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Forestdale 02644
40 Cove Rd
$530,000
● House - Off Market

40 Cove Rd

Sandwich, MA 02644
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,512 Ft²
$1,160,463
RealtyHop Estimate
85.67%
Since Apr 1, 2008
National-US
Primary Model

About This Property

Great waterfront location!  Watch the sunrise and the moon come up over beautiful Wakeby Pond.  1.79 acres of land with 151' frontage on the pond and a licensed dock for your boating swimming and fishing pleasure.  Home has water views, lovely gardens, detached 2 car garage with storage above, 2 storage sheds and 3 bonus rooms in walkout basement. Septic system for 5 bedrooms.  Mashpee-Wakeby Ponds are 2 connected kettlehole ponds which are considered 1 large body of water covering 729 acres.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$413
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1970

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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 #70575085)

Price History

Date / Event Date Event Price
Apr 1, 2008 Sold
Premium
Sold
May 9, 2007 Listed by Jack Conway Cape Cod - Sandwich $625,000
Listed by Jack Conway Cape Cod - Sandwich

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 1,678
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sandwich School District
  • School Tax School District: SANDWICH SD
  • Census Tract: 013600

Zoning

  • Zoning: R-2

Geography

  • Account Number: 1948
  • Parcel: SAND M:0007 B:0063
  • Block: 63
  • Municipality: SANDWICH
  • Latitude: 41.6767
  • Longitude: -70.4943

    Address

  • Full Address: 40 Cove Rd
  • Address - House Number: 40
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Forestdale
  • Carrier Code: R002
  • 4-Digit Zip Code: 1907
  • Zip Code: 02644

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $868,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $755,600
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $392,600

    Sales

  • Current Sale Recording Date: Apr 01, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17111
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 Forestdale

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$394

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1999 ft²

Average Home Age

38 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 70575085

Frequently Asked Questions

When was property at 40 Cove Road built and last sold?
The property at 40 Cove Road was built in 1970 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 40 Cove Road is $624,697.
What are some comparable homes to 40 Cove Road?
There are currently no comparable homes to 40 Cove Road.
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