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Bourne 02532
121 Presidents Road
$711,000
● House - Off Market

121 Presidents Road

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,584 Ft²
$674,337
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Just move into this beautiful, meticulously maintained Cape Cod Home in Bourne's much-desired and coveted Gray Gables section. Spread out in this spacious dormered cape built in 2003 with modern updates. Accommodations include seven rooms, three very spacious bedrooms, a huge bonus room with skylight, two full baths,1584 square feet of living space, a/c, hardwood floors, outdoor shower, deck, fenced yard, stone walkways, irrigation system, mature plantings, and more. The picturesque beach is only 600 feet away and a short walk to Mashnee Island Causeway. Welcome, Home to 121 Presidents Road. First Showing at Open house Wednesday, 9/14/2022 from 11:00-12:30 PM
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$403
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
2003

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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 #73034518)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $639,000
Relisted
Sep 16, 2022 In contract -
In contract
Sep 8, 2022 Listed by Arborview Realty Inc. $639,000
Listed by Arborview Realty Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,062
  • Total Building Area: 1,716
  • Gross Building Area: 3,024
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 5339
  • Parcel: BOUR M:26.1 P:113
  • Municipality: BOURNE
  • Latitude: 41.7332
  • Longitude: -70.619

    Address

  • Full Address: 121 Presidents Rd
  • Address - House Number: 121
  • Address - Street Name: Presidents
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 3502
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 753,466
  • High Value: 927,248
  • Low Value: 579,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,600
  • Assessed Land Value: $228,700
  • Assessed Improvements Value: $365,900

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55470
  • Previous Sale Recording Date: Jul 26, 2017
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73034518

Frequently Asked Questions

When was property at 121 Presidents Road built and last sold?
The property at 121 Presidents Road was built in 2003 and last sold on Nov 10, 2022 for $711,000.
How much is this home worth?
The estimated value of the home located at 121 Presidents Road is $634,869.
What are some comparable homes to 121 Presidents Road?
There are currently no comparable homes to 121 Presidents Road.
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