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Orleans 02653
2 Harbor Hill Dr
$320,000
● House - Off Market

2 Harbor Hill Dr

Orleans, MA 02653
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$484,579
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

"Diamond in the Rough" best describes this home.  Perfect opportunity for First Time Home Buyers to  reside in Orleans.  Only .5 miles to picturesque Rock Harbor and 1 mile to Skaket Beach. - .5 miles to Orleans Town Center and the Cape Cod Rail Trail.  Priced to sell, this house needs cosmetic updating and a handyman's skills to bring out it's true potential.  Being sold as is.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$243
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1968

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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 #72135793)

Price History

Date / Event Date Event Price
May 16, 2017 Sold
Premium
Sold
Mar 25, 2017 Listed by Kinlin Grover Real Estate $299,900
Listed by Kinlin Grover Real Estate
Jun 18, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,232
  • Gross Building Area: 1,688
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Orleans School District
  • Census Tract: 010400

Zoning

  • Zoning: R

Geography

  • Account Number: 1220
  • Parcel: ORLE M:025.0 B:0010 L:0000.0
  • Block: 10
  • Municipality: ORLEANS
  • Latitude: 41.7933
  • Longitude: -70.0006

    Address

  • Full Address: 2 Harbor Hill Dr
  • Address - House Number: 2
  • Address - Street Name: Harbor Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Orleans
  • Carrier Code: R002
  • 4-Digit Zip Code: 2307
  • Zip Code: 02653

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $300,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,400
  • Assessed Land Value: $250,800
  • Assessed Improvements Value: $218,600

    Sales

  • Current Sale Contract Date: May 02, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1321321
  • Previous Sale Recording Date: Jun 18, 1999
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: 48
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 Orleans

Stats & Trends

Median Asking:

$555,000

Sale Price/ft²

$492

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1365 ft²

Average Home Age

39.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72135793

Frequently Asked Questions

When was property at 2 Harbor Hill Drive built and last sold?
The property at 2 Harbor Hill Drive was built in 1968 and last sold on May 2, 2017 for $320,000.
How much is this home worth?
The estimated value of the home located at 2 Harbor Hill Drive is $316,746.
What are some comparable homes to 2 Harbor Hill Drive?
There are currently no comparable homes to 2 Harbor Hill Drive.
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