$95,000
●
Property -
Off Market
42 Otis Village #42
Mashpee, MA 02649
Studio
2 Baths
1,124 Ft²
$186,727
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Beautiful and spacious year round 2002 Skyline Claridge model in
the very popular Otis Village Trailer Park. This home boasts a
spacious living room, light & bright eat-in stainless kitchen, King
size Master with bathroom suite, tilt-out windows recessed
lighting, 7 skylights and the 2007 addition of a sun-soaked, tiled
4 season room which leads to a large wrap around deck (Azek)
overlooking a large, private corner lot filled with perennials,
fire pit and good size shed. Great sandy beach for swimming &
boating, friendly onsite management & well maintained community
make for a great & affordable Cape Cod lifestyle. Local amenities
include shopping, dining, theater, medical facilities, beaches,
boating & kyacking and easy hwy access. Credit & park application
to be filled out & approved by Otis Village Trailer Park **CAN be
financed
Unit Size
1,124 Ft²
Days on Market
-
Land Size
-
Price per sqft
$89
Property Type
Property
Property Taxes
-
HOA Dues
$362
Year Built
-
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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 years ago (MLSPIN #71645218)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2014 | Sold | ||
| Sold | |||
| Mar 15, 2014 | Listed by Today Real Estate, Inc. | $99,900 | |
| Listed by Today Real Estate, Inc. | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet, Hardwood, Wood Laminate
Rooms: 5
Parking Details
Parking Features: Off Street
Exterior Details
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Mobile Home
Structure Type: W/ Addition
Building Area Units: Square Feet
Patio and Porch Features: Deck - Composite
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Units: Acres
Zoning: res
Water Source: Public
Utilities Details
Utilities: for Gas Oven, for Electric Dryer
Cooling Type: Central Air
Heating Type: Propane
Sewer : Other
Location Details
HOA Fee: $362
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2014
|
Loft
|
2 Bath
|
1124 ft²
|
$99,900
Loft
2 Bath
1124 ft²
|
$95,000
-4.90%
05/19/2014
|
Deborah Del Negro
Kinlin Grover Compass
| |
|
04/13/2013
|
2 Bed
|
1 Bath
|
1020 ft²
|
$49,500
2 Bed
1 Bath
1020 ft²
|
$38,000
-23.23%
05/21/2013
|
Deborah Del Negro
Kinlin Grover Compass
| |
|
04/09/2013
|
1 Bed
|
1 Bath
|
600 ft²
|
$13,500
1 Bed
1 Bath
600 ft²
|
$9,000
-33.33%
07/17/2013
|
Deborah Del Negro
Kinlin Grover Compass
| |
|
10/05/2011
| |
Loft
|
2 Bath
|
1044 ft²
|
$94,900
Loft
2 Bath
1044 ft²
|
$90,000
-5.16%
05/04/2012
|
Joan Costello
Jack Conway Cape Cod - Sandwich
|
|
06/06/2011
|
Loft
|
2 Bath
|
1020 ft²
|
$62,900
Loft
2 Bath
1020 ft²
|
$55,000
-12.56%
07/15/2011
|
Robert Melville
Cape Cod Real Estate Group
| |
|
11/29/2010
| |
Loft
|
1 Bath
|
616 ft²
|
$65,000
Loft
1 Bath
616 ft²
|
$55,000
-15.38%
08/05/2012
|
Catherine Thomas
Sotheby's International Realty - Sandwich Brokerage
|
Building Info
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