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Orleans 02653
15 Ellis Rd
$692,000
● House - Off Market

15 Ellis Rd

Orleans, MA 02653
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,456 Ft²
$661,023
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

An amazing location close to Skaket Beach,  the bike path and town center plus pretty marsh views from your backyard porch perch! With 5-bdrm septic and rooms galore there's lots of space to spread out when everyone visits. Property needs updating but the sky is the limit ... maybe some refreshing or major remodeling? The backyard tranquility overlooking Skaket Marsh provides privacy and a changing view of nature. Upstairs provides 3-bdrms, full bath, dining and living rooms, kitchen and laundry. Lower level with separate entrance offers 2-bdrms, full bath, kitchenette and family room. You won't be disappointed with this great find!
Unit Size
2,456 Ft²
Days on Market
-
Land Size
1.49 acres
Price per sqft
$244
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1954

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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 years ago (MLSPIN #72893478)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Sep 10, 2021 Listed by Leighton Realty $600,000
Listed by Leighton Realty
Aug 26, 1991 Sold
Premium
Sold
May 1, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 2
  • Basement Area: 1,456
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,904
  • Total Building Area: 1,461
  • Gross Building Area: 4,693
  • Building Area: 1,461
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,461
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Orleans School District
  • Census Tract: 010400

Zoning

  • Zoning: R

Geography

  • Account Number: 1173
  • Parcel: ORLE M:024.0 B:0076 L:0000.0
  • Block: 76
  • Municipality: ORLEANS
  • Latitude: 41.7905
  • Longitude: -70.0069

    Address

  • Full Address: 15 Ellis Rd
  • Address - House Number: 15
  • Address - Street Name: Ellis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Orleans
  • Carrier Code: R002
  • 4-Digit Zip Code: 2214
  • Zip Code: 02653

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $424,600

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 781,246
  • High Value: 928,117
  • Low Value: 634,376

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $662,400
  • Assessed Land Value: $340,700
  • Assessed Improvements Value: $321,700

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 80518
  • Previous Sale Recording Date: Aug 26, 1991
  • Previous Sale Amount: $96,500
  • 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 Orleans

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$506

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1358 ft²

Average Home Age

51 years

Currently For Sale

7 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72893478

Frequently Asked Questions

When was property at 15 Ellis Road built and last sold?
The property at 15 Ellis Road was built in 1954 and last sold on Dec 10, 2021 for $692,000.
How much is this home worth?
The estimated value of the home located at 15 Ellis Road is $614,847.
What are some comparable homes to 15 Ellis Road?
There are currently no comparable homes to 15 Ellis Road.
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