod style home with attached 2-car garage + in-law set up on a cul-de-sac just over 1 mile from Hen's Cove Beach. This custom home offers wonderful floorplan with hardwood floors. First floor offers option for primary bedroom or office with private bathroom, family room with fireplace, fireplaced living room, dining room and laundry/foyer. Second floor offers two large oversized bedrooms with full bathroom. Suite over garage offers second kitchen and full bathroom. Very large and spacious lower level.
Unit Size
2,355 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$276
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1971

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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 #73052430)

Price History

Date / Event Date Event Price
Dec 2, 2022 Sold
Premium
Sold
Nov 3, 2022 In contract -
In contract
Oct 28, 2022 Listed by Compass $649,900
Listed by Compass
Mar 31, 2022 Sold
Premium
Sold
Jul 25, 2021 Listed by Compass $450,000
Listed by Compass

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 2,355
  • Gross Building Area: 4,608
  • Building Area: 2,355
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,355
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 7971
  • Parcel: BOUR M:38.2 P:103
  • Municipality: BOURNE
  • Latitude: 41.6998
  • Longitude: -70.6083

    Address

  • Full Address: 1 Circle Ln
  • Address - House Number: 1
  • Address - Street Name: Circle
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Pocasset
  • Carrier Code: R002
  • 4-Digit Zip Code: 1923
  • Zip Code: 02559

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $518,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 774,937
  • High Value: 938,890
  • Low Value: 610,984

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $646,200
  • Assessed Land Value: $219,100
  • Assessed Improvements Value: $427,100

    Sales

  • Current Sale Contract Date: Nov 17, 2022
  • Current Sale Recording Date: Dec 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1472068
  • Previous Sale Recording Date: Mar 31, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $460,000
  • 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 Pocasset

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$535

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2317 ft²

Average Home Age

58.6 years

Currently For Sale

14 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73052430

Frequently Asked Questions

When was property at 1 Circle Lane built and last sold?
The property at 1 Circle Lane was built in 1971 and last sold on Nov 17, 2022 for $625,000.
How much is this home worth?
The estimated value of the home located at 1 Circle Lane is $678,422.
What are some comparable homes to 1 Circle Lane?
There are currently no comparable homes to 1 Circle Lane.
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