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North Eastham 02642
165 Harmes Way
$2,500,000
● House - Off Market

165 Harmes Way

Eastham, MA 02642
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,226 Ft²
$2,604,359
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Wonderful tastefully renovated beach front home on Cape Cod Bay with 2 bedrooms, 2 full baths and an open living area with plenty of extra space for guests. This home was completely renovated in 2021 with high end ''beach style'' finishes and attention to every detail. This house has been lifted above flood elevation. Features include propane hot air heat, air conditioning, gas fireplace, panoramic views of Cape Cod Bay, Sunken Meadow and Audubon Conversation lands. Ever changing tides and magnificent sunsets form this perfect beach home are second to none. Enjoy your private sandy beach, a beverage at sunset on the deck, and moor your boat just steps from your back door.
Unit Size
1,226 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$2,121
Property Type
House
Property Taxes
$842
HOA Dues
-
Year Built
1985

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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 #73083240)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
May 10, 2023 In contract -
In contract
May 2, 2023 Price Increased $2,600,000
↑ $1M (116.7%)
Price Increased
Apr 22, 2023 Relisted $1,200,000
Relisted
Apr 17, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 21,344
  • Total Building Area: 1,226
  • Building Area: 1,226
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,226
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nauset School District
  • Census Tract: 010304

Zoning

  • Zoning: RESIDE

Geography

  • Account Number: 100
  • District: 86
  • Parcel: EAST M:0001 L:0103
  • Lot: 103
  • Municipality: EASTHAM
  • Latitude: 41.8741
  • Longitude: -70.0085

    Address

  • Full Address: 165 Harmes Way
  • Address - House Number: 165
  • Address - Street Name: Harmes
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Eastham
  • Zip Code: 02642

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,302,200

    Appraisal Valuation

  • Standard Deviation: 0.2175
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 1,733,300
  • High Value: 2,111,099
  • Low Value: 1,355,502

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,857,600
  • Assessed Land Value: $1,192,700
  • Assessed Improvements Value: $664,900

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1481943
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 North Eastham

Stats & Trends

Median Asking:

$812,450

Sale Price/ft²

$556

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1980 ft²

Average Home Age

60.3 years

Currently For Sale

8 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# 73083240

Frequently Asked Questions

When was property at 165 Harmes Way built and last sold?
The property at 165 Harmes Way was built in 1985 and last sold on Jun 2, 2023 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 165 Harmes Way is $2,566,281.
What are some comparable homes to 165 Harmes Way?
There are currently no comparable homes to 165 Harmes Way.
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