$499,900
●
Condo -
Off Market
153 Jericho Path #3
Falmouth, MA 02540
3 Beds
2 Baths
1,091 Ft²
$3,120
Est. Monthly
$427
HOA / Fees
5.13%
Cap Rate
About This Property
WATER views. KAYAK on adjacent "LITTLE POND." Only 2 blocks walk to
BRISTOL BEACH & FALMOUTH HEIGHTS BEACH! Walk to restaurants & close
to BIKE PATH. This Nantucket Village Style end unit is SOLD FULLY
FURNISHED and "turn-key" with $20,000 of upgrades & custom
CLOSETTEC built-ins for tremendous storage. A sun drenched year
round retreat with top quality finishes, cathedral ceilings, 3
nicely sized bedrooms, deluxe master suite and open plan that makes
it feel much larger than similar size homes.
Unit Size
1,091 Ft²
Days on Market
-
Land Size
-
Price per sqft
$458
Property Type
Condo
Property Taxes
$238
HOA Dues
$427
Year Built
-
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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: 2 years ago (MLSPIN #71051636)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | Listed by William Raveis R.E. & Home Services | $799,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Falmouth Heights Water view: Eastwind at Little Pond condo. Falmouth Heights & Bristol Beach less than 1,000 ft. from this Nantucket style condo, 3 BR, 2 BA. Gas fireplaced living room w cathedral ceiling, newer eat-in kitchen. Condo has cathedral ceilings, wood floors, lots of glass with views. Originally built in 1970, Eastwind was created and completely remodeled in 2001. The common areas are lush and the gazebo is a regular gathering area for this friendly community! Private brick patio for family gatherings. Brand new gas heat and air-cond 2024. Condo fee covers property and flood insurance, water, trash pick up, landscaping, snow removal. Property sold furnished less a few personals and wall art. Don't wait on this one! Buyer to assume interest free sewer betterment with the town, Balance as of the listing date is $10,007.99 and payable with 3rd & 4th quarter property taxes, $435.13 each. Condo fees are paid quarterly plus an annual capitol fund fee of $983.00 for reserves.
| |||
| Mar 22, 2010 | Listed | $499,900 | |
| Listed | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Assigned, Common
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Concrete
Door Features: Storm Door(s), Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, Flooring - Stone/Ceramic Tile, First Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 1091
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 2000
Waterfront Features: Waterfront, Pond, Ocean, Walk to, Access, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Eastwind Village
Building Area Total: 1091
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Size Area: 1
Lot Size Units: Square Feet
Lot Size Square Feet: 1
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $422,200
Tax Annual Amount: $2,850
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat
HOA Fee: $427
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2024
|
3 Bed
|
2 Bath
|
1088 ft²
|
$849,000
3 Bed
2 Bath
1088 ft²
|
$800,000
-5.77%
08/14/2024
|
Meghan Ostroff
Berkshire Hathaway HomeServices Robert Paul Properties
| |
|
05/20/2024
|
3 Bed
|
2 Bath
|
1088 ft²
|
$849,000
3 Bed
2 Bath
1088 ft²
|
-
-
|
Meghan Moore Ostroff
Berkshire Hathaway HomeServices Robert Paul Properties
| |
|
04/26/2024
|
3 Bed
|
2 Bath
|
1082 ft²
|
$799,900
3 Bed
2 Bath
1082 ft²
|
$785,000
-1.86%
05/24/2024
|
Barbara Corcoran
William Raveis R.E. & Home Services
| |
|
09/02/2022
| |
3 Bed
|
2 Bath
|
1082 ft²
|
$649,500
3 Bed
2 Bath
1082 ft²
|
$725,870
+11.76%
10/06/2022
|
Team Kinchla
William Raveis R.E. & Home Services
|
|
08/15/2016
|
3 Bed
|
2 Bath
|
1091 ft²
|
$499,000
3 Bed
2 Bath
1091 ft²
|
$459,500
-7.92%
10/17/2016
|
Kathleen Steinberg
Kinlin Grover Compass
| |
|
02/06/2016
|
3 Bed
|
2 Bath
|
1091 ft²
|
$459,900
3 Bed
2 Bath
1091 ft²
|
$453,750
-1.34%
04/01/2016
|
Team Kinchla
William Raveis R.E. & Home Services
| |
|
02/09/2011
|
3 Bed
|
2 Bath
|
1112 ft²
|
$474,900
3 Bed
2 Bath
1112 ft²
|
$419,000
-11.77%
06/30/2011
|
William Peters
Engel & Voelkers Falmouth
| |
|
05/29/2010
|
3 Bed
|
2 Bath
|
1112 ft²
|
$435,000
3 Bed
2 Bath
1112 ft²
|
$435,000
04/01/2011
|
Reciprocal Reciprocal
Cape Cod Reciprocal
| |
|
03/22/2010
|
3 Bed
|
2 Bath
|
1091 ft²
|
$499,900
3 Bed
2 Bath
1091 ft²
|
-
-
|
Robert Simone
Better Living Real Estate, LLC
| |
|
04/04/2007
|
3 Bed
|
2 Bath
|
1091 ft²
|
$460,000
3 Bed
2 Bath
1091 ft²
|
$460,000
06/13/2008
|
Kelly Pierce
Kinlin Grover GMAC Real Estate
| |
|
03/06/2006
|
3 Bed
|
2 Bath
|
1112 ft²
|
$539,000
3 Bed
2 Bath
1112 ft²
|
$503,000
-6.68%
08/14/2006
|
Mark Cirignano
OmegaListings.com, Inc.
| |
|
06/06/2005
|
2 Bed
|
2 Bath
|
1091 ft²
|
$495,000
2 Bed
2 Bath
1091 ft²
|
$458,000
-7.47%
10/21/2005
|
Patricia Thatcher
RE/MAX Classic
|
Building Info
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