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Ocean Bluff-Brant Rock 02050
129 Tower Ave
$415,000
● House - Off Market

129 Tower Ave

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$2,297
Est. Monthly

About This Property

Welcome home! This 2 Bed, 1 Bath cottage is in a prime location in Brant Rock-NOT in flood zone! It is just waiting for your updates and personal touches!! Enjoy this year round, or as an investment property, or as a summer home! This home offers convenient one level living and option to utilize the finished front room as an office, sitting room, play room/exercise area. The yard is flat + mostly fenced in with a deck, fire pit, and storage shed. Updates include: Blown-Insulation/vapor barrier, electrical panel,furnace,water heater,siding,roof,gutters,chimney. It's perfect for beach lovers, outdoor enthusiasts, and more! Spend your day at the beach,kayak on their river near GH marina,play tennis/pickleball and more at Peter Igo Park or spend time at Tower Ave playground.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$476
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1950

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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 #73186228)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Dec 12, 2023 In contract -
In contract
Dec 8, 2023 Listed by Conway - Marshfield $400,000
Listed by Conway - Marshfield

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • 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: 672
  • Gross Building Area: 840
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 672
  • 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:0M08 B:0005 L:0014
  • Block: 5
  • Lot: 14
  • Municipality: MARSHFIELD
  • Latitude: 42.0933
  • Longitude: -70.6533

    Address

  • Full Address: 129 Tower Ave
  • Address - House Number: 129
  • Address - Street Name: Tower
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 5135
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $416,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0824
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 406,507
  • High Value: 440,032
  • Low Value: 372,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,600
  • Assessed Land Value: $297,800
  • Assessed Improvements Value: $102,800

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2307
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73186228

Frequently Asked Questions

When was property at 129 Tower Avenue built and last sold?
The property at 129 Tower Avenue was built in 1950 and last sold on Jan 12, 2024 for $415,000.
How much is this home worth?
The estimated value of the home located at 129 Tower Avenue is $405,889.
What are some comparable homes to 129 Tower Avenue?
There are currently no comparable homes to 129 Tower Avenue.
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