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Barnstable 02532
3 Chapin Lane
$620,000
● House - Off Market

3 Chapin Lane

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,455 Ft²
$613,749
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Sprawling one level ranch with in-law.  Minutes to highway yet privately set in a neighborhood.  Main house has 2 bedrooms & 2 full baths.  All new hardwood floors.  New kitchen open to living room with fireplace and sliders to backyard deck.  Two remodeled full baths.  Master bedroom with fireplace and bath.  In-law has 1 bedroom & 1.5 baths.  New kitchen open to living room.  Dining room or den down the hall that leads to bedroom.  Large bedroom with full bath, walk in shower & walk in closet.  Both sides have new heat and central air.  Nicely set back off the road.  Private back yard.  Vinyl siding.  Ramp on side leads to in-law side.  Freshly painted.  Shed.  Nothing to do but move in and enjoy!
Unit Size
2,455 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$244
Property Type
House
Property Taxes
$468
HOA Dues
$18
Year Built
1998

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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 #72957795)

Price History

Date / Event Date Event Price
Jul 19, 2022 Sold
Premium
Sold
Mar 25, 2022 Listed by Belsito & Associates Inc. $599,900
Listed by Belsito & Associates Inc.
Jun 17, 2019 Sold
Premium
Sold
Jul 30, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,249
  • Total Building Area: 2,455
  • Gross Building Area: 4,390
  • Building Area: 2,455
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,455
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013800

Zoning

  • Zoning: R-80

Geography

  • Account Number: 14416
  • Parcel: BOUR M:3.0 P:211
  • Municipality: BOURNE
  • Latitude: 41.7938
  • Longitude: -70.5534

    Address

  • Full Address: 3 Chapin Ln
  • Address - House Number: 3
  • Address - Street Name: Chapin
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R006
  • 4-Digit Zip Code: 2391
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $644,400

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 866,571
  • High Value: 1,049,316
  • Low Value: 683,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $803,500
  • Assessed Land Value: $195,100
  • Assessed Improvements Value: $608,400

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36473
  • Previous Sale Recording Date: Jun 17, 2019
  • Previous Sale Contract Date: Jun 07, 2019
  • Previous Sale Amount: $355,300
  • Previous Sale Document Type: 34
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

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$497

Above Asking

0.31%

Average Days on Market

62

Average Home Size

2284 ft²

Average Home Age

55.4 years

Currently For Sale

900 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# 72957795

Frequently Asked Questions

When was property at 3 Chapin Lane built and last sold?
The property at 3 Chapin Lane was built in 1998 and last sold on Jul 19, 2022 for $620,000.
How much is this home worth?
The estimated value of the home located at 3 Chapin Lane is $594,281.
What are some comparable homes to 3 Chapin Lane?
There are currently no comparable homes to 3 Chapin Lane.
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