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Chatham 02633
485 Shore Rd
$1,660,000
● House - Off Market

485 Shore Rd

Chatham, MA 02633
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,483 Ft²
$2,819,519
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

The very best value on Shore Road and in Chatham  Picture yourself waking up in this sun drenched home in the most sought after location in all of Chatham.  This home has been tastefully updated to create a soft, coastal look and feel with stylish appointments thoughout. The generous size bedrooms and floor plan is perfect for multi generational families to enjoy entertaining, walks to the beach and town and still offer plenty of  space for privacy. The open and airy living space allows for great indoor and outdoor entertainment, there is even room for a pool. Recent updates include a new architectural Shingle 30 year roof, new gutters, new 1st floor Anderson Window Sliders, all new Kitchen Aid appliances, custom tile kitchen backsplash, new Quartz counter
Unit Size
4,483 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$445
Property Type
House
Property Taxes
$819
HOA Dues
-
Year Built
1986

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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 #72604762)

Price History

Date / Event Date Event Price
May 7, 2020 Sold
Premium
Sold
Jan 6, 2020 Listed by Robert Paul Properties $1,995,000
Listed by Robert Paul Properties
Dec 1, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • 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: 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: 28,175
  • Total Building Area: 4,483
  • Gross Building Area: 9,256
  • Building Area: 4,483
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,483
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000647
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Monomoy Regional School District
  • School Tax School District: MONOMOY RGNL SD
  • Census Tract: 010600

Zoning

  • Zoning: R40

Geography

  • Account Number: 3957
  • Parcel: CHAT M:16G B:0003 L:A1
  • Block: 3
  • Lot: A1
  • Municipality: CHATHAM
  • Latitude: 41.6902
  • Longitude: -69.9528

    Address

  • Full Address: 485 Shore Rd
  • Address - House Number: 485
  • Address - Street Name: Shore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chatham
  • Carrier Code: C001
  • 4-Digit Zip Code: 2362
  • Zip Code: 02633

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,006,500

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 3,222,975
  • High Value: 3,832,637
  • Low Value: 2,613,313

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,819,200
  • Assessed Land Value: $1,264,200
  • Assessed Improvements Value: $1,555,000

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21846
  • Previous Sale Recording Date: Dec 01, 1995
  • Previous Sale Amount: $735,000
  • 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 Chatham

Stats & Trends

Median Asking:

$2,199,000

Sale Price/ft²

$1,031

Below Asking

0.04%

Average Days on Market

65

Average Home Size

3464 ft²

Average Home Age

44.1 years

Currently For Sale

10 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# 72604762

Frequently Asked Questions

When was property at 485 Shore Road built and last sold?
The property at 485 Shore Road was built in 1986 and last sold on Apr 30, 2020 for $1,660,000.
How much is this home worth?
The estimated value of the home located at 485 Shore Road is $1,989,907.
What are some comparable homes to 485 Shore Road?
There are currently no comparable homes to 485 Shore Road.
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