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Bourne 02532
5 Maritime Way
$460,000
● House - Off Market

5 Maritime Way

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,107 Ft²
$704,130
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Live the Cape Cod life while watching the ships pass by from the comfort of your Cape Cod Canal view home. Commuters will enjoy quick & easy access to the Bourne Bridge. Experience the nearby canal bike path for world-class Striper fishing or simply take in the sunset. Cap off the day with a Bourne Braves game or dine out at the Lobster Trap; both just minutes away. Information deemed reliable but not guaranteed; buyer/agent to verify.
Unit Size
2,107 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$227
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1989

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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 #72473656)

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by Sotheby's International Realty $699,000
Listed by Sotheby's International Realty
Jun 28, 2019 Sold
Premium
Sold
Mar 25, 2019 Listed by Sotheby's International Realty $479,000
Listed by Sotheby's International Realty
May 9, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Total Building Area: 2,251
  • Gross Building Area: 5,099
  • Building Area: 2,251
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,251
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALBERT & GENE SEBASTIAN
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 5034
  • Parcel: BOUR M:24.2 P:61
  • Municipality: BOURNE
  • Latitude: 41.7445
  • Longitude: -70.5929

    Address

  • Full Address: 5 Maritime Way
  • Address - House Number: 5
  • Address - Street Name: Maritime
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C005
  • 4-Digit Zip Code: 3643
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,000

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 868,920
  • High Value: 1,056,841
  • Low Value: 681,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $756,800
  • Assessed Land Value: $236,200
  • Assessed Improvements Value: $520,600

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37611
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 26, 2019
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: O
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 Bourne

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$432

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2171 ft²

Average Home Age

59 years

Currently For Sale

4 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# 72473656

Frequently Asked Questions

When was property at 5 Maritime Way built and last sold?
The property at 5 Maritime Way was built in 1989 and last sold on Jun 2, 2021 for $775,000.
How much is this home worth?
The estimated value of the home located at 5 Maritime Way is $716,565.
What are some comparable homes to 5 Maritime Way?
There are currently no comparable homes to 5 Maritime Way.
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