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Bristol
54 Ocean Ave.
$190,000
● House - Off Market

54 Ocean Ave.

Fairhaven, MA 02719
bedrooms
2 Beds
bathrooms
1 Bath
square feet
929 Ft²
$372,074
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

PRICED REDUCED 40K!!! Ocean View- Ranch style cottage with the ocean at the end of the street. Boat launch and beach!! This like new home was completely renovated, it was gutted down to bare studs and rebuilt with everything new. New roof, new vinyl siding, new windows, new foundation. The interior was completely redesigned and everything is new from hardwood flooring to walls, ceilings and gorgeous new kitchen with stainless steel appliances and granite countertops. New bathroom, new electrical system. If you love the ocean then you must move to Ocean Ave. Less than a mile from Fairhaven's own "West Island". Check out this like new home, it truly is a gem. This property Is NOT in a Flood Zone, Yippeee!   Buyer responsible to verify..
Unit Size
929 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$215
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1945

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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 #71649538)

Price History

Date / Event Date Event Price
Sep 29, 2014 Sold
Premium
Sold
Mar 25, 2014 Listed by Success! Real Estate $199,900
Listed by Success! Real Estate
Oct 2, 2013 Sold
Premium
Sold
Jan 30, 2013 Listed by Success! Real Estate $129,900
Listed by Success! Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 929
  • Gross Building Area: 1,064
  • Building Area: 929
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 929
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fairhaven School District
  • School Tax School District: FAIRHAVEN SD
  • Census Tract: 655400

Zoning

  • Zoning: RR

Geography

  • Parcel: FAIR M:00029C L:00245 S:
  • Lot: 245
  • Municipality: FAIRHAVEN
  • Latitude: 41.6195
  • Longitude: -70.8584

    Address

  • Full Address: 54 Ocean Ave
  • Address - House Number: 54
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fairhaven
  • Carrier Code: C011
  • 4-Digit Zip Code: 2318
  • Zip Code: 02719

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $317,800

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 415,925
  • High Value: 499,837
  • Low Value: 332,014

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,300
  • Assessed Land Value: $241,900
  • Assessed Improvements Value: $102,400

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18975
  • Previous Sale Recording Date: Oct 02, 2013
  • Previous Sale Amount: $80,000
  • 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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2295 ft²

Average Home Age

71.5 years

Currently For Sale

1133 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: 4 months ago
Data Source: MLS PIN, MLS# 71649538

Frequently Asked Questions

When was property at 54 Ocean Avenue built and last sold?
The property at 54 Ocean Avenue was built in 1945 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 54 Ocean Avenue is $201,872.
What are some comparable homes to 54 Ocean Avenue?
There are currently no comparable homes to 54 Ocean Avenue.
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