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Barnstable Town 02632
32 Rainbow Drive
$540,000
● House - Off Market

32 Rainbow Drive

Barnstable, MA 02632
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,181 Ft²
$743,353
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

This South side Cape is set on a quiet road with plenty of privacy.  You'll fall in love with the new custom kitchen with granite counters, stainless steel appliances and plenty of room for family and friends to gather. The living room is full of natural light, high ceilings, warm cherry wood floors and a wood burning fireplace.  Check out the first floor master bedroom with newly remodeled bath and another super large bedroom on the first floor with an adjacent full bath.  Upstairs you'll find a spacious bedroom, full bath and home office.  The lower level offers additional space with a full service laundry room and family room.  The level yard is complimented by a wood deck, manicured grounds and an oversized shed.  Just minutes to the 1856 Country Store, Village Library, Four Seas Ice cream and Craigville Beach!
Unit Size
2,181 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1985

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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 #72642121)

Price History

Date / Event Date Event Price
Sep 15, 2020 Sold
Premium
Sold
Apr 8, 2020 Listed by Sotheby's International Realty $549,900
Listed by Sotheby's International Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 17,860
  • Total Building Area: 2,181
  • Gross Building Area: 5,519
  • Building Area: 2,181
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,181
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstable School District
  • Census Tract: 012700

Zoning

  • Zoning: RD-1;R

Geography

  • Account Number: 325678
  • Parcel: CENT M:188 L:173
  • Lot: 173
  • Municipality: CENTERVILLE
  • Latitude: 41.6508
  • Longitude: -70.3587

    Address

  • Full Address: 32 Rainbow Dr
  • Address - House Number: 32
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Centerville
  • Carrier Code: C009
  • 4-Digit Zip Code: 3155
  • Zip Code: 02632

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,500

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 859,267
  • High Value: 1,039,134
  • Low Value: 679,399

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,800
  • Assessed Land Value: $262,200
  • Assessed Improvements Value: $492,600

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48404
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:

$729,250

Sale Price/ft²

$476

Above Asking

2.09%

Average Days on Market

64

Average Home Size

2628 ft²

Average Home Age

62.2 years

Currently For Sale

165 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# 72642121

Frequently Asked Questions

When was property at 32 Rainbow Drive built and last sold?
The property at 32 Rainbow Drive was built in 1985 and last sold on Sep 10, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 32 Rainbow Drive is $584,199.
What are some comparable homes to 32 Rainbow Drive?
There are currently no comparable homes to 32 Rainbow Drive.
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