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Plymouth 02738
5 Doran Way
$355,000
● House - Off Market

5 Doran Way

Marion, MA 02738
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$397,519
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Sought after Marion's Dexter beach waterfront community! While this gem needs some polishing, this year round home sits on a corner double lot, just a short walk to Dexter Beach, a private members only beach on the Weweantic River which leads to Buzzard's Bay. Kayak, paddleboard, swim- vacation where you live and skip the bridges! The sandy beach features a dock, covered picnic area, playground and kayak storage. The home features a spacious floor plan and family room with vaulted ceiling. New roof in 2017.  So if you are looking for a summer retreat or year round home in a quiet neighborhood your search is over! Showings to begin at the open house Saturday 9-10, 12-2.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$344
Property Type
House
Property Taxes
$318
HOA Dues
$21
Year Built
1962

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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 #73034032)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 8, 2022 Listed by Dovetail Real Estate Group,LLC $379,900
Listed by Dovetail Real Estate Group,LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 1,104
  • Gross Building Area: 2,224
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANN M WHITTAKER
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marion School District
  • Census Tract: 561100

Geography

  • Parcel: MARI M:005A B:0159 L:0000
  • Block: 159
  • Municipality: MARION
  • Latitude: 41.7238
  • Longitude: -70.7366

    Address

  • Full Address: 5 Doran Way
  • Address - House Number: 5
  • Address - Street Name: Doran
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Marion
  • Carrier Code: R004
  • 4-Digit Zip Code: 1229
  • Zip Code: 02738

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $311,100

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 433,251
  • High Value: 521,395
  • Low Value: 345,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $336,000
  • Assessed Land Value: $151,800
  • Assessed Improvements Value: $184,200

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88268

    Financing

  • First Mortgage Financing Type: ADJ
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 Plymouth

Stats & Trends

Median Asking:

$654,900

Sale Price/ft²

$370

Above Asking

0.18%

Average Days on Market

58

Average Home Size

2335 ft²

Average Home Age

51.2 years

Currently For Sale

1232 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73034032

Frequently Asked Questions

When was property at 5 Doran Way built and last sold?
The property at 5 Doran Way was built in 1962 and last sold on Oct 31, 2022 for $355,000.
How much is this home worth?
The estimated value of the home located at 5 Doran Way is $384,137.
What are some comparable homes to 5 Doran Way?
There are currently no comparable homes to 5 Doran Way.
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