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Buzzards Bay 02532
32 Lafayette
$399,900
● House - Off Market

32 Lafayette

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
1 Bath
square feet
842 Ft²
$400,570
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Buzzards Bay Ranch  Beach! Village restaurants & shopping! Canal fishing, biking and walking! Marina! Enjoy it all this summer.  Vinyl siding and metal roof  minimize maintenance to this small but mighty ranch featuring a 3 season sunporch, fireplaced living room, hardwood floors, updated bath, full basement and a great backyard for summer gatherings.
Unit Size
842 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$475
Property Type
House
Property Taxes
$194
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: 4 months ago (MLSPIN #73114334)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
May 24, 2023 In contract -
In contract
May 19, 2023 Listed by Upper Cape Realty Corp. $399,900
Listed by Upper Cape Realty Corp.
Feb 12, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 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: 7,362
  • Total Building Area: 842
  • Gross Building Area: 1,836
  • Building Area: 842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 842
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 3637
  • Parcel: BOUR M:19.4 P:16
  • Municipality: BOURNE
  • Latitude: 41.7486
  • Longitude: -70.6162

    Address

  • Full Address: 32 Lafayette Ave
  • Address - House Number: 32
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C006
  • 4-Digit Zip Code: 3147
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $265,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 55
  • Final Value: 355,204
  • High Value: 434,047
  • Low Value: 276,360

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,400
  • Assessed Land Value: $165,200
  • Assessed Improvements Value: $166,200

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24056
  • Previous Sale Recording Date: Feb 12, 2019
  • Previous Sale Contract Date: Feb 12, 2019
  • Previous Sale Amount: $580,000
  • 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 Buzzards Bay

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

75

Average Home Size

1493 ft²

Average Home Age

31.6 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# 73114334

Frequently Asked Questions

When was property at 32 Lafayette Avenue built and last sold?
The property at 32 Lafayette Avenue was built in 1955 and last sold on Jun 15, 2023 for $399,900.
How much is this home worth?
The estimated value of the home located at 32 Lafayette Avenue is $405,039.
What are some comparable homes to 32 Lafayette Avenue?
There are currently no comparable homes to 32 Lafayette Avenue.
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