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Barnstable
50 Arey Ln
$468,000
● House - Off Market

50 Arey Ln

Wellfleet, MA 02667
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$841,472
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Wellfleet - Marsh Front - Ever changing views - beautiful morning and afternoon light. Views from the Living Room, Dining Area and bedrooms. Slider from the Living Room with wood flooring and Fireplace that opens to the 10' X 16' deck over-looking the marsh, Blackfish Creek and Drummers Cove. Oil Hot Water Heat. The main level has 2 bedrooms and town records indicate that a 3rd bedroom may be added, 1 full bath, living room and kitchen - full walk out basement for future living space. Dead ended lane - really nice location.Please note that there are photo's at high and low tides in the marsh. There is a beach at the end of the road.
Unit Size
936 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$533
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71975662)

Price History

Date / Event Date Event Price
Oct 21, 2016 Sold
Premium
Sold
Mar 21, 2016 Listed by LAER Realty Partners $499,000
Listed by LAER Realty Partners
Jun 9, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 936
  • Gross Building Area: 2,032
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nauset School District
  • Census Tract: 010206

Zoning

  • Zoning: R30

Geography

  • Account Number: 3862
  • Parcel: WELL M:036.0 B:0025 L:0000.0
  • Block: 25
  • Municipality: WELLFLEET
  • Latitude: 41.9068
  • Longitude: -69.9926

    Address

  • Full Address: 50 Arey Ln
  • Address - House Number: 50
  • Address - Street Name: Arey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wellfleet
  • Zip Code: 02667

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $479,300

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 843,389
  • High Value: 999,599
  • Low Value: 687,179

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $701,700
  • Assessed Land Value: $424,900
  • Assessed Improvements Value: $276,800

    Sales

  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1306617
  • Previous Sale Recording Date: Jun 09, 1997
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 43
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 Barnstable

Stats & Trends

Median Asking:

$767,000

Sale Price/ft²

$502

Above Asking

0.30%

Average Days on Market

63

Average Home Size

2249 ft²

Average Home Age

54.5 years

Currently For Sale

869 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: 6 months ago
Data Source: MLS PIN, MLS# 71975662

Frequently Asked Questions

When was property at 50 Arey Lane built and last sold?
The property at 50 Arey Lane was built in 1970 and last sold on Jan 1, 1970 for $468,000.
How much is this home worth?
The estimated value of the home located at 50 Arey Lane is $500,925.
What are some comparable homes to 50 Arey Lane?
There are currently no comparable homes to 50 Arey Lane.
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