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Ocean Bluff-Brant Rock 02050
38 Johnson Terrace
$240,000
● House - Off Market

38 Johnson Terrace

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
584 Ft²
$397,536
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Have you been waiting for the right opportunity to own near the Beach? Be in for summer! Make memories or make money with rental income (as per neighbor's similar home upwards of 1,500 per wk summer!) It's a short walk to the Ocean from this Turn Key 2 bedroom 1 Bath Bright and Open concept Ranch complete with extra Sleeping Loft!  A sweet 20 x14 Deck for entertaining and relaxing, and an Outdoor Shower to wash the sand away at the days end. Bluestone Patio for additional gathering spot and  Fenced in yard, Large shed for storage and dead end street! Seller has ordered a New French Slider, and Front Window!
Unit Size
584 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$402
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1954

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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 #72011117)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
May 24, 2016 Listed by Betsy Hines REALTORS®, LLC $235,000
Listed by Betsy Hines REALTORS®, LLC
Aug 13, 2004 Sold
Premium
Sold
Oct 25, 1996 Sold
Premium
Sold
Apr 9, 1996 Listed $90,000
Listed
HOT WATER AND KITCHEN RANGE ARE FROM PROPANE TANK. OAK CABINETS IN KIT. RANGE ONLY NO OVEN. NEEDS TLC. BRING ALL OFFERS!!! MUST BE SOLD.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • 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: 5,000
  • Total Building Area: 584
  • Gross Building Area: 864
  • Building Area: 584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marshfield School District
  • School Tax School District: MARSHFIELD SD
  • Census Tract: 506206

Zoning

  • Zoning: R-3

Geography

  • Parcel: MARS M:0L09 B:0008 L:0004
  • Block: 8
  • Lot: 4
  • Municipality: MARSHFIELD
  • Latitude: 42.099
  • Longitude: -70.661

    Address

  • Full Address: 38 Johnson Ter
  • Address - House Number: 38
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 3604
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $414,100

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 431,018
  • High Value: 518,393
  • Low Value: 343,643

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,600
  • Assessed Land Value: $297,800
  • Assessed Improvements Value: $100,800

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60153
  • Previous Sale Recording Date: Aug 13, 2004
  • Previous Sale Amount: $260,000
  • 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 Ocean Bluff-Brant Rock

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$488

Above Asking

0.00%

Average Days on Market

62

Average Home Size

1565 ft²

Average Home Age

89.8 years

Currently For Sale

9 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72011117

Frequently Asked Questions

When was property at 38 Johnson Terrace built and last sold?
The property at 38 Johnson Terrace was built in 1954 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 38 Johnson Terrace is $237,851.
What are some comparable homes to 38 Johnson Terrace?
There are currently no comparable homes to 38 Johnson Terrace.
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