For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Pocasset 02559
48 Elgin Rd
$558,000
● House - Off Market

48 Elgin Rd

Bourne, MA 02559
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,896 Ft²
$847,144
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Welcome to the sought after Handy Point Association neighborhood that features dinghy dock, boat launch, private sandy beach, kayak rack,  and tennis courts with close proximity to Kingman's marina & The Chart Room Restaurant , on  Red Brook Harbor.  You'll love this impeccable ranch style home featuring  3 bedroom, 2.5 baths with hardwood floors, a modern kitchen w/chef's oven, stainless appliances, granite counters, central ac, whole house generator, updated windows/slider, and great outdoor entertaining space with patio, composite deck, shed, garden area, and an outside shower!  This home exudes classic character and charm throughout with built-ins, pocket doors, wood fireplace, crown molding.  Plus, bonus living space & half bath in the finished lower level.
Unit Size
1,896 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$295
Property Type
House
Property Taxes
$392
HOA Dues
$33
Year Built
1966

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72329507)

Price History

Date / Event Date Event Price
Jul 12, 2018 Sold
Premium
Sold
May 17, 2018 Listed by Coldwell Banker Residential Brokerage - Plymouth $559,900
Listed by Coldwell Banker Residential Brokerage - Plymouth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2007
  • 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: 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,600
  • Total Building Area: 1,896
  • Gross Building Area: 5,592
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000427
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R40

Geography

  • Account Number: 10304
  • Parcel: BOUR M:47.2 P:34
  • Municipality: BOURNE
  • Latitude: 41.6802
  • Longitude: -70.6168

    Address

  • Full Address: 48 Elgin Rd
  • Address - House Number: 48
  • Address - Street Name: Elgin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pocasset
  • Carrier Code: R002
  • 4-Digit Zip Code: 2003
  • Zip Code: 02559

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $729,400

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 941,683
  • High Value: 1,146,277
  • Low Value: 737,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $909,500
  • Assessed Land Value: $402,200
  • Assessed Improvements Value: $507,300

    Sales

  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33619
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72329507

Frequently Asked Questions

When was property at 48 Elgin Road built and last sold?
The property at 48 Elgin Road was built in 1966 and last sold on Jan 1, 1970 for $558,000.
How much is this home worth?
The estimated value of the home located at 48 Elgin Road is $587,697.
What are some comparable homes to 48 Elgin Road?
There are currently no comparable homes to 48 Elgin Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Bourne Homes for Sale
Bourne Houses for Sale
Bourne Condos for Sale
Bourne Multifamily for Sale
Bourne Land for Sale
Bourne Commercial for Sale
Bourne Homes with Basements
Bourne Homes with Pools
Nearby Cities
Barnstable Town Homes for Sale
Plymouth Homes for Sale
East Falmouth Homes for Sale
New Seabury Homes for Sale
East Sandwich Homes for Sale
Sandwich Homes for Sale
Wareham Center Homes for Sale
Forestdale Homes for Sale
Nearby Property Records
Plymouth County, MA Property Records
Dukes County, MA Property Records
Barnstable County, MA Property Records
Bristol County, MA Property Records
Newport County, RI Property Records
Bristol County, RI Property Records
Norfolk County, MA Property Records
Nantucket County, MA Property Records
Nearby Counties
Plymouth Homes for Sale
Barnstable Town Homes for Sale
Falmouth Homes for Sale
Wareham Homes for Sale
Mashpee Homes for Sale
Sandwich Homes for Sale
Carver Homes for Sale
Mattapoisett Homes for Sale
Top Real Estate Agents
Top Agents in Bourne
Top Agents in Plymouth
Top Agents in 02360
Top Agents in Barnstable Town
Top Agents in Barnstable Town
Top Agents in Falmouth
Top Agents in Wareham
Top Agents in Mashpee