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Bourne 02532
172 Leeward Rd
$465,000
● House - Off Market

172 Leeward Rd

Bourne, MA 02532
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,897 Ft²
$697,063
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

MASHNEE ISLAND!!!  Just steps to the water !!! This Cape has it all - an open kitchen,  cozy and warm living room and dining area that looks out to a back deck made for entertaining. Spacious sun drenched 4 bedrooms, lower level can be finished for additional living space.
Unit Size
1,897 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$250
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1999

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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 #72478238)

Price History

Date / Event Date Event Price
Jul 31, 2019 Sold
Premium
Sold
Apr 7, 2019 Listed by Century 21 North East $475,000
Listed by Century 21 North East
Mar 5, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • 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: 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: 1,897
  • Gross Building Area: 3,551
  • Building Area: 1,897
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,897
  • 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: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 6040
  • Parcel: BOUR M:29.4 P:75
  • Municipality: BOURNE
  • Latitude: 41.7165
  • Longitude: -70.6342

    Address

  • Full Address: 172 Leeward Rd
  • Address - House Number: 172
  • Address - Street Name: Leeward
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 3544
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $708,200

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 921,193
  • High Value: 1,088,780
  • Low Value: 753,607

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $883,100
  • Assessed Land Value: $498,500
  • Assessed Improvements Value: $384,600

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36023
  • Previous Sale Recording Date: Mar 05, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $562,000
  • Previous Sale Document Type: 34
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 Bourne

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$454

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2379 ft²

Average Home Age

58.8 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: 4 months ago
Data Source: MLS PIN, MLS# 72478238

Frequently Asked Questions

When was property at 172 Leeward Road built and last sold?
The property at 172 Leeward Road was built in 1999 and last sold on Jul 3, 2019 for $465,000.
How much is this home worth?
The estimated value of the home located at 172 Leeward Road is $498,474.
What are some comparable homes to 172 Leeward Road?
There are currently no comparable homes to 172 Leeward Road.
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