1
Map
$149,900
●
Condo -
Off Market
262 Main #2
Bourne, MA 02532
2 Beds
1 Bath
937 Ft²
$990
Est. Monthly
$253
HOA / Fees
18.65%
Cap Rate
About This Property
Waterfront on small scenic wildlife pond. Enjoy views from this
charming first floor condo with French doors that open to private
fieldstone patio. Fully applianced kitchen opens to fireplaced
living room w/ gleaming hardwood floors. Unique property w/ great
location close to Cape Cod Canal for walking, bike, roller blading,
beaches,shops,entertainment & highways. Short Sale,3rd party
approval is required for price & compensation.
Unit Size
937 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
Condo
Property Taxes
-
HOA Dues
$253
Year Built
1920
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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: 3 months ago (MLSPIN #71189426)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2019 | Sold | ||
| Sold | |||
| Feb 17, 2011 | Listed by Century 21 Bourne Landing | $149,900 | |
| Listed by Century 21 Bourne Landing | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Off Street
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Hardwood
Door Features: French Doors, Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 937
Year Built Source: Public Records
Year Built: 2000
Waterfront Features: Waterfront, Pond
Building Name: Hidden Pond
Building Area Total: 937
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Size Units: Acres
Tax Lot: 116.2R
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 20.3
Tax Assessed Value: $229,600
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure, Snow Removal
HOA Fee: $253
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 |
|---|---|---|---|---|---|---|---|
|
02/20/2025
|
2 Bed
|
1 Bath
|
763 ft²
|
$350,000
2 Bed
1 Bath
763 ft²
|
$339,000
-3.14%
04/30/2025
|
Kate Greene
Cape Landing Real Estate
| |
|
03/11/2024
|
1 Bed
|
1 Bath
|
354 ft²
|
$250,000
1 Bed
1 Bath
354 ft²
|
-
-
|
Dillan Hoyt
Greer Real Estate, LLC
| |
|
02/19/2020
|
2 Bed
|
1 Bath
|
763 ft²
|
$237,500
2 Bed
1 Bath
763 ft²
|
-
-
|
-
| |
|
10/21/2019
|
2 Bed
|
1 Bath
|
937 ft²
|
$239,900
2 Bed
1 Bath
937 ft²
|
$229,999
-4.13%
12/23/2019
|
Janet Maxim
Cape Landing Real Estate
| |
|
06/21/2017
|
2 Bed
|
1 Bath
|
763 ft²
|
$180,000
2 Bed
1 Bath
763 ft²
|
$177,000
-1.67%
10/27/2017
|
Michele Costa
VanderZicht Real Estate, Inc.
| |
|
02/17/2011
|
2 Bed
|
1 Bath
|
937 ft²
|
$149,900
2 Bed
1 Bath
937 ft²
|
-
-
|
Janet Maxim
Cape Landing Real Estate
| |
|
11/15/2004
|
2 Bed
|
1 Bath
|
800 ft²
|
$248,500
2 Bed
1 Bath
800 ft²
|
$220,000
-11.47%
02/05/2005
|
Janet Maxim
Cape Landing Real Estate
| |
|
11/15/2004
|
1 Bed
|
1 Bath
|
435 ft²
|
$187,000
1 Bed
1 Bath
435 ft²
|
$187,000
05/16/2005
|
Michael Rotman
Coldwell Banker Realty - Plymouth
| |
|
05/11/2004
|
1 Bed
|
1 Bath
|
800 ft²
|
$239,500
1 Bed
1 Bath
800 ft²
|
$200,000
-16.49%
11/23/2004
|
Janet Maxim
Cape Landing Real Estate
| |
|
08/13/2002
| |
4 Bed
|
-
|
999 ft²
|
$369,500
4 Bed
-
999 ft²
|
$307,500
-16.78%
02/14/2003
|
Leonard Estabrooks
Leonard Estabrooks
|
Building Info
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