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Sagamore 02561
54 Commonwealth Ave
$226,000
● House - Off Market

54 Commonwealth Ave

Bourne, MA 02561
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,055 Ft²
$420,452
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Convenient location for this 2 Bedroom home on quiet, dead-end street in Sagamore. Spacious, private back yard is perfect for relaxing without on-looking neighbors.  Farmers porch on the front, deck in the back, with a detached garage.  Easy access to the Sagamore Bridge and Route 6A.  2 upstairs bedrooms with plenty of closet space, hardwood floors, an eat-in kitchen, dining room, living room, and a full basement.  Skylights bring additional light to the 2nd floor.  Newer, vinyl tilt-in windows.  Cosmetic updates will make this home shine. You won't find anything else like it in the area!  This home is a commuters dream.  Passing Title V in hand.
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$237
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1929

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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 years ago (MLSPIN #72079447)

Price History

Date / Event Date Event Price
Dec 12, 2016 Sold
Premium
Sold
Oct 10, 2016 Listed by Non Member Office $249,900
Listed by Non Member Office

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,051
  • Total Building Area: 1,055
  • Gross Building Area: 1,837
  • Building Area: 1,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,055
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000621
  • 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: 2264
  • Parcel: BOUR M:12.3 P:62
  • Municipality: BOURNE
  • Latitude: 41.771
  • Longitude: -70.5372

    Address

  • Full Address: 54 Commonwealth Ave
  • Address - House Number: 54
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Buzzards Bay
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $287,400

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 424,589
  • High Value: 512,922
  • Low Value: 336,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $358,400
  • Assessed Land Value: $176,500
  • Assessed Improvements Value: $181,900

    Sales

  • Current Sale Recording Date: Dec 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64665
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 Sagamore

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$382

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2645 ft²

Average Home Age

41.5 years

Currently For Sale

10 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 years ago
Data Source: MLS PIN, MLS# 72079447

Frequently Asked Questions

When was property at 54 Commonwealth Avenue built and last sold?
The property at 54 Commonwealth Avenue was built in 1929 and last sold on Jan 1, 1970 for $226,000.
How much is this home worth?
The estimated value of the home located at 54 Commonwealth Avenue is $255,409.
What are some comparable homes to 54 Commonwealth Avenue?
There are currently no comparable homes to 54 Commonwealth Avenue.
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