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Bourne 02532
22 Monument Neck Rd
$360,000
● House - Off Market

22 Monument Neck Rd

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,152 Ft²
$530,367
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Location Location. Charming bright and sunny 3 bedroom-2 bath home. Close to everything you could ask for, beaches walking trails, marina, dining out and schools This home features all upgrades within the last 5 years including roof, kitchen cabinets, granite countertops, stainless steel appliances ,bathrooms, hardwoods. The large flat backyard is fenced in with a stone patio and oversized outdoor shower stall. Extended crushed stone driveway fits at least 5 cars. All this, central air and 2 exterior Nest cameras for added security. Just over the Bourne Bridge in Gray Gables, close to 6, 6A, 195 and 495. This is the home you've been waiting for by the beach. Easy to show. Motivated seller. Pets on premises. 24 hour notice for showing.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$324
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #72596015)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Jan 4, 2021 Listed by Prestigious Homes $389,900
Listed by Prestigious Homes
Apr 29, 2020 Sold
Premium
Sold
Nov 25, 2019 Listed by Prestigious Homes $373,000
Listed by Prestigious Homes

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 11,238
  • Total Building Area: 1,152
  • Gross Building Area: 1,920
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 5496
  • Parcel: BOUR M:26.2 P:77
  • Municipality: BOURNE
  • Latitude: 41.7345
  • Longitude: -70.614

    Address

  • Full Address: 22 Monument Neck Rd
  • Address - House Number: 22
  • Address - Street Name: Monument Neck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 4112
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $367,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 566,228
  • High Value: 697,009
  • Low Value: 435,446

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,500
  • Assessed Land Value: $197,000
  • Assessed Improvements Value: $261,500

    Sales

  • Current Sale Contract Date: Jan 21, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6884
  • Previous Sale Recording Date: Apr 29, 2020
  • Previous Sale Contract Date: Apr 17, 2020
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: O
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 Bourne

Stats & Trends

Median Asking:

$774,550

Sale Price/ft²

$461

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1773 ft²

Average Home Age

51.8 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 72596015

Frequently Asked Questions

When was property at 22 Monument Neck Road built and last sold?
The property at 22 Monument Neck Road was built in 1960 and last sold on Jan 21, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 22 Monument Neck Road is $396,001.
What are some comparable homes to 22 Monument Neck Road?
There are currently no comparable homes to 22 Monument Neck Road.
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