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Ocean Bluff-Brant Rock 02050
385 Ocean St
$575,000
● House - Off Market

385 Ocean St

Marshfield, MA 02050
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,871 Ft²
$970,738
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Not in a Flood Zone!  This waterfront treasure has been enjoyed by the same family for over 60 years. Overlooking the majestic Atlantic, enjoy the sites and sounds of the beautiful ocean day and night! Relax on the wrap around porch of this much admired grande dame of Marshfield! The home has many windows, period charm, high ceilings and features 5 bedrooms, 2 and 1/2 baths, garage with studio above. Close to stores and restaurants so you can leave your car at home!! Gas heat, gas cooking, 200 amp electric service, newer roof and cozy living room with gas fireplace are some of the recent improvements.  There's still room for your decorative touches and improvements! A perfect year round or summer get-a-way... you decide! This dream of many can now be your own new reality!
Unit Size
1,871 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$307
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
1888

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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: 6 months ago (MLSPIN #71994717)

Price History

Date / Event Date Event Price
Sep 15, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $575,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,871
  • Gross Building Area: 3,445
  • Building Area: 1,871
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,871
  • 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:0M08 B:0028 L:0002
  • Block: 28
  • Lot: 2
  • Municipality: MARSHFIELD
  • Latitude: 42.0943
  • Longitude: -70.6477

    Address

  • Full Address: 385 Ocean St
  • Address - House Number: 385
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 5215
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $909,400

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 929,205
  • High Value: 1,141,509
  • Low Value: 716,901

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $875,300
  • Assessed Land Value: $550,900
  • Assessed Improvements Value: $324,400

    Sales

  • Current Sale Recording Date: Sep 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81857
  • Previous Sale Recording Date: Aug 16, 2013
  • 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

$526

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1278 ft²

Average Home Age

73.6 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71994717

Frequently Asked Questions

When was property at 385 Ocean Street built and last sold?
The property at 385 Ocean Street was built in 1888 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 385 Ocean Street is $580,866.
What are some comparable homes to 385 Ocean Street?
There are currently no comparable homes to 385 Ocean Street.
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