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$235,000
● House - Off Market

48 Beach

Bourne, MA
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$538,311
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Close to Monument Beach and Marina this fabulous property is waiting for your finishing touches. The first floor boasts a bright, large kitchen with walk-in pantry that flows into an open dining room and living room separated by a center hall staircase. The upstairs has four bedrooms, one of which is waiting to be finished (bathroom, maybe??) Wood floors run throughout. The bones here are great and charming and they are waiting for someone who can envision the grandeur of this property.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$185
Property Type
House
Property Taxes
$168
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 years ago (MLSPIN #71309092)

Price History

Date / Event Date Event Price
Jun 4, 2012 Sold
Premium
Sold
Nov 8, 2011 Listed by William Raveis R.E. & Home Services $250,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Wood
Level: First
Features: Flooring - Wood
Features: Flooring - Wood
Level: Second
Features: Flooring - Wood
Level: First
Features: Flooring - Wood
Level: Second
Level: First
Features: Flooring - Wood
Level: First
Features: Flooring - Wood
Full Bathrooms: 1
Interior Features: Office
Rooms: 7
Basement: Full, Bulkhead
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Off Street
Garage Spaces: 2
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Cleared, Level
Lot Size Area: 0.39
Lot Size Units: Acres
Lot Size Acres: 0.39
Zoning: R1
Parcel Number: 2186549
Water Source: Public
Financial Details
Tax Assessed Value: $255,200
Tax Annual Amount: $2,011
Utilities Details
Cooling Type: None
Heating Type: Steam, Oil
Sewer : Private Sewer
Location Details
Community Features: Shopping, Tennis Court(s), Park, Medical Facility, Highway Access

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71309092
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