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Barnstable 02653
4 Ripple Cove Cir
$395,000
● Land - Off Market

4 Ripple Cove Cir

Orleans, MA 02653
bedrooms
Studio
bathrooms
0 Bath
$469,829
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Unique opportunity to own a gorgeous parcel of land in coveted Orleans. This property consists of almost one acre and offers ample space for a spacious four bedroom house and a pool if desired. Just moments to Arey's Pond, a tributary of Pleasant Bay and close to some of Orleans' best hiking trails, cranberry bogs, and beautiful salt and fresh water beaches. This bucolic, private parcel of land has already been cleared and graded and is just waiting for someone to come and build their dream home. House plans are available from Cape Dreams Building and Design or you can use your own.
Unit Size
-
Days on Market
-
Land Size
0.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$97
HOA Dues
-
Year Built
2022

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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 #72816012)

Price History

Date / Event Date Event Price
May 7, 2021 Sold
Premium
Sold
Apr 16, 2021 No longer available -
No longer available
Apr 16, 2021 Listed by Gibson Sotheby's International Realty $395,000
Listed by Gibson Sotheby's International Realty
Apr 2, 2021 No longer available -
No longer available
Feb 20, 2021 Relisted $400,000
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • 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: 40,511
  • Total Building Area: 3,404
  • Building Area: 3,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,404
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Orleans School District
  • Census Tract: 010500

Zoning

  • Zoning: R

Geography

  • Account Number: 4705
  • Parcel: ORLE M:062.0 B:0056 L:0000.0
  • Block: 56
  • Municipality: ORLEANS
  • Latitude: 41.7613
  • Longitude: -69.9861

    Address

  • Full Address: 4 Ripple Cove Cir
  • Address - House Number: 4
  • Address - Street Name: Ripple Cove
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Orleans
  • Carrier Code: R003
  • 4-Digit Zip Code: 4445
  • Zip Code: 02653

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $785,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,225,100
  • Assessed Land Value: $486,500
  • Assessed Improvements Value: $738,600

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31310
  • Previous Sale Recording Date: Sep 18, 2020
  • Previous Sale Contract Date: Sep 09, 2020
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: O
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 Barnstable

Stats & Trends

Median Asking:

$759,900

Sale Price/ft²

$499

Above Asking

0.31%

Average Days on Market

63

Average Home Size

2274 ft²

Average Home Age

55.6 years

Currently For Sale

922 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# 72816012

Frequently Asked Questions

When was property at 4 Ripple Cove Circle built and last sold?
The property at 4 Ripple Cove Circle was built in 2022 and last sold on May 5, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 4 Ripple Cove Circle is $398,950.
What are some comparable homes to 4 Ripple Cove Circle?
There are currently no comparable homes to 4 Ripple Cove Circle.
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