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Sagamore 02562
16 Marsh Pond Rd
$565,000
● House - Off Market

16 Marsh Pond Rd

Bourne, MA 02562
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$3,251
Est. Monthly

About This Property

NEW PRICE!  Great opportunity to live in Sagamore Beach with marsh peeks.  This home offers 4 bedrooms for a growing family and a oversized garage ideal for the tinkerer or someone requiring extra space.  Situated high on a hill in the quiet neighborhood of Sagamore Beach, it's an easy walk to a lovely sandy beach via path down the street.  The updated eat-in kitchen is efficient and cozy.  A sunny back deck connects the house & oversized garage with a lovely backyard perfect for young families.  A new septic will be installed by current owners.  Sagamore Beach also offers the Sagamore Beach Colony Club which offers tennis, social events, a camp for children, and lifelong friendships....
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$352
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1971

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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 #73140246)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Dec 14, 2023 In contract -
In contract
Nov 21, 2023 Price Decreased $599,000
↓ $20K (3.2%)
Price Decreased
Nov 1, 2023 Price Increased $619,000
↑ $20K (3.3%)
Price Increased
Oct 30, 2023 Relisted $599,000
Relisted
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Total Building Area: 1,700
  • Gross Building Area: 2,834
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013800

Zoning

  • Zoning: R40

Geography

  • Account Number: 1392
  • Parcel: BOUR M:7.2 P:34
  • Municipality: BOURNE
  • Latitude: 41.787
  • Longitude: -70.5253

    Address

  • Full Address: 16 Marsh Pond Rd
  • Address - House Number: 16
  • Address - Street Name: Marsh Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sagamore Beach
  • Zip Code: 02562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $377,600

    Appraisal Valuation

  • Standard Deviation: 0.0748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 95
  • Final Value: 639,179
  • High Value: 687,027
  • Low Value: 591,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,800
  • Assessed Land Value: $187,600
  • Assessed Improvements Value: $283,200

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1493905
  • Previous Sale Recording Date: Jul 25, 1973
  • Previous Sale Amount: $35,500
  • 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 Sagamore

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2697 ft²

Average Home Age

33 years

Currently For Sale

5 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 months ago
Data Source: MLS PIN, MLS# 73140246

Frequently Asked Questions

When was property at 16 Marsh Pond Road built and last sold?
The property at 16 Marsh Pond Road was built in 1971 and last sold on Dec 29, 2023 for $565,000.
How much is this home worth?
The estimated value of the home located at 16 Marsh Pond Road is $632,519.
What are some comparable homes to 16 Marsh Pond Road?
There are currently no comparable homes to 16 Marsh Pond Road.
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