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Buzzards Bay 02532
5 Lafayette
Photo of 5 Lafayette
Sold on Jul 31, 2007

1

Map

$250,000
● House - Off Market

5 Lafayette

Bourne, MA 02532
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$439,554
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

GREAT opportunity to buy a completely renovated downtown home with unfinished second floor.  Renovations include New Gas Heating, Electric from Box, Plumbing, Windows, Kitchen, Bath, Floors and More. Close to Cape Cod Canal and Marina. Unfinished second Floor with Seperate Entrance Offers Potential for a Second Apartment or Large Master Bedroom. Easy to Show. Call to Set Up appointment Today.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$255
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1956

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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 #70593904)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
May 18, 2021 Listed $339,000
Listed
Aug 23, 2007 Sold
Premium
Sold
Jun 7, 2007 Listed $255,000
Listed
May 27, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 6,316
  • Total Building Area: 1,568
  • Gross Building Area: 2,638
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 4557
  • Parcel: BOUR M:23.2 P:37
  • Municipality: BOURNE
  • Latitude: 41.7466
  • Longitude: -70.6161

    Address

  • Full Address: 5 Lafayette Ave
  • Address - House Number: 5
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C001
  • 4-Digit Zip Code: 3216
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $347,200
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 528,673
  • High Value: 640,524
  • Low Value: 416,822

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,900
  • Assessed Land Value: $163,500
  • Assessed Improvements Value: $269,400

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45315
  • Previous Sale Recording Date: Aug 23, 2007
  • Previous Sale Amount: $257,000
  • 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 Buzzards Bay

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

73

Average Home Size

1493 ft²

Average Home Age

31.6 years

Currently For Sale

18 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70593904

Frequently Asked Questions

When was property at 5 Lafayette Avenue built and last sold?
The property at 5 Lafayette Avenue was built in 1956 and last sold on Jul 7, 2021 for $361,000.
How much is this home worth?
The estimated value of the home located at 5 Lafayette Avenue is $376,812.
What are some comparable homes to 5 Lafayette Avenue?
There are currently no comparable homes to 5 Lafayette Avenue.
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