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Buzzards Bay 02532
40 Lewis Point Road
$455,000
● House - Off Market

40 Lewis Point Road

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$969,863
RealtyHop Estimate
106.40%
Since Jun 1, 2004
National-US
Primary Model

About This Property

WATERFRONT ON LIL BUTTERMILK BAY WITH 260 FT OF BEACH FRONT EXTRAORDINARY VIEWS!!HOUSE IS SET ON VERY PRIVATE COVE FEATURES INCLUDE MSTR BATH,HDWD & TILE THROUGHOUT,F/P,IN-LAW APARTMENT,1CAR GARAGE,PRIVATE BEACH, NEEDS SOME T.L.C.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$276
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1956

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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 #30760544)

Price History

Date / Event Date Event Price
May 28, 2004 Sold
Premium
Sold
Aug 25, 2003 Listed by ERA Belsito & Associates, Inc. $469,900
Listed by ERA Belsito & Associates, Inc.

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,699
  • Total Building Area: 1,280
  • Gross Building Area: 3,084
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 3348
  • Parcel: BOUR M:19.2 P:39
  • Municipality: BOURNE
  • Latitude: 41.7591
  • Longitude: -70.6089

    Address

  • Full Address: 40 Lewis Point Rd
  • Address - House Number: 40
  • Address - Street Name: Lewis Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C003
  • 4-Digit Zip Code: 5613
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $529,500

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 774,436
  • High Value: 937,558
  • Low Value: 611,315

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $660,200
  • Assessed Land Value: $317,400
  • Assessed Improvements Value: $342,800

    Sales

  • Current Sale Recording Date: May 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 160581
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 Buzzards Bay

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$450

Below Asking

0.02%

Average Days on Market

73

Average Home Size

1592 ft²

Average Home Age

45.8 years

Currently For Sale

13 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# 30760544

Frequently Asked Questions

When was property at 40 Lewis Point Road built and last sold?
The property at 40 Lewis Point Road was built in 1956 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 40 Lewis Point Road is $488,507.
What are some comparable homes to 40 Lewis Point Road?
There are currently no comparable homes to 40 Lewis Point Road.
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