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Bourne 02532
37 Presidents Rd. Gray Gables
$365,000
● House - Off Market

37 Presidents Rd. Gray Gables

Bourne, MA 02532
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,470 Ft²
$575,303
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Gray Gables Ranch is Picture Perfect!! and a very short walk to the Cape Cod Canal Fishing Beach, Gray Gables Beach, and the Mashnee Dike Beach. This very attractive home has been carefully maintained and improved over the owners' 20+ years of prideful ownership. Newer roof, windows, siding, kitchen, bath, furnace, water heater. The garage was finished into a lovely Cathedral-ceilinged family room, and the breezeway became the dining room, leading to a private patio. Some very beautiful and lush plantings, including cherry and dogwood trees surround this warm and comfortable home - the perfect getaway - at any time of year - or enjoy year-round!
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$245
Property Type
House
Property Taxes
$256
HOA Dues
$75
Year Built
1949

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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 #72170493)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
May 24, 2017 Listed by Kinlin Grover Real Estate $359,900
Listed by Kinlin Grover Real Estate
Sep 15, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,024
  • Total Building Area: 1,470
  • Gross Building Area: 2,190
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000299
  • 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: 5327
  • Parcel: BOUR M:26.1 P:100
  • Municipality: BOURNE
  • Latitude: 41.7351
  • Longitude: -70.6165

    Address

  • Full Address: 37 Presidents Rd
  • Address - House Number: 37
  • Address - Street Name: Presidents
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 3568
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,100

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 631,947
  • High Value: 774,002
  • Low Value: 489,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,200
  • Assessed Land Value: $235,000
  • Assessed Improvements Value: $326,200

    Sales

  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35333
  • Previous Sale Recording Date: Sep 15, 1995
  • Previous Sale Amount: $95,500
  • 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 Bourne

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$454

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2379 ft²

Average Home Age

58.8 years

Currently For Sale

5 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# 72170493

Frequently Asked Questions

When was property at 37 Presidents Road built and last sold?
The property at 37 Presidents Road was built in 1949 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 37 Presidents Road is $368,234.
What are some comparable homes to 37 Presidents Road?
There are currently no comparable homes to 37 Presidents Road.
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