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Bourne 02532
18 Trowbridge Road
$510,000
● House - Off Market

18 Trowbridge Road

Bourne, MA 02532
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,430 Ft²
$510,519
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

FANTASTIC 3 Bed 2 Bath home with DEEDED IN-LAW APARTMENT featuring an additional bedroom and full bath all on the ground leve. Updated kitchen and bathrooms, NEW ROOF, and an updated septic. There's nothing to do but drop your bags and move right in. Two living areas, eat-in kitchen, first floor primary bed, bath, laundry and so much more. Walkable distance to the canal, shops and restaurants. Moments from the Bourne bridge, a perfect location for commuters and full time Cape-side residents alike. This is not one to be missed. Sale is subject to seller finding and securing suitable housing.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$349
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1942

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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 #72992750)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
May 30, 2022 Listed by REMAX Coastal Properties $499,000
Listed by REMAX Coastal Properties
Nov 15, 2019 Sold
Premium
Sold
Nov 13, 2009 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 8,756
  • Total Building Area: 1,950
  • Gross Building Area: 2,990
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 5140
  • Parcel: BOUR M:24.3 P:58
  • Municipality: BOURNE
  • Latitude: 41.7401
  • Longitude: -70.5968

    Address

  • Full Address: 18 Trowbridge Rd
  • Address - House Number: 18
  • Address - Street Name: Trowbridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C005
  • 4-Digit Zip Code: 3614
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $387,400

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 566,421
  • High Value: 693,747
  • Low Value: 439,095

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $483,000
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $339,900

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38133
  • Previous Sale Recording Date: Nov 15, 2019
  • Previous Sale Contract Date: Nov 14, 2019
  • Previous Sale Amount: $320,000
  • 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 Bourne

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$432

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2171 ft²

Average Home Age

59 years

Currently For Sale

4 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# 72992750

Frequently Asked Questions

When was property at 18 Trowbridge Road built and last sold?
The property at 18 Trowbridge Road was built in 1942 and last sold on Jul 28, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 18 Trowbridge Road is $529,248.
What are some comparable homes to 18 Trowbridge Road?
There are currently no comparable homes to 18 Trowbridge Road.
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