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Pocasset 02559
40 Massasoit Ave
$30,000
● Land - Off Market

40 Massasoit Ave

Bourne, MA 02559
bedrooms
Studio
bathrooms
0 Bath
$106,940
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Patuisett Island in Pocasset! Amazing views of Pocasset Harbor, Wings Neck and Bassetts Island! Although most of the 4.24 acres of land is located in marsh land, it has direct access and VIEWS of the ocean! It is unknown if the lot is build-able as nothing has been on the land for many years. There are several options for a property like this for the right buyer. Buyers are asked to do their due diligence before viewing/purchasing this property. NOTE: The real estate taxes have been SUBSTANTIALLY reduced!! PERFECT PLACE TO STORE YOUR BOAT.
Unit Size
-
Days on Market
-
Land Size
4.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 4 months ago (MLSPIN #72075858)

Price History

Date / Event Date Event Price
Mar 22, 2017 Sold
Premium
Sold
Oct 1, 2016 Listed by The Florian Real Estate Group $64,900
Listed by The Florian Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 184,694
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000004240
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 014002

Zoning

  • Zoning: R40

Geography

  • Account Number: 9350
  • Parcel: BOUR M:43.3 P:50
  • Municipality: BOURNE
  • Latitude: 41.6866
  • Longitude: -70.6276

    Address

  • Full Address: 40 Massasoit St
  • Address - House Number: 40
  • Address - Street Name: Massasoit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Pocasset
  • Zip Code: 02559

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $35,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,900
  • Assessed Land Value: $41,500
  • Assessed Improvements Value: $2,400

    Sales

  • Current Sale Recording Date: Mar 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13663
  • Previous Sale Recording Date: Jun 04, 2004
  • 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 Pocasset

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$554

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2317 ft²

Average Home Age

58.6 years

Currently For Sale

14 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72075858

Frequently Asked Questions

When was property at 40 Massasoit Avenue built and last sold?
The property at 40 Massasoit Avenue was built in and last sold on Jan 1, 1970 for $30,000.
How much is this home worth?
The estimated value of the home located at 40 Massasoit Avenue is $65,549.
What are some comparable homes to 40 Massasoit Avenue?
There are currently no comparable homes to 40 Massasoit Avenue.
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