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Pocasset 02559
38 Massasoit Ave
$365,000
● House - Off Market

38 Massasoit Ave

Bourne, MA 02559
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,429 Ft²
$547,758
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Welcome to Cape Cod....Back on Market! Enjoy the fresh air smell and ocean breeze in this lovely home. Sit on the large, covered front porch and have a cup of coffee or enjoy the beautiful sunsets. This house is located on a corner lot on a quiet dead end street with stunning water views from almost every room. Make this spacious 4 bedroom colonial your own, like the current owners have for the past 30 years. Stand on the beach looking over at Bassetts Island. Close to the Cape Cod Canal, Bourne Bridge and many amenities. The roof, electrical and plumbing have been updated all with in the past 5 years. Welcome home!
Unit Size
1,429 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$280
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1925

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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 #72619930)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Feb 11, 2020 Listed by Jack Conway - Conway On The Bay $399,900
Listed by Jack Conway - Conway On The Bay

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 8,886
  • Total Building Area: 1,429
  • Gross Building Area: 1,769
  • Building Area: 1,429
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 015002

Zoning

  • Zoning: R40

Geography

  • Account Number: 9374
  • Parcel: BOUR M:43.3 P:84
  • Municipality: BOURNE
  • Latitude: 41.6862
  • Longitude: -70.6277

    Address

  • Full Address: 38 Massasoit Ave
  • Address - House Number: 38
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Mashpee
  • Carrier Code: R003
  • 4-Digit Zip Code: 4481
  • Zip Code: 02649

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 634,243
  • High Value: 780,974
  • Low Value: 487,511

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,200
  • Assessed Land Value: $377,100
  • Assessed Improvements Value: $202,100

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43069
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 Pocasset

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$535

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2317 ft²

Average Home Age

58.6 years

Currently For Sale

14 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# 72619930

Frequently Asked Questions

When was property at 38 Massasoit Avenue built and last sold?
The property at 38 Massasoit Avenue was built in 1925 and last sold on Aug 20, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 38 Massasoit Avenue is $413,599.
What are some comparable homes to 38 Massasoit Avenue?
There are currently no comparable homes to 38 Massasoit Avenue.
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