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Teaticket 02536
197 Teaticket Path
$325,000
● House - Off Market

197 Teaticket Path

Falmouth, MA 02536
bedrooms
1 Bed
bathrooms
1 Bath
square feet
364 Ft²
$738,141
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

A little bit of heaven, this cottage on the water has been used as a great guest house.   Located on 1 acre of land  this 1 bedroom cottage is a great getaway.  Large deck for gathering and watching the boats go by. There is a three bedroom septic system so the possibilities for the future of this great property are many.  A property like this is hard to find so close the all Falmouth has to offer with shopping, restaurants, and sports.
Unit Size
364 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$904
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
2017

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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 #71343666)

Price History

Date / Event Date Event Price
Mar 30, 2012 Sold
Premium
Sold
Feb 27, 2012 Listed by Kinlin Grover Real Estate $329,000
Listed by Kinlin Grover Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,266
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,997
  • Total Building Area: 1,266
  • Gross Building Area: 2,961
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001033
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014700

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 39 S:01 P:015 L:015B
  • Lot: 15B
  • Municipality: FALMOUTH
  • Latitude: 41.5654
  • Longitude: -70.5802

    Address

  • Full Address: 197 Teaticket Path
  • Address - House Number: 197
  • Address - Street Name: Teaticket
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Teaticket
  • Carrier Code: C002
  • 4-Digit Zip Code: 5853
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $592,600

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 1,091,113
  • High Value: 1,313,320
  • Low Value: 868,907

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $856,400
  • Assessed Land Value: $436,800
  • Assessed Improvements Value: $419,600

    Sales

  • Current Sale Recording Date: Apr 14, 2010
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18177
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 Teaticket

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1471 ft²

Average Home Age

55.3 years

Currently For Sale

7 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# 71343666

Frequently Asked Questions

When was property at 197 Teaticket Path built and last sold?
The property at 197 Teaticket Path was built in 2017 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 197 Teaticket Path is $332,290.
What are some comparable homes to 197 Teaticket Path?
There are currently no comparable homes to 197 Teaticket Path.
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