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Monument Beach 02532
3 Lancaster Ln
$391,850
● House - Off Market

3 Lancaster Ln

Bourne, MA 02532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,250 Ft²
$906,724
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Young 4 bedroom Colonial with fantastic layout! Enjoy first floor laundry, family room or office w/ closet (great if one day you need that 1st floor bedroom), wood floors, natural gas heat, mud room, large living room with gas fireplace and surround sound. Oversized kitchen with custom maple cabinets and a pantry! Formal dining room if you like, or maybe a TV room or family room. Great size bedrooms and the master has a full bath and walk in closet. Ceiling fans in almost every room. 2x6 framing
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$187
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
2001

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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 #71364896)

Price History

Date / Event Date Event Price
Nov 30, 2012 Sold
Premium
Sold
Apr 9, 2012 Listed by A Cape House.Com $419,900
Listed by A Cape House.Com
Mar 16, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,916
  • Total Building Area: 2,250
  • Gross Building Area: 3,768
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000572
  • 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: 6698
  • Parcel: BOUR M:31.0 P:52
  • Municipality: BOURNE
  • Latitude: 41.7203
  • Longitude: -70.5956

    Address

  • Full Address: 3 Lancaster Ln
  • Address - House Number: 3
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R005
  • 4-Digit Zip Code: 4250
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $513,800

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 776,480
  • High Value: 944,408
  • Low Value: 608,551

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,600
  • Assessed Land Value: $212,000
  • Assessed Improvements Value: $428,600

    Sales

  • Current Sale Recording Date: Nov 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Mar 16, 2001
  • Previous Sale Amount: $86,000
  • 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 Monument Beach

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$362

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1992 ft²

Average Home Age

32.7 years

Currently For Sale

18 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# 71364896

Frequently Asked Questions

When was property at 3 Lancaster Lane built and last sold?
The property at 3 Lancaster Lane was built in 2001 and last sold on Jan 1, 1970 for $391,850.
How much is this home worth?
The estimated value of the home located at 3 Lancaster Lane is $439,475.
What are some comparable homes to 3 Lancaster Lane?
There are currently no comparable homes to 3 Lancaster Lane.
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