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Barnstable Town 02655
253 Tower Hill Rd
$350,500
● House - Off Market

253 Tower Hill Rd

Barnstable, MA 02655
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,062 Ft²
$533,960
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Rare opportunity to own this stunning waterfront parcel on Sam's Pond. A very charming 2 bedroom, year-round cottage that sits at water's edge. Cottage is in move-in condition, if you enjoy a casual lifestyle. New 2-bedroom Title V (2014), new hot water heater! Massive brick fireplace for cold winter nights! Just minutes to the heart of Osterville Village Center and Dowses Beach! Super investment! Own a precious piece of Cape Cod! $45,000 below assessed value for quick sale!
Unit Size
1,062 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$372
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1950

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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 #72660995)

Price History

Date / Event Date Event Price
Sep 28, 2020 Sold
Premium
Sold
May 22, 2020 Listed by Margo & Company $395,000
Listed by Margo & Company
Oct 23, 2019 No longer available -
No longer available
Sep 7, 2019 Price Decreased $399,900
↓ $100 (0%)
Price Decreased
Jul 29, 2019 Price Decreased $400,000
↓ $50K (11.1%)
Price Decreased
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 13,068
  • Total Building Area: 1,140
  • Gross Building Area: 1,632
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstable School District
  • Census Tract: 013002

Zoning

  • Zoning: R

Geography

  • Account Number: 60640
  • Parcel: OSTE M:118 L:093
  • Lot: 93
  • Municipality: OSTERVILLE
  • Latitude: 41.6344
  • Longitude: -70.3833

    Address

  • Full Address: 253 Tower Hill Rd
  • Address - House Number: 253
  • Address - Street Name: Tower Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Osterville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1622
  • Zip Code: 02655

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,300

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 849,737
  • High Value: 1,048,720
  • Low Value: 650,754

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,900
  • Assessed Land Value: $459,400
  • Assessed Improvements Value: $255,500

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51585
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 Town

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$476

Above Asking

2.07%

Average Days on Market

64

Average Home Size

2688 ft²

Average Home Age

60.4 years

Currently For Sale

161 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# 72660995

Frequently Asked Questions

When was property at 253 Tower Hill Road built and last sold?
The property at 253 Tower Hill Road was built in 1950 and last sold on Sep 23, 2020 for $350,500.
How much is this home worth?
The estimated value of the home located at 253 Tower Hill Road is $403,686.
What are some comparable homes to 253 Tower Hill Road?
There are currently no comparable homes to 253 Tower Hill Road.
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