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Barnstable Town 02601
298 Bishops Ter
$540,000
● House - Off Market

298 Bishops Ter

Barnstable, MA 02601
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,907 Ft²
$502,885
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Opening the door to this home with its large foyer, immediately welcomes you to 298 Bishops Terrace!!  With close to 2000 square feet, this home has space for everyone!!  The current family has been stewards of this home for over forty five years.  With three large bedrooms, two full baths, formal living and dining room, there are endless possibilities on how to create your space for your own memories!!!  This home offers the best the Mid Cape area has!!  Close proximity to shopping, beaches and restaurants, you will never become tired of the location!!   With almost half an acre, there is plenty of living to be done outside as well!!
Unit Size
1,907 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$262
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1972

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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 #72946971)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by Keller Williams Realty $499,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 20,473
  • Total Building Area: 1,907
  • Gross Building Area: 3,972
  • Building Area: 1,907
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,907
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstable School District
  • Census Tract: 012601

Zoning

  • Zoning: 1

Geography

  • Account Number: 162521
  • Parcel: HYAN M:251 L:165
  • Lot: 165
  • Municipality: HYANNIS
  • Latitude: 41.6649
  • Longitude: -70.3203

    Address

  • Full Address: 298 Bishops Ter
  • Address - House Number: 298
  • Address - Street Name: Bishops
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Hyannis
  • Carrier Code: C008
  • 4-Digit Zip Code: 2108
  • Zip Code: 02601

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,700

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 665,212
  • High Value: 804,615
  • Low Value: 525,809

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,300
  • Assessed Land Value: $156,200
  • Assessed Improvements Value: $408,100

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1458893
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:

$744,900

Sale Price/ft²

$476

Above Asking

2.07%

Average Days on Market

64

Average Home Size

2701 ft²

Average Home Age

61 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72946971

Frequently Asked Questions

When was property at 298 Bishops Terrace built and last sold?
The property at 298 Bishops Terrace was built in 1972 and last sold on May 12, 2022 for $540,000.
How much is this home worth?
The estimated value of the home located at 298 Bishops Terrace is $533,243.
What are some comparable homes to 298 Bishops Terrace?
There are currently no comparable homes to 298 Bishops Terrace.
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