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Bourne 02532
3 Coastal Way
$485,000
● House - Off Market

3 Coastal Way

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,317 Ft²
$749,559
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Great location. Live on Cape Cod with easy access to the Bourne Bridge for a quick commute. This home is on a rare cul-de-sac on the canal. The house is in excellent condition and the property boasts a professionally landscaped yard, a raised bed vegetable garden, a perennial flower garden as well as an irrigation system. A short walk takes you to the Canal Path for walking, biking or fishing. It is an easy walk to a Post Office, schools, church, stores, a commuter bus and medical building. Relax on one of the decks and watch the ships go by.  There is a large walk up attic over the garage for storage and a large shed attached to the garage.
Unit Size
2,317 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$214
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1986

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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 #72335238)

Price History

Date / Event Date Event Price
Aug 13, 2018 Sold
Premium
Sold
May 29, 2018 Listed by New Horizon Realty $495,500
Listed by New Horizon Realty
May 21, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 22,216
  • Total Building Area: 1,876
  • Gross Building Area: 4,964
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 4979
  • Parcel: BOUR M:24.2 P:2 E:2
  • Municipality: BOURNE
  • Latitude: 41.7439
  • Longitude: -70.5943

    Address

  • Full Address: 3 Coastal Way
  • Address - House Number: 3
  • Address - Street Name: Coastal
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C005
  • 4-Digit Zip Code: 3639
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $537,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 783,723
  • High Value: 953,341
  • Low Value: 614,106

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,600
  • Assessed Land Value: $235,700
  • Assessed Improvements Value: $434,900

    Sales

  • Current Sale Recording Date: Aug 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39175
  • Previous Sale Recording Date: May 21, 2002
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Bourne

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$454

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2224 ft²

Average Home Age

50.5 years

Currently For Sale

4 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# 72335238

Frequently Asked Questions

When was property at 3 Coastal Way built and last sold?
The property at 3 Coastal Way was built in 1986 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 3 Coastal Way is $522,399.
What are some comparable homes to 3 Coastal Way?
There are currently no comparable homes to 3 Coastal Way.
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