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Buzzards Bay 02532
16 Summer St.
Photo of 16 Summer St.
Sold on Apr 8, 2025

17

Map

Photo of 16 Summer St.
Photo of 16 Summer St.
$455,000
● House - Off Market

16 Summer St.

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
1 Bath
square feet
874 Ft²
$2,479
Est. Monthly
6.89%
Cap Rate

About This Property

Absolutely pristine and updated sunny ranch home in downtown Buzzards Bay, located 1 block to the scenic Cape Cod Canal!  Great neighborhood. Walk to everything and super easy highway access! PERFECT for first time home buyer, summer home or for investment rental opportunity! Beautiful, gleaming hardwood floors throughout living area. Fully equipped kitchen, all updates approx. 3 yrs. old, huge basement with loads of potential there. Town water/sewer, natural gas forced air heat, easy for central A/C or add mini-split! Low taxes. Large, level yard on corner lot with storage shed and tons of possibilities to add some beautiful plantings or expand deck! Seller added new roof, driveway and insulation. 10 minutes to Scusset Beach. Great opportunity here. First Open House this Sunday, March 9 from 1-2:30 p.m.!
Unit Size
874 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$514
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #73342223)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Mar 8, 2025 In contract -
In contract
Mar 6, 2025 Listed $449,000
Listed
Aug 6, 2021 Sold
Premium
Sold
May 13, 2021 Listed $359,000
Listed
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 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: 8,015
  • Total Building Area: 874
  • Gross Building Area: 1,818
  • Building Area: 874
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 874
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 4681
  • Parcel: BOUR M:23.2 P:157
  • Municipality: BOURNE
  • Latitude: 41.7462
  • Longitude: -70.6077

    Address

  • Full Address: 16 Summer St
  • Address - House Number: 16
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C001
  • 4-Digit Zip Code: 3450
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $328,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 55
  • Final Value: 396,569
  • High Value: 485,668
  • Low Value: 307,469

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $409,600
  • Assessed Land Value: $166,200
  • Assessed Improvements Value: $243,400

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52040
  • Previous Sale Recording Date: Sep 09, 2013
  • Previous Sale Amount: $184,000
  • 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 Buzzards Bay

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1494 ft²

Average Home Age

28.5 years

Currently For Sale

20 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73342223

Frequently Asked Questions

When was property at 16 Summer Street built and last sold?
The property at 16 Summer Street was built in 1960 and last sold on Jul 13, 2021 for $353,000.
How much is this home worth?
The estimated value of the home located at 16 Summer Street is $436,738.
What are some comparable homes to 16 Summer Street?
There are currently no comparable homes to 16 Summer Street.
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