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Plymouth
31 Ocean Ave
$75,000
● Land - Off Market

31 Ocean Ave

Halifax, MA 02338
bedrooms
Studio
bathrooms
0 Bath
$130,720
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Attention Builders/Contractors. Waterfront lot on West Monponsett Lake. Beautiful views, boating and fishing all right outside the door. Burrage Pond Wildlife Management Area is nearby. The original cottage is probably a "tear down", but a previous owners wooden easel still sits in the enclosed porch where scenic paintings were undoubtedly created. Perhaps use the current framework of the cottage for build out.  Town has the property as a two bedroom, one and a half bath. Not a traditional lot (most of the lots on the street are between 2,400 and 3,200 square feet), so the leg work required with town boards is reflected in price. All approvals could be in place for spring construction.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$241
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72743003)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Oct 13, 2021 Listed by Conway - Bridgewater $549,900
Listed by Conway - Bridgewater
May 14, 2021 Sold
Premium
Sold
Oct 14, 2020 Listed by Conway - Bridgewater $109,900
Listed by Conway - Bridgewater
Sep 25, 2013 Sold
Premium
Sold
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Abington School District
  • Census Tract: 526100

Zoning

  • Zoning: RESID

Geography

  • Account Number: 2474
  • Parcel: HALI M:19 P:23
  • Lot: 23
  • Municipality: HALIFAX
  • Latitude: 42.0153
  • Longitude: -70.8477

    Address

  • Full Address: 31 Ocean Ave
  • Address - House Number: 31
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Halifax
  • Carrier Code: R004
  • 4-Digit Zip Code: 1326
  • Zip Code: 02338

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $747,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $518,900
  • Assessed Land Value: $210,900
  • Assessed Improvements Value: $308,000

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138456
  • Previous Sale Recording Date: May 14, 2021
  • Previous Sale Contract Date: May 14, 2021
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: O
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 Plymouth

Stats & Trends

Median Asking:

$656,000

Sale Price/ft²

$371

Above Asking

0.17%

Average Days on Market

59

Average Home Size

2332 ft²

Average Home Age

57.6 years

Currently For Sale

1242 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: 4 months ago
Data Source: MLS PIN, MLS# 72743003

Frequently Asked Questions

When was property at 31 Ocean Avenue built and last sold?
The property at 31 Ocean Avenue was built in 2021 and last sold on Dec 7, 2021 for $530,000.
How much is this home worth?
The estimated value of the home located at 31 Ocean Avenue is $553,457.
What are some comparable homes to 31 Ocean Avenue?
There are currently no comparable homes to 31 Ocean Avenue.
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