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Barnstable Town 02635
31 Cherrywood Lane
$520,000
● House - Off Market

31 Cherrywood Lane

Barnstable, MA 02648
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,080 Ft²
$546,569
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Nice opportunity for one floor living with garage in Marstons Mills. Livable as is, but remodeling to current styles would make this gem really stand out. Built in 1992, the houses sits on over one acre of land, and offers a full basement, gas heat, wood floors in main living areas (Kitchen, living room, dining area and hallway). Private back deck. Passing title 5. Buyers/Agents, please verify all info contained herein. Taxes may vary depending on residency status. Tenant in place -please do not disturb.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$509
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1992

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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 #73142072)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 13, 2023 In contract -
In contract
Jul 28, 2023 Listed by RE/MAX Real Estate Center $550,000
Listed by RE/MAX Real Estate Center
May 13, 1992 Sold
Premium
Sold
Apr 2, 1992 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 46,609
  • Total Building Area: 1,080
  • Gross Building Area: 2,664
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstable School District
  • Census Tract: 013200

Geography

  • Account Number: 421136
  • Parcel: CENT M:041 L:012016
  • Lot: 12016
  • Municipality: CENTERVILLE
  • Latitude: 41.6495
  • Longitude: -70.4313

    Address

  • Full Address: 31 Cherrywood Ln
  • Address - House Number: 31
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marstons Mills
  • Carrier Code: R005
  • 4-Digit Zip Code: 1761
  • Zip Code: 02648

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 549,700
  • High Value: 676,203
  • Low Value: 423,197

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,300
  • Assessed Land Value: $177,300
  • Assessed Improvements Value: $315,000

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38540
  • Previous Sale Recording Date: May 13, 1992
  • Previous Sale Amount: $20,000
  • 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 Barnstable Town

Stats & Trends

Median Asking:

$742,450

Sale Price/ft²

$476

Above Asking

2.09%

Average Days on Market

64

Average Home Size

2679 ft²

Average Home Age

60.8 years

Currently For Sale

167 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: 5 months ago
Data Source: MLS PIN, MLS# 73142072

Frequently Asked Questions

When was property at 31 Cherrywood Lane built and last sold?
The property at 31 Cherrywood Lane was built in 1992 and last sold on Sep 29, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 31 Cherrywood Lane is $553,964.
What are some comparable homes to 31 Cherrywood Lane?
There are currently no comparable homes to 31 Cherrywood Lane.
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