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Teaticket 02536
20 Neves Way
$637,000
● House - Off Market

20 Neves Way

Falmouth, MA 02536
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,764 Ft²
$639,944
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Located on a private way with deeded water access, this spacious 4 bedroom Cape offers versatile living space, central air, a  whole house generator and numerous possibilities!  The bright, sunny living room leads to the open dining/kitchen, first floor bedroom, den/office and a half-bath with room to expand to a full bath with laundry.  An enclosed porch provides additional space for dining,  entertaining and relaxing.  The second level's three bedrooms, all with wood flooring, and full bath complete the floor plan. Newer windows, central AC,  garden shed and generator are recent improvements.  Stroll a short distance down the street to launch your boat or kayak from your deeded, salt water access.  Enjoy Falmouth's beaches, vibrant downtown, and dining while relaxing in the privacy of a quiet enclave!
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$360
Property Type
House
Property Taxes
$205
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 #72957264)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 24, 2022 Listed by Kinlin Grover Compass $635,000
Listed by Kinlin Grover Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,764
  • Gross Building Area: 3,136
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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 34 S:06 P:010 L:005
  • Lot: 5
  • Municipality: FALMOUTH
  • Latitude: 41.5686
  • Longitude: -70.5795

    Address

  • Full Address: 20 Neves Way
  • Address - House Number: 20
  • Address - Street Name: Neves
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Teaticket
  • Carrier Code: C002
  • 4-Digit Zip Code: 5835
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $286,600

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 704,184
  • High Value: 862,765
  • Low Value: 545,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,200
  • Assessed Land Value: $147,600
  • Assessed Improvements Value: $266,600

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22842
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:

$745,000

Sale Price/ft²

$536

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1807 ft²

Average Home Age

45 years

Currently For Sale

9 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# 72957264

Frequently Asked Questions

When was property at 20 Neves Way built and last sold?
The property at 20 Neves Way was built in 1968 and last sold on Apr 27, 2022 for $637,000.
How much is this home worth?
The estimated value of the home located at 20 Neves Way is $652,561.
What are some comparable homes to 20 Neves Way?
There are currently no comparable homes to 20 Neves Way.
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