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Monument Beach 02532
262 County Rd
$650,000
● House - Off Market

262 County Rd

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,852 Ft²
$3,689
Est. Monthly

About This Property

Offering 5.88 acres of private wooded land with a single-family residence and large attached barn. It is close to Monument Beach Marina, Grey Gables Market, Brookside Golf Course and the Cape Cod Canal. It is rare that such a large private parcel of land becomes available in this coveted area of Bourne. Build your dream house here! Plenty of room for a pool or tennis court. Imagine the possibilities! The property is being sold strictly ''as is''. The house is in need of major renovations. Buyer to verify all details.
Unit Size
2,852 Ft²
Days on Market
-
Land Size
5.88 acres
Price per sqft
$228
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1976

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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: 4 months ago (MLSPIN #73136410)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold
Premium
Sold
Oct 1, 2023 In contract -
In contract
Jul 14, 2023 Listed by Sotheby's International Realty $649,000
Listed by Sotheby's International Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • 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: 256,133
  • Total Building Area: 2,852
  • Gross Building Area: 6,740
  • Building Area: 2,852
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,852
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005880
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 6766
  • Parcel: BOUR M:31.1 P:28
  • Municipality: BOURNE
  • Latitude: 41.7244
  • Longitude: -70.6028

    Address

  • Full Address: 262 County Rd
  • Address - House Number: 262
  • Address - Street Name: County
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R005
  • 4-Digit Zip Code: 3716
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,500

    Appraisal Valuation

  • Standard Deviation: 0.0748
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 95
  • Final Value: 615,625
  • High Value: 662,034
  • Low Value: 569,216

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $772,400
  • Assessed Land Value: $282,400
  • Assessed Improvements Value: $490,000

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2267
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 Monument Beach

Stats & Trends

Median Asking:

$627,250

Sale Price/ft²

$359

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1994 ft²

Average Home Age

31.2 years

Currently For Sale

15 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: 4 months ago
Data Source: MLS PIN, MLS# 73136410

Frequently Asked Questions

When was property at 262 County Road built and last sold?
The property at 262 County Road was built in 1976 and last sold on Jan 18, 2024 for $650,000.
How much is this home worth?
The estimated value of the home located at 262 County Road is $674,817.
What are some comparable homes to 262 County Road?
There are currently no comparable homes to 262 County Road.
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