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Pocasset 02559
101 Lake Drive
$535,000
● House - Off Market

101 Lake Drive

Bourne, MA 02559
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,638 Ft²
$567,471
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Beautiful vacation home or first time buyers home located in Pocasset. take views in from the deck while enjoying the spacious landscaped backyard. this home has many updates including appliances, roof, wainscoting just to name a few. This home is well maintained, with views of Picture Lake throughout the property.  Also has a large private yard and a hot tub.  Also this home has gas heat, hot water, and cooking makes this home a great value. Also two large sheds  for storage for all your storage needs. Available Picture Lake beach parking by town sticker or a short walk.  Great fishing  noted by the Buzzards Bay Coalition and kayaking. a very short drive to monument beach and hiking trails, makes this home surrounded by outdoor options.  this home is not to be missed.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$296
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1984

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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: 5 years ago (MLSPIN #72821979)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Kinlin Grover Compass $485,000
Listed by Kinlin Grover Compass
Jan 13, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,018
  • Total Building Area: 1,638
  • Gross Building Area: 2,766
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PICTURE LAKE
  • Land Acres: 0000000758
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 014002

Zoning

  • Zoning: R40

Geography

  • Account Number: 10051
  • Parcel: BOUR M:44.4 P:34
  • Municipality: BOURNE
  • Latitude: 41.6868
  • Longitude: -70.5948

    Address

  • Full Address: 101 Lake Dr
  • Address - House Number: 101
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Pocasset
  • Carrier Code: R001
  • 4-Digit Zip Code: 2246
  • Zip Code: 02559

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,800

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 705,011
  • High Value: 854,352
  • Low Value: 555,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $595,800
  • Assessed Land Value: $246,500
  • Assessed Improvements Value: $349,300

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38099
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 48
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:

$720,000

Sale Price/ft²

$527

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2356 ft²

Average Home Age

46.8 years

Currently For Sale

12 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: 5 years ago
Data Source: MLS PIN, MLS# 72821979

Frequently Asked Questions

When was property at 101 Lake Drive built and last sold?
The property at 101 Lake Drive was built in 1984 and last sold on Jun 4, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 101 Lake Drive is $509,839.
What are some comparable homes to 101 Lake Drive?
There are currently no comparable homes to 101 Lake Drive.
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