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Ocean Bluff-Brant Rock 02050
1081 Ocean St
$268,000
● House - Off Market

1081 Ocean St

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
732 Ft²
$397,989
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Welcome home! Minutes to Rexhame Beach, town marina, shopping, parks and highway access. This adorable 2 bedroom ranch with updated kitchen, central air, gas heat, town sewer, carport and outside storage shed has everything you need very close by, First time home buyers and investors must see this property.
Unit Size
732 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$382
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1956

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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 #72607631)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Sep 16, 2020 Listed by Molisse Realty Group $300,000
Listed by Molisse Realty Group
Apr 28, 2020 Sold
Premium
Sold
Jan 14, 2020 Listed by Molisse Realty Group $279,900
Listed by Molisse Realty Group
Jun 30, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 5,000
  • Total Building Area: 732
  • Gross Building Area: 1,028
  • Building Area: 732
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 732
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marshfield School District
  • School Tax School District: MARSHFIELD SD
  • Census Tract: 506206

Zoning

  • Zoning: R-3

Geography

  • Parcel: MARS M:0K10 B:0017 L:0009
  • Block: 17
  • Lot: 9
  • Municipality: MARSHFIELD
  • Latitude: 42.1037
  • Longitude: -70.6726

    Address

  • Full Address: 1081 Ocean St
  • Address - House Number: 1081
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R017
  • 4-Digit Zip Code: 3602
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $408,100

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 457,896
  • High Value: 550,720
  • Low Value: 365,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,800
  • Assessed Land Value: $277,900
  • Assessed Improvements Value: $114,900

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109345
  • Previous Sale Recording Date: Apr 28, 2020
  • Previous Sale Contract Date: Apr 06, 2020
  • Previous Sale Amount: $268,000
  • 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 Ocean Bluff-Brant Rock

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$488

Above Asking

0.00%

Average Days on Market

62

Average Home Size

1565 ft²

Average Home Age

89.8 years

Currently For Sale

9 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# 72607631

Frequently Asked Questions

When was property at 1081 Ocean Street built and last sold?
The property at 1081 Ocean Street was built in 1956 and last sold on Oct 27, 2020 for $312,500.
How much is this home worth?
The estimated value of the home located at 1081 Ocean Street is $302,667.
What are some comparable homes to 1081 Ocean Street?
There are currently no comparable homes to 1081 Ocean Street.
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