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Marshfield 02050
1583 Ocean Street
$318,000
● House - Off Market

1583 Ocean Street

Marshfield, MA 02050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,122 Ft²
$559,417
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Inviting 6RM 3BR 2 Full Bath Cape with full shed dormer and finished basement. Wake up to your sun filled country kitchen. Entertainment size fireplace family room. Spacious Master bedroom, 1st floor bedroom/office. Hardwood floors throughout. Lower Level game room great for rainy day activities. Private fenced yard is a gardeners delight with mature plantings and trees, brick patio. Newer garden shed with cement floor and wired for electricity. Home is served by Town water and sewer. Property abuts delightful neighborhood. Convenient to town center, library, playground, shopping; walk to elementary school. Minutes away from desirable Rexhame Beach & dunes. Brand New State of the Art High School and awesome sports fields. Priced to sell at $318,000
Unit Size
2,122 Ft²
Days on Market
-
Land Size
-
Price per sqft
$150
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71926575)

Price History

Date / Event Date Event Price
Feb 2, 2016 Sold
Premium
Sold
Nov 2, 2015 Listed by Housepad, LLc $318,000
Listed by Housepad, LLc
Sep 4, 2008 Sold
Premium
Sold
Aug 2, 2008 Listed by Housepad, LLc $269,900
Listed by Housepad, LLc
Jun 30, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,669
  • Total Building Area: 2,122
  • Gross Building Area: 2,748
  • Building Area: 2,122
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,122
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • 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: 506203

Zoning

  • Zoning: R-B

Geography

  • Parcel: MARS M:0I08 B:0009 L:0008
  • Block: 9
  • Lot: 8
  • Municipality: MARSHFIELD
  • Latitude: 42.093
  • Longitude: -70.6908

    Address

  • Full Address: 1583 Ocean St
  • Address - House Number: 1583
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 3534
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,700

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 641,307
  • High Value: 762,961
  • Low Value: 519,653

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,700
  • Assessed Land Value: $282,600
  • Assessed Improvements Value: $230,100

    Sales

  • Current Sale Recording Date: Feb 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8918
  • Previous Sale Recording Date: Sep 04, 2008
  • Previous Sale Amount: $262,500
  • 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 Marshfield

Stats & Trends

Median Asking:

$796,750

Sale Price/ft²

$371

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1982 ft²

Average Home Age

93.5 years

Currently For Sale

11 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# 71926575

Frequently Asked Questions

When was property at 1583 Ocean Street built and last sold?
The property at 1583 Ocean Street was built in 1958 and last sold on Jan 1, 1970 for $318,000.
How much is this home worth?
The estimated value of the home located at 1583 Ocean Street is $350,505.
What are some comparable homes to 1583 Ocean Street?
There are currently no comparable homes to 1583 Ocean Street.
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