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Bourne 02532
1 Coastal Way
$430,000
● House - Off Market

1 Coastal Way

Bourne, MA 02532
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,954 Ft²
$701,487
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Lovely Contemporary Cape in historic Bourne Village. A few steps from the Cape Cod Canal. This beautiful 2BD/2BA 1,970 sq. ft home has a modern open floor plan and lots of natural light. The main floor has the kitchen, dining and living areas, along with a bedroom and bath. Upstairs is a 20x16 master bedroom and bath, an open balcony hallway and a room presently used as a study. The full walkout basement has interior access and is partially finished. The showplace exterior has an 18x40 in-ground pool, 10x40 deck, outside shower, shed, sprinkler system and is fully landscaped. 2-car garage, natural gas, Andersen windows, hardwood, tile, carpeted floors. Walk to the canal, post office, library, and the bus to Boston from your new home.
Unit Size
1,954 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$225
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1986

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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 #72192311)

Price History

Date / Event Date Event Price
Aug 23, 2017 Sold
Premium
Sold
Jul 3, 2017 Listed by www.EntryOnly.com $439,900
Listed by www.EntryOnly.com
Dec 22, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 23,914
  • Total Building Area: 1,848
  • Gross Building Area: 4,286
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000549
  • 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: 4978
  • Parcel: BOUR M:24.2 P:2 E:1
  • Municipality: BOURNE
  • Latitude: 41.7436
  • Longitude: -70.5941

    Address

  • Full Address: 1 Coastal Way
  • Address - House Number: 1
  • Address - Street Name: Coastal
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C005
  • 4-Digit Zip Code: 3639
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,200

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 751,396
  • High Value: 909,852
  • Low Value: 592,939

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $663,600
  • Assessed Land Value: $239,000
  • Assessed Improvements Value: $424,600

    Sales

  • Current Sale Recording Date: Aug 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42729
  • Previous Sale Recording Date: Dec 22, 1995
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Bourne

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$454

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2379 ft²

Average Home Age

58.8 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 72192311

Frequently Asked Questions

When was property at 1 Coastal Way built and last sold?
The property at 1 Coastal Way was built in 1986 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 1 Coastal Way is $451,080.
What are some comparable homes to 1 Coastal Way?
There are currently no comparable homes to 1 Coastal Way.
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