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Barnstable 02540
42 Grasmere
$760,000
● House - Off Market

42 Grasmere

Falmouth, MA 02540
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$1,179,781
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Falmouth Waterfront; Immaculate contemporary home located in Grasmere which is in downtown Falmouth. Truly a custom built home from the beginning starting with a spacious open floor plan, 2X6 walls, Andersen windows, hardwood floors and so much more. Large marble surround fireplaced living room with pyramid ceiling and wall of glass and sliders to access the sundeck and enjoy the waterviews and sunsets. Newer custom kitchen with quartz tops, den w hw floors. Fabulous master bedroom suite with private bath w double inlaid sinks in quartz counter. Second large bedroom with direct access to full bath. Second floor: Large bedroom and an oversized closet/storage rm with attic access. Walk-out basement with 2 finished rooms and loads of future expansion if necessary. Don't wait on this one!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$355
Property Type
House
Property Taxes
$494
HOA Dues
$13
Year Built
1988

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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: 6 months ago (MLSPIN #72334012)

Price History

Date / Event Date Event Price
Sep 20, 2018 Sold
Premium
Sold
May 26, 2018 Listed by William Raveis R.E. & Home Services $779,900
Listed by William Raveis R.E. & Home Services
May 25, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7
  • Basement Area: 2,225
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 4,956
  • Gross Building Area: 8,068
  • Building Area: 4,956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,956
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELVEDERE CONDO
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014800

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 38 S:09 P:002A L:059
  • Lot: 59
  • Municipality: FALMOUTH
  • Latitude: 41.5638
  • Longitude: -70.6053

    Address

  • Full Address: 42 Grasmere Dr
  • Address - House Number: 42
  • Address - Street Name: Grasmere
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Falmouth
  • Carrier Code: C004
  • 4-Digit Zip Code: 2935
  • Zip Code: 02540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,100

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 1,371,453
  • High Value: 1,632,364
  • Low Value: 1,110,543

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,045,000
  • Assessed Land Value: $290,600
  • Assessed Improvements Value: $754,400

    Sales

  • Current Sale Recording Date: Sep 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46386
  • Previous Sale Recording Date: May 25, 2000
  • Previous Sale Amount: $467,500
  • 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 Barnstable

Stats & Trends

Median Asking:

$767,000

Sale Price/ft²

$502

Above Asking

0.30%

Average Days on Market

63

Average Home Size

2249 ft²

Average Home Age

54.5 years

Currently For Sale

869 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: 6 months ago
Data Source: MLS PIN, MLS# 72334012

Frequently Asked Questions

When was property at 42 Grasmere Drive built and last sold?
The property at 42 Grasmere Drive was built in 1988 and last sold on Jan 1, 1970 for $760,000.
How much is this home worth?
The estimated value of the home located at 42 Grasmere Drive is $804,770.
What are some comparable homes to 42 Grasmere Drive?
There are currently no comparable homes to 42 Grasmere Drive.
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