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Barnstable 02633
2078 Main St
$700,000
● House - Off Market

2078 Main St

Chatham, MA 02633
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$746,956
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Opportunity knocks! This unique West Chatham Main Street property is conveniently located  with Ridgevale Beach,  Bike Path, Marion's Pie Shop, and Chatham Pottery nearby.  Easy open floor plan ranch has  3bed/2bath with a separate entrance to spacious gallery area. Has been  run as an art studio/gallery there since 1982. Seller has hooked up to town sewer. R20 Zone allows for home occupation and sign. Gas fireplace stove in living room,  electric baseboard heat. New Roof 14 years ago, New Pro windows 2003. Newer Refrigerator. Property sold AS IS. Buyer and buyer agents to verify all information, no warranties expressed or implied.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$435
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1982

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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 #73105534)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
May 20, 2023 In contract -
In contract
May 5, 2023 Listed by Kinlin Grover Compass $749,000
Listed by Kinlin Grover Compass
Jun 7, 1982 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1988
  • 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: 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: 14,047
  • Total Building Area: 1,720
  • Gross Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000322
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

  • School District Name: Monomoy Regional School District
  • School Tax School District: MONOMOY RGNL SD
  • Census Tract: 010700

Zoning

  • Zoning: R20

Geography

  • Account Number: 5964
  • Parcel: CHAT M:06E B:0003 L:A9
  • Block: 3
  • Lot: A9
  • Municipality: CHATHAM
  • Latitude: 41.6846
  • Longitude: -70.0091

    Address

  • Full Address: 2078 Main St
  • Address - House Number: 2078
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chatham
  • Zip Code: 02633

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $265,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,100
  • Assessed Land Value: $334,300
  • Assessed Improvements Value: $409,800

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27106
  • Previous Sale Recording Date: Jun 07, 1982
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Barnstable

Stats & Trends

Median Asking:

$765,000

Sale Price/ft²

$500

Above Asking

0.31%

Average Days on Market

63

Average Home Size

2265 ft²

Average Home Age

55.6 years

Currently For Sale

924 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# 73105534

Frequently Asked Questions

When was property at 2078 Main Street built and last sold?
The property at 2078 Main Street was built in 1982 and last sold on Jul 10, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 2078 Main Street is $760,650.
What are some comparable homes to 2078 Main Street?
There are currently no comparable homes to 2078 Main Street.
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