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Buzzards Bay 02532
20 Queens Bay Ln
$490,000
● House - Off Market

20 Queens Bay Ln

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,206 Ft²
$493,258
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Charming three bedroom, two bath in sought after neighborhood of Buzzards Bay, steps from Buttermilk Bay.  This lovely little yet spacious home offers an open floor plan with one floor living plus very generous bonus space in the lower level to use as you like.  The backyard is completely fenced in with an oversized deck , fire pit and new storage shed.  Take morning strolls along the canal and enjoy all that this area has to offer. Recently finished basement, new roof, exterior doors,  title v septic and a fresh coat of paint makes this an amazing value.
Unit Size
2,206 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$217
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1950

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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 #72934200)

Price History

Date / Event Date Event Price
Mar 18, 2022 Sold
Premium
Sold
Jan 15, 2022 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $479,000
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
Aug 23, 2001 Sold
Premium
Sold
Dec 31, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 12,981
  • Total Building Area: 1,406
  • Gross Building Area: 3,502
  • Building Area: 1,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,406
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 3711
  • Parcel: BOUR M:19.4 P:97
  • Municipality: BOURNE
  • Latitude: 41.7528
  • Longitude: -70.6113

    Address

  • Full Address: 20 Queens Bay Ln
  • Address - House Number: 20
  • Address - Street Name: Queens Bay
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C006
  • 4-Digit Zip Code: 5572
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $397,300

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 554,706
  • High Value: 679,398
  • Low Value: 430,014

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,400
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $321,400

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14301
  • Previous Sale Recording Date: Aug 23, 2001
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 27
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 Buzzards Bay

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

75

Average Home Size

1493 ft²

Average Home Age

31.6 years

Currently For Sale

18 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72934200

Frequently Asked Questions

When was property at 20 Queens Bay Lane built and last sold?
The property at 20 Queens Bay Lane was built in 1950 and last sold on Mar 18, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 20 Queens Bay Lane is $516,346.
What are some comparable homes to 20 Queens Bay Lane?
There are currently no comparable homes to 20 Queens Bay Lane.
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