$125,000
●
Commercial -
Off Market
258 Main St #B4
Bourne, MA 02532
Studio
0 Bath
800 Ft²
$237,736
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model
About This Property
First floor office condo of 800 sq ft consisting of four rooms and
two half baths. Additioal 800 sq ft basement with interior access.
Excellent access, good visibility, and lots of parking. Low
fees-$550 covers three months condo fees,water, and sewer.
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
Commercial
Property Taxes
$78
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #70565811)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2007 | Sold | ||
| Sold | |||
| Apr 26, 2007 | Listed by Today Real Estate, Inc. | $138,500 | |
| Listed by Today Real Estate, Inc. | |||
| | |||
|
First floor office condo of 800 sq ft consisting of four rooms and two half baths. Additioal 800 sq ft basement with interior access. Excellent access, good visibility, and lots of parking. Low fees-$550 covers three months condo fees,water, and sewer.
| |||
Property Highlights
Exterior Details
Square Footage: 800
Year Built: 1983
Building Area Total: 800
Building Area Units: Square Feet
Lot Size Units: Acres
Financial Details
Tax Annual Amount: $930
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/22/2024
| |
Loft
|
-
|
800 ft²
|
$99,000
Loft
-
800 ft²
|
$90,000
-9.09%
02/21/2025
|
Kevin Pepe
Commercial Realty Advisors, Inc.
|
|
05/02/2024
|
Loft
|
-
|
1200 ft²
|
$129,900
Loft
-
1200 ft²
|
$100,000
-23.02%
09/24/2024
|
Robert Frangieh
The Realty Cape Cod
| |
|
01/23/2023
|
Loft
|
-
|
-
|
$79,500
Loft
-
|
-
-
|
Charles Lindberg
Regent Real Estate
| |
|
08/18/2022
|
Loft
|
-
|
-
|
$59,000
Loft
-
|
-
-
|
Charles Lindberg
Regent Real Estate
| |
|
10/09/2020
|
Loft
|
-
|
2080 ft²
|
$198,000
Loft
-
2080 ft²
|
-
-
|
Jeffrey Eklund
Commercial Realty Advisors, Inc.
| |
|
02/09/2011
|
Loft
|
2 Bath
|
1552 ft²
|
$69,000
Loft
2 Bath
1552 ft²
|
-
-
|
Jacqueline Connolly
Real Broker MA, LLC
| |
|
04/26/2007
|
Loft
|
-
|
800 ft²
|
$138,500
Loft
-
800 ft²
|
$125,000
-9.75%
06/04/2007
|
Bruce Maikath
Seagrass Realty
| |
|
10/18/2006
| |
Loft
|
1 Bath
|
1600 ft²
|
$145,000
Loft
1 Bath
1600 ft²
|
$135,000
-6.90%
02/01/2007
|
Susan Hurley
Kinlin Grover Compass
|
|
01/25/2006
| |
Loft
|
-
|
800 ft²
|
$134,900
Loft
-
800 ft²
|
$126,500
-6.23%
05/24/2006
|
Janet Maxim
Cape Landing Real Estate
|
|
06/18/2002
| |
Loft
|
-
|
850 ft²
|
$67,000
Loft
-
850 ft²
|
$59,000
-11.94%
09/27/2002
|
Diann Trowbridge
Bridgeway REALTORS®, Inc.
|
|
10/26/2001
| |
Loft
|
-
|
1200 ft²
|
$59,000
Loft
-
1200 ft²
|
$56,500
-4.24%
06/14/2002
|
Daniel Schneider
Raven
|
|
10/02/2000
| |
Loft
|
1 Bath
|
850 ft²
|
$74,900
Loft
1 Bath
850 ft²
|
$70,000
-6.54%
06/15/2001
|
Aimee Neading
Bridgeway REALTORS®, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017