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Monument Beach 02532
31 Thom Ave
$429,000
● House - Off Market

31 Thom Ave

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$448,248
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Wonderful home freshly painted with new floors ready for you to put your own touches on it. Located in the Monument Beach area, this Cape is within a mile of Beach and Village. First level has living room, open kitchen, bedroom, den and full bath. Upstairs has two more bedrooms and a large dormer space for a new bathroom. Basement is a full basement that can be used for storage or ready to be finished as extra space if you need it. Passing 3 bedroom Title V in hand, adorable shed for yard tools and plenty of room for a garage or addition in the future. Seller has never lived in the home, selling it ''as is''. Come build the equity you are looking for in your new Cape home!Agent Remarks: Seller has never lived in the house, being sold ''as is''.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$372
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1978

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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 #73076466)

Price History

Date / Event Date Event Price
Feb 28, 2023 Sold
Premium
Sold
Feb 9, 2023 In contract -
In contract
Feb 5, 2023 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $429,000
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
Jan 16, 2014 Sold
Premium
Sold
Oct 20, 2013 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $247,000
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 1,152
  • Gross Building Area: 1,952
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: 7413
  • Parcel: BOUR M:35.1 P:1
  • Municipality: BOURNE
  • Latitude: 41.7157
  • Longitude: -70.6043

    Address

  • Full Address: 31 Thom Ave
  • Address - House Number: 31
  • Address - Street Name: Thom
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C004
  • 4-Digit Zip Code: 4225
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $320,200

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 492,714
  • High Value: 603,472
  • Low Value: 381,957

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,300
  • Assessed Land Value: $178,600
  • Assessed Improvements Value: $220,700

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7871
  • Previous Sale Recording Date: Jan 16, 2014
  • Previous Sale Amount: $247,000
  • 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 Monument Beach

Stats & Trends

Median Asking:

$627,250

Sale Price/ft²

$359

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1994 ft²

Average Home Age

31.2 years

Currently For Sale

15 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# 73076466

Frequently Asked Questions

When was property at 31 Thom Avenue built and last sold?
The property at 31 Thom Avenue was built in 1978 and last sold on Feb 22, 2023 for $429,000.
How much is this home worth?
The estimated value of the home located at 31 Thom Avenue is $425,364.
What are some comparable homes to 31 Thom Avenue?
There are currently no comparable homes to 31 Thom Avenue.
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