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Barnstable Town 02601
123 Locust St
$395,000
● House - Off Market

123 Locust St

Barnstable, MA 02601
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,082 Ft²
$361,869
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great starter home, flip, investment, vacation home, you name it. This sturdy Cape style 2 bedroom 1.5 bath has vinyl siding and is conveniently located to everywhere you want to be. This home sits on a nice level corner lot in the heart of Hyannis. Living room with fireplace, wood floors, and separate dining room, currently being used as a 1st floor bedroom. The home is on Town Sewer and being sold as-is. Close to Main St, Shopping, Dining, Entertainment, Downtown Hyannis and so much more. With private fenced-in back yard, breezeway and one car garage and offered at a great Cape Cod home value.
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$323
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1941

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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: 6 months ago (MLSPIN #72986229)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
May 23, 2022 Listed by William Raveis Real Estate & Homes Services $350,000
Listed by William Raveis Real Estate & Homes Services
Aug 30, 2000 Sold
Premium
Sold
May 24, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 9,583
  • Total Building Area: 1,082
  • Gross Building Area: 2,328
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELVEDERE CONDO
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstable School District
  • Census Tract: 012602

Zoning

  • Zoning: 1

Geography

  • Account Number: 228042
  • Parcel: HYAN M:310 L:238
  • Lot: 238
  • Municipality: HYANNIS
  • Latitude: 41.6598
  • Longitude: -70.2873

    Address

  • Full Address: 123 Locust St
  • Address - House Number: 123
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hyannis
  • Carrier Code: C015
  • 4-Digit Zip Code: 5738
  • Zip Code: 02601

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $324,200
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 452,545
  • High Value: 554,218
  • Low Value: 350,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $358,200
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40965
  • Previous Sale Recording Date: Aug 30, 2000
  • Previous Sale Amount: $123,000
  • 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 Barnstable Town

Stats & Trends

Median Asking:

$729,500

Sale Price/ft²

$479

Above Asking

2.00%

Average Days on Market

64

Average Home Size

2665 ft²

Average Home Age

58.9 years

Currently For Sale

153 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72986229

Frequently Asked Questions

When was property at 123 Locust Street built and last sold?
The property at 123 Locust Street was built in 1941 and last sold on Aug 15, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 123 Locust Street is $367,434.
What are some comparable homes to 123 Locust Street?
There are currently no comparable homes to 123 Locust Street.
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