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Barnstable Town 02635
28 Pine Road
$352,000
● Land - Off Market

28 Pine Road

Barnstable, MA 02635
bedrooms
Studio
bathrooms
0 Bath
$478,189
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Wow, Seller is willing to take back financing on land only with 10% down. Location! Location! Location! Fantastic opportunity to bulid your dream home! Building permit in hand for a 3 bedroom home located in the heart of Cotuit Village. Foundation already in place. This is one of the last buildable lots left in the Village. Walk to all Village activities, Loop Beach, Cotuit Kettleers Ball Park, Cotuit Highgrounds Golf course, Village Market and Kettle Ho Restaurant. House and septic plans in hand. They don't make this stuff anymore!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
1975

Payment Calculator

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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 years ago (MLSPIN #72999737)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Apr 4, 2023 In contract -
In contract
Sep 27, 2022 Price Decreased $470,000
↓ $125K (21%)
Price Decreased
Sep 27, 2022 Price Increased $595,000
↑ $125K (26.6%)
Price Increased
Sep 24, 2022 Price Decreased $470,000
↓ $125K (21%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 87,120
  • Total Building Area: 2,162
  • Gross Building Area: 4,852
  • Building Area: 2,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,162
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstable School District
  • Census Tract: 013200

Zoning

  • Zoning: 1

Geography

  • Account Number: 5238
  • Parcel: COTU M:018 L:057
  • Lot: 57
  • Municipality: COTUIT
  • Latitude: 41.6094
  • Longitude: -70.4412

    Address

  • Full Address: 28 Pine Ridge Rd
  • Address - House Number: 28
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Cotuit
  • Zip Code: 02635

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $851,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 1,157,120
  • High Value: 1,412,615
  • Low Value: 901,625

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,080,500
  • Assessed Land Value: $419,400
  • Assessed Improvements Value: $661,100

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1310
  • Previous Sale Recording Date: Nov 16, 2017
  • Previous Sale Document Type: 27
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:

$729,000

Sale Price/ft²

$476

Above Asking

2.07%

Average Days on Market

64

Average Home Size

2749 ft²

Average Home Age

60.1 years

Currently For Sale

165 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 years ago
Data Source: MLS PIN, MLS# 72999737

Frequently Asked Questions

When was property at 28 Pine Ridge Road built and last sold?
The property at 28 Pine Ridge Road was built in 1975 and last sold on Jan 10, 2022 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 28 Pine Ridge Road is $474,700.
What are some comparable homes to 28 Pine Ridge Road?
There are currently no comparable homes to 28 Pine Ridge Road.
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