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West Chatham 02633
1359 Main Street
$492,000
● House - Off Market

1359 Main Street

Chatham, MA 02633
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,026 Ft²
$971,574
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Three buildings on .63 acre lot recently almost totally renovated. Main house of three bedrooms and two baths and almost 1400 square feet has new kitchen, bathrooms, hardwood floors and almost everything this past winter.. Guest house of 661 square feet has 2 bedrooms and one bath also totally renovated... Separate garage and shed are also included.... Perfect spot to live or work as it is SB zoned for business or residential and close to town, beaches, golf and everything Chatham has to offer.
Unit Size
2,026 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$246
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
-

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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: 5 months ago (MLSPIN #71545990)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 3, 2021 Sold
Premium
Sold
Mar 10, 2021 In contract -
In contract
Mar 4, 2021 Listed by William Raveis Chatham $875,000
Listed by William Raveis Chatham
Sep 6, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 27,405
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EUNICE A NICKERSON
  • Land Acres: 0000000629
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Monomoy Regional School District
  • School Tax School District: MONOMOY RGNL SD
  • Census Tract: 010700

Zoning

  • Zoning: R20

Geography

  • Account Number: 219
  • Parcel: CHAT M:10E B:0013 L:2
  • Block: 13
  • Lot: 2
  • Municipality: CHATHAM
  • Latitude: 41.6836
  • Longitude: -69.9841

    Address

  • Full Address: 1359 Main St
  • Address - House Number: 1359
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chatham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1827
  • Zip Code: 02633

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $318,200

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 1,158,834
  • High Value: 1,370,451
  • Low Value: 947,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $891,300
  • Assessed Land Value: $294,100
  • Assessed Improvements Value: $597,200

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30028
  • Previous Sale Recording Date: Sep 06, 2013
  • Previous Sale Amount: $492,000
  • 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 West Chatham

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$814

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1778 ft²

Average Home Age

48.7 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71545990

Frequently Asked Questions

When was property at 1359 Main Street built and last sold?
The property at 1359 Main Street was built in and last sold on May 3, 2021 for $955,000.
How much is this home worth?
The estimated value of the home located at 1359 Main Street is $872,033.
What are some comparable homes to 1359 Main Street?
There are currently no comparable homes to 1359 Main Street.
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