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Barnstable 02534
24 Ocean Avenue
$416,000
● House - Off Market

24 Ocean Avenue

Bourne, MA 02534
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,664 Ft²
$658,323
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Great location in the center of Cataumet Village - leave the car at home and walk ...to the beach, conservation trails, play ground, get your mail and visit the local Arts Center.   This 3-bedroom home is "move-in ready."  Updated kitchen with granite counter tops and bar seating that is shared with the dining room. The living room has a gas fireplace and hardwood floors as do the dining room and den where sliders open onto a deck and the private backyard.  Space galore for outside games and entertaining.   Three bedrooms and full bath on the second floor, all with ceiling fans and ample closet space. Light and bright.  Full basement with interior and exterior access just waiting for a ??? cave.  Enjoyed by current owners for the last 8 years– a must see.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$258
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1985

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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 #72284852)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Nov 17, 2021 No longer available -
No longer available
Nov 12, 2021 Listed by Milbury and Company $749,900
Listed by Milbury and Company
Apr 17, 2018 Sold
Premium
Sold
Feb 22, 2018 Listed by Milbury and Company $429,000
Listed by Milbury and Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 15,290
  • Total Building Area: 1,664
  • Gross Building Area: 2,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 014700

Zoning

  • Zoning: R40

Geography

  • Account Number: 10970
  • Parcel: BOUR M:51.4 P:10
  • Municipality: BOURNE
  • Latitude: 41.6658
  • Longitude: -70.6149

    Address

  • Full Address: 24 Ocean Ave
  • Address - House Number: 24
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: East Falmouth
  • Carrier Code: C004
  • 4-Digit Zip Code: 6945
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $494,000

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 896,379
  • High Value: 1,090,747
  • Low Value: 702,011

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,900
  • Assessed Land Value: $319,800
  • Assessed Improvements Value: $296,100

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82862
  • Previous Sale Recording Date: Apr 17, 2018
  • Previous Sale Amount: $416,000
  • 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 Barnstable

Stats & Trends

Median Asking:

$752,660

Sale Price/ft²

$500

Above Asking

0.31%

Average Days on Market

63

Average Home Size

2281 ft²

Average Home Age

56.2 years

Currently For Sale

933 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: 5 months ago
Data Source: MLS PIN, MLS# 72284852

Frequently Asked Questions

When was property at 24 Ocean Avenue built and last sold?
The property at 24 Ocean Avenue was built in 1985 and last sold on Dec 21, 2021 for $765,000.
How much is this home worth?
The estimated value of the home located at 24 Ocean Avenue is $751,540.
What are some comparable homes to 24 Ocean Avenue?
There are currently no comparable homes to 24 Ocean Avenue.
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