Lovely, light & bright end unit in 55+ Adult Community at
Southport. So much to do here! You will see a spacious open living
room with cathedral ceiling, dining area, and gas fireplace. Large
Master Suite has a walk in closet and private full bath. Guest
bedroom with access to a full bath. Three season porch is perfect
with a book. Full basement with a finished room, half bath, and
extra storage. Gas heat, central A/C, first floor laundry, and 1
car garage with interior access, make this one floor living a
breeze. The interior was freshly painted and new carpets installed.
Great opportunity to enjoy this exciting life style. Southport
offers a great variety of amenities, tennis, pickleball, 9 hole
golf course, 2 pools, a Village Center with ballroom, sports
lounge, exercise room, library. Centrally located close to beaches,
restaurants, and Mashpee Commons for shopping and seasonal outdoor
activities.
Unit Size
1,333 Ft²
Days on Market
-
Land Size
-
Price per sqft
$270
Property Type
Condo
Property Taxes
$286
HOA Dues
$595
Year Built
-
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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.
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Exterior Access, Open Floorplan
Level: Basement
Features: Flooring - Wall to Wall Carpet
Features: Bathroom - Half, Flooring - Vinyl
Level: Basement
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Wet Bar
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: Washer Hookup, First Floor, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Assigned, Guest, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Southport
Structure Type: Attached
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed, Deck
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: 102
Parcel Number: 65 35 471, 4412934
Water Source: Public
Financial Details
Tax Assessed Value: $366,600
Tax Annual Amount: $3,431
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
HOA/Condo/Coop Amenities: Pool, Golf Course, Fitness Center
Association Fee Frequency: Monthly
HOA Fee: $595
Community Features: Shopping, Golf, Medical Facility, Highway Access
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
18 Classic
#18,
Mashpee, MA,
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