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Teaticket 02536
22 Chestnut St
$297,500
● House - Off Market

22 Chestnut St

Falmouth, MA 02536
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$474,849
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Maravista!! This is a fabulous opportunity at an affordable price. 3 Bedroom ranch on a beautiful level wooded lot. Step into the bright and freshly painted living room with lovely hardwood floors and a wood burning fireplace. Upgrades include newer gas heating and hot water and newer electric panel. Great future potential with stairway to attic. Full basement has both bulkhead and interior access.  There's also a partially finished room with loads of potential for future usable space. There's also a utility area with a laundry hook up. This home is not in a flood zone and lenders should not require flood insurance.  This has a fabulous yard and a great location in town, close to shopping and beaches. House has efficient gas heating and hot water.  Don't wait!!!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$308
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72394420)

Price History

Date / Event Date Event Price
Apr 18, 2019 Sold
Premium
Sold
Sep 12, 2018 Listed by William Raveis R.E. & Home Services $320,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,040
  • Gross Building Area: 3,120
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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 39A S:34 P:000 L:131
  • Lot: 131
  • Municipality: FALMOUTH
  • Latitude: 41.562
  • Longitude: -70.5915

    Address

  • Full Address: 22 Chestnut St
  • Address - House Number: 22
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Teaticket
  • Carrier Code: C001
  • 4-Digit Zip Code: 6703
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,600

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 577,031
  • High Value: 691,622
  • Low Value: 462,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,100
  • Assessed Land Value: $152,200
  • Assessed Improvements Value: $212,900

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1368217
  • Previous Sale Recording Date: Aug 09, 2012
  • 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 Teaticket

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1471 ft²

Average Home Age

55.3 years

Currently For Sale

7 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# 72394420

Frequently Asked Questions

When was property at 22 Chestnut Street built and last sold?
The property at 22 Chestnut Street was built in 1963 and last sold on Apr 9, 2019 for $297,500.
How much is this home worth?
The estimated value of the home located at 22 Chestnut Street is $335,434.
What are some comparable homes to 22 Chestnut Street?
There are currently no comparable homes to 22 Chestnut Street.
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