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Bristol
31 Ocean Ave
$240,000
● House - Off Market

31 Ocean Ave

Fairhaven, MA 02719
bedrooms
2 Beds
bathrooms
1 Bath
square feet
600 Ft²
$289,476
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Location, Location, Location...  Short Walk to the boat ramp and beach access at the end of Ocean Avenue. .  Quaint Sconticut Neck area with easy access to all amenities, and conveniences. This 1955 ranch boasts a private rear yard for summer cookouts, RV or boat trailer storage  a  single car detached garage with  paved driveway .Easy exterior maintenance with vinyl siding and replacement windows.    This is an estate sale  just waiting for a new buyer to make it their own.
Unit Size
600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$425
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #72880461)

Price History

Date / Event Date Event Price
Sep 21, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by Central Mass Realty $255,000
Listed by Central Mass Realty
Nov 18, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 600
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 600
  • Gross Building Area: 1,264
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN VIEW
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fairhaven School District
  • School Tax School District: FAIRHAVEN SD
  • Census Tract: 655400

Zoning

  • Zoning: RR

Geography

  • Parcel: FAIR M:00029C L:00329 S:
  • Lot: 329
  • Municipality: FAIRHAVEN
  • Latitude: 41.6186
  • Longitude: -70.8611

    Address

  • Full Address: 31 Ocean Ave
  • Address - House Number: 31
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fairhaven
  • Carrier Code: C011
  • 4-Digit Zip Code: 2305
  • Zip Code: 02719

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $251,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 310,185
  • High Value: 372,764
  • Low Value: 247,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,500
  • Assessed Land Value: $182,100
  • Assessed Improvements Value: $90,400

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28162
  • Previous Sale Recording Date: Nov 18, 1993
  • Previous Sale Amount: $84,000
  • 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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2289 ft²

Average Home Age

71.1 years

Currently For Sale

1138 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 years ago
Data Source: MLS PIN, MLS# 72880461

Frequently Asked Questions

When was property at 31 Ocean Avenue built and last sold?
The property at 31 Ocean Avenue was built in 1955 and last sold on Sep 21, 2021 for $240,000.
How much is this home worth?
The estimated value of the home located at 31 Ocean Avenue is $0.
What are some comparable homes to 31 Ocean Avenue?
There are currently no comparable homes to 31 Ocean Avenue.
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