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Pocasset 02559
29 Spruce Dr
$359,000
● House - Off Market

29 Spruce Dr

Bourne, MA 02559
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,162 Ft²
$613,108
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Walk to Warm Salt Water Private Association Beach from this Darling 2bedroom 1 bath ranch with fire-placed LR,  DR with hardwood in all rooms save kitchen and full bath. Home awaiting new owners! Inviting sun-splashed family room has windows on 3 sides and provides extra room for overflow guests. Well cared for summer home is perfect for year round use as well. BRAND NEW natural Gas heating system sits in spacious, full basement that is adequate for small boat storage (owners store a large canoe) with plenty of room left for off season furniture, work shop, washer and dryer and all that a busy life demands. Kitchen is eat-in and could use some new touches to make it shine again. The 2 bedrooms are good sized and cheery. Home is being sold mostly furnished. Call for your private tour!
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$309
Property Type
House
Property Taxes
$272
HOA Dues
$110
Year Built
1940

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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: 5 months ago (MLSPIN #71971988)

Price History

Date / Event Date Event Price
May 6, 2016 Sold
Premium
Sold
Mar 14, 2016 Listed by Real Estate Associates $359,000
Listed by Real Estate Associates

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 7,187
  • Total Building Area: 1,446
  • Gross Building Area: 2,629
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 10277
  • Parcel: BOUR M:47.2 P:7
  • Municipality: BOURNE
  • Latitude: 41.6824
  • Longitude: -70.6162

    Address

  • Full Address: 29 Seabreeze Dr
  • Address - House Number: 29
  • Address - Street Name: Seabreeze
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Buzzards Bay
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,800

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 716,719
  • High Value: 867,828
  • Low Value: 565,610

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $700,500
  • Assessed Land Value: $362,800
  • Assessed Improvements Value: $337,700

    Sales

  • Current Sale Recording Date: May 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22431
  • Previous Sale Recording Date: Jan 06, 2015
  • 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 Pocasset

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$527

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2277 ft²

Average Home Age

46.2 years

Currently For Sale

13 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71971988

Frequently Asked Questions

When was property at 29 Spruce Drive built and last sold?
The property at 29 Spruce Drive was built in 1940 and last sold on Jan 1, 1970 for $359,000.
How much is this home worth?
The estimated value of the home located at 29 Spruce Drive is $362,954.
What are some comparable homes to 29 Spruce Drive?
There are currently no comparable homes to 29 Spruce Drive.
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