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Mashpee Neck 02649
41 Rainbow Ln
$324,500
● House - Off Market

41 Rainbow Ln

Mashpee, MA 02649
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,336 Ft²
$565,503
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

House Beautiful!!  If you are looking for one floor living in brand new condition, than this is it!!  Built in 2015, this Quality built home comes with Central AC & many exceptional upgrades including Granite Kitchen with Beautiful Cabinets and Stainless Steel Appliances and Dining Area with Sliders to Back Yard.  You will love the Open Floor Plan the moment you walk into the sunny Living Room.  The Master Bedroom is separate from the other Bedrooms and comes with Two Closets and Full Private Ba
Unit Size
1,336 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$243
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
2015

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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 #71943517)

Price History

Date / Event Date Event Price
Mar 7, 2016 Sold
Premium
Sold
Dec 28, 2015 Listed by Today Real Estate, Inc. $324,900
Listed by Today Real Estate, Inc.
Jun 4, 2015 Sold
Premium
Sold
Jan 10, 2015 Listed by Today Real Estate, Inc. $319,000
Listed by Today Real Estate, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,336
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,384
  • Total Building Area: 1,336
  • Gross Building Area: 2,806
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000445
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mashpee School District
  • School Tax School District: MASHPEE SD
  • Census Tract: 015100

Zoning

  • Zoning: R3

Geography

  • Account Number: 5008
  • Parcel: MASH M:69 B:36L L:0
  • Block: 36L
  • Municipality: MASHPEE
  • Latitude: 41.6194
  • Longitude: -70.4676

    Address

  • Full Address: 41 Rainbow Ln
  • Address - House Number: 41
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Mashpee
  • Carrier Code: R004
  • 4-Digit Zip Code: 3602
  • Zip Code: 02649

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,000

    Appraisal Valuation

  • Standard Deviation: 0.2623
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 615,017
  • High Value: 776,387
  • Low Value: 453,647

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,600
  • Assessed Land Value: $167,400
  • Assessed Improvements Value: $346,200

    Sales

  • Current Sale Recording Date: Mar 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11029
  • Previous Sale Recording Date: Jun 04, 2015
  • Previous Sale Amount: $319,000
  • 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 Mashpee Neck

Stats & Trends

Median Asking:

$1,195,000

Sale Price/ft²

$520

Below Asking

0.01%

Average Days on Market

59

Average Home Size

4117 ft²

Average Home Age

21.3 years

Currently For Sale

4 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: 4 months ago
Data Source: MLS PIN, MLS# 71943517

Frequently Asked Questions

When was property at 41 Rainbow Lane built and last sold?
The property at 41 Rainbow Lane was built in 2015 and last sold on Jan 1, 1970 for $324,500.
How much is this home worth?
The estimated value of the home located at 41 Rainbow Lane is $347,180.
What are some comparable homes to 41 Rainbow Lane?
There are currently no comparable homes to 41 Rainbow Lane.
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