Bristol
508 Ocean Mdws #508
$217,000
●
Condo -
Off Market
508 Ocean Mdws #508
Fairhaven, MA 02719
2 Beds
2 Baths,
1
Half Bath
977 Ft²
$282,475
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Why rent? Build your own equity in this great two bedroom,
townhouse-style condominium now available in Fairhaven's Ocean
Meadows complex! Many improvements including fresh paint, artfully
refurbished counter tops and vanities, and tasteful living room
flooring. Upstairs are a full Jack & Jill bathroom and two ample
bedrooms (views of nothing but green space from the rear bedroom).
The main level has a large living room, half bath and open kitchen
with dining area and sliders to rear deck -perfect for grilling and
entertaining. Bulkhead and interior stairwell access to finished
basement with laundry and storage (just add your own flooring!) All
appliances negotiable along with some furnishings. Basement room
not included in gross living area. Nothing else available in Ocean
Meadows -hurry!
Unit Size
977 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
Condo
Property Taxes
$167
HOA Dues
$275
Year Built
1987
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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: 5 years ago (MLSPIN #72664899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Berkshire Hathaway Home Services - Mel Antonio Real Estate | $215,000 | |
| Listed by Berkshire Hathaway Home Services - Mel Antonio Real Estate | |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
| Apr 10, 2018 | Listed by Better Living Real Estate, LLC | $169,900 | |
| Listed by Better Living Real Estate, LLC | |||
| | |||
|
Great location, 2 bedroom, 1.5 bath Condo in need of some TLC. Come look and make an offer. Seller has never occupied property and no disclosures are provided. To be sold in "As-is" "As-seen" Condition.
| |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: Second
Level: First
Level: First
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Bonus Room
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: In Basement, In Unit, Washer Hookup
Rooms: 5
Basement: Y
Parking Details
Parking Features: Assigned, Guest, Exclusive Parking
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ocean Meadows
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: M:00OCME L:00508 S:, 3286238
Water Source: Public
Financial Details
Tax Assessed Value: $181,300
Tax Annual Amount: $2,005
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Other
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $275
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2020
|
2 Bed
|
2 Bath
|
977 ft²
|
$215,000
2 Bed
2 Bath
977 ft²
|
$217,000
+0.93%
12/11/2020
|
Nick Helgesen
Better Living Real Estate, LLC
| |
|
04/10/2018
|
2 Bed
|
2 Bath
|
977 ft²
|
$169,900
2 Bed
2 Bath
977 ft²
|
$177,000
+4.18%
06/25/2018
|
Paula Almeida
Almeida Realty Group
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017