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Sagamore 02562
4 Ocean Pines
$320,000
● House - Off Market

4 Ocean Pines

Bourne, MA 02562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,580 Ft²
$555,431
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Tasteful Tri Level in sought after area of Sagamore Beach. Close to sandy salt water beaches and all that the  Village of Sagamore Beach has to offer. Large upgraded kitchen, living room and fireplaced family room offer cozy carefree charm. Three bedrooms and 2 full baths provide plenty of room for family and friends. Home is heated by natural gas and offers Central A/C. Recently installed solar panels should help with energy efficiency. Driveway was recently redone. Easy on/off highway and low Bourne taxes makes this property a must see.
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$208
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1993

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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: 5 months ago (MLSPIN #71949332)

Price History

Date / Event Date Event Price
Sep 13, 2016 Sold
Premium
Sold
Jan 15, 2016 Listed by Real Estate Associates $329,000
Listed by Real Estate Associates
Nov 30, 2006 Sold
Premium
Sold
Oct 3, 2006 Listed by Real Estate Associates $364,900
Listed by Real Estate Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • 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: 16,291
  • Total Building Area: 1,580
  • Gross Building Area: 3,019
  • Building Area: 1,580
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,580
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013800

Zoning

  • Zoning: R40

Geography

  • Account Number: 1040
  • Parcel: BOUR M:6.0 P:120
  • Municipality: BOURNE
  • Latitude: 41.7885
  • Longitude: -70.5424

    Address

  • Full Address: 4 Ocean Pines Dr
  • Address - House Number: 4
  • Address - Street Name: Ocean Pines
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sagamore Beach
  • Carrier Code: R002
  • 4-Digit Zip Code: 2300
  • Zip Code: 02562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $371,700

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 605,356
  • High Value: 741,688
  • Low Value: 469,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $463,500
  • Assessed Land Value: $197,100
  • Assessed Improvements Value: $266,400

    Sales

  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46515
  • Previous Sale Recording Date: Nov 30, 2006
  • Previous Sale Amount: $355,000
  • 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 Sagamore

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2739 ft²

Average Home Age

33.7 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 71949332

Frequently Asked Questions

When was property at 4 Ocean Pines Drive built and last sold?
The property at 4 Ocean Pines Drive was built in 1993 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 4 Ocean Pines Drive is $340,889.
What are some comparable homes to 4 Ocean Pines Drive?
There are currently no comparable homes to 4 Ocean Pines Drive.
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