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Marshfield 02050
1605 Ocean Street
$239,673
● House - Off Market

1605 Ocean Street

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$537,349
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

Great Condition and Conveniently Located to Town Center. Desirable Straight Ranch,offers One Level Living. Full Basement,Breezeway and Attached One Car Garage.New Vinyl Windows and New Exterior Vinyl Siding,Updated Bath,New Kitchen Counter Tops and Appliances,New Tile Floors and Interior Paint.Front and Rear Entry Decks,Level Lot with Fenced Rear Yard, Front Circular Driveway. Approximately 2 miles to the beach and 7 minutes to Rte.3. Terrific Offering!
Unit Size
792 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$314
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1959

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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 #71396151)

Price History

Date / Event Date Event Price
Oct 26, 2012 Sold
Premium
Sold
Jun 13, 2012 Listed by Options 153, Mullen & Partners $249,000
Listed by Options 153, Mullen & Partners
Oct 30, 2009 Sold
Premium
Sold
Sep 6, 2009 Listed by Options 153, Mullen & Partners $239,900
Listed by Options 153, Mullen & Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,200
  • Total Building Area: 792
  • Gross Building Area: 2,244
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR FIELD
  • Land Acres: 0000000257
  • 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:0007 L:0006
  • Block: 7
  • Lot: 6
  • Municipality: MARSHFIELD
  • Latitude: 42.0929
  • Longitude: -70.6922

    Address

  • Full Address: 1605 Ocean St
  • Address - House Number: 1605
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 3536
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $456,000

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 525,033
  • High Value: 615,320
  • Low Value: 434,747

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,900
  • Assessed Land Value: $282,300
  • Assessed Improvements Value: $156,600

    Sales

  • Current Sale Recording Date: Oct 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Oct 30, 2009
  • Previous Sale Amount: $225,500
  • 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

0.02%

Average Days on Market

70

Average Home Size

2082 ft²

Average Home Age

105.7 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 71396151

Frequently Asked Questions

When was property at 1605 Ocean Street built and last sold?
The property at 1605 Ocean Street was built in 1959 and last sold on Jan 1, 1970 for $239,673.
How much is this home worth?
The estimated value of the home located at 1605 Ocean Street is $255,063.
What are some comparable homes to 1605 Ocean Street?
There are currently no comparable homes to 1605 Ocean Street.
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