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Bourne 02532
11 Russell Road
$649,900
● House - Off Market

11 Russell Road

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,419 Ft²
$600,004
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Gray Gable's location! Just one street over from the water in a sought-after neighborhood. This well-loved home boasts a view of the water from the kitchen window and even better ones from the second floor. An ideal location for your perfect summer home or rental. 3 bedrooms, including one on the first floor, and space to build out over the garage. This is a pretty, level lot with a large fenced-in yard, a patio, and an outdoor shower. Hardwood floors (including under 2 carpeted rooms), tankless hot water heater. and a new furnace. This home just needs your special touches to make it your own seaside retreat. Passing Title V in hand.
Unit Size
1,419 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$422
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #73115927)

Price History

Date / Event Date Event Price
Jun 22, 2023 Sold
Premium
Sold
May 31, 2023 In contract -
In contract
May 24, 2023 Listed by Compass $599,000
Listed by Compass

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 10,716
  • Total Building Area: 1,419
  • Gross Building Area: 2,472
  • Building Area: 1,419
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • 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: 5303
  • Parcel: BOUR M:26.1 P:72
  • Municipality: BOURNE
  • Latitude: 41.7351
  • Longitude: -70.6186

    Address

  • Full Address: 11 Russell Rd
  • Address - House Number: 11
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 3582
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 677,580
  • High Value: 824,226
  • Low Value: 530,935

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $562,100
  • Assessed Land Value: $306,700
  • Assessed Improvements Value: $255,400

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jun 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24824
  • Previous Sale Recording Date: May 23, 2016
  • Previous Sale Document Type: 27
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:

$774,550

Sale Price/ft²

$461

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1773 ft²

Average Home Age

51.8 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 73115927

Frequently Asked Questions

When was property at 11 Russell Road built and last sold?
The property at 11 Russell Road was built in 1948 and last sold on Jun 13, 2023 for $649,900.
How much is this home worth?
The estimated value of the home located at 11 Russell Road is $606,609.
What are some comparable homes to 11 Russell Road?
There are currently no comparable homes to 11 Russell Road.
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