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Pocasset 02559
20 Observatory Lane
$210,000
● House - Off Market

20 Observatory Lane

Bourne, MA 02559
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,082 Ft²
$420,269
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Great Raised Ranch in Pocasset.Close to conservation area. 1 Mile from Beaches and Pond.. Close  to all amenities. Property is well maintained . Interior has been freshly painted walls and ceilings..   Fire Place Living Room, Kitchen with Dining Area, 2  Bedrooms with closets, 1 with its own 1/2 Bath, Den that can be used a s a 3rd Bedroom on main floor. Sunny Deck, Hardwood Floors Throughout .Central Air Conditioning New Heater.. Unfinished lower level with walls in place ready for your finishing touches to add lots of extra living space. Paved Drive Corner Lot...  Situated in Low Tax Bourne.. Seller is motivated, take a look, make an offer.
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$208
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #71718440)

Price History

Date / Event Date Event Price
Dec 29, 2014 Sold
Premium
Sold
Jul 20, 2014 Listed by Edgar D. Fulton REALTORS® $224,900
Listed by Edgar D. Fulton REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 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: 10,106
  • Total Building Area: 1,082
  • Gross Building Area: 2,714
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 014002

Zoning

  • Zoning: R40

Geography

  • Account Number: 8429
  • Parcel: BOUR M:39.0 P:39
  • Municipality: BOURNE
  • Latitude: 41.6967
  • Longitude: -70.6019

    Address

  • Full Address: 20 Observatory Ln
  • Address - House Number: 20
  • Address - Street Name: Observatory
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Pocasset
  • Carrier Code: R002
  • 4-Digit Zip Code: 1925
  • Zip Code: 02559

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $306,800

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 502,128
  • High Value: 619,978
  • Low Value: 384,278

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $382,500
  • Assessed Land Value: $169,500
  • Assessed Improvements Value: $213,000

    Sales

  • Current Sale Recording Date: Dec 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60627
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 Pocasset

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$535

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2351 ft²

Average Home Age

47.3 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 71718440

Frequently Asked Questions

When was property at 20 Observatory Lane built and last sold?
The property at 20 Observatory Lane was built in 1973 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 20 Observatory Lane is $245,268.
What are some comparable homes to 20 Observatory Lane?
There are currently no comparable homes to 20 Observatory Lane.
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