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Chatham 02633
55 Eldredge Square South
$1,850,000
● House - Off Market

55 Eldredge Square South

Chatham, MA 02633
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,630 Ft²
$9,517
Est. Monthly

About This Property

This Cape Cod Style home is tucked away in a private enclave minutes to Chatham Village, the Fish Pier and the Chatham A's ballfield.    The first floor open layout features a fireplaced living room and family room that transitions to a backyard private patio and a deck overlooking conservation land. The newly renovated eat-in kitchen has a tiled backsplash, quartz counters, new refrigerator, skylight, farm sink and cathedral ceilings. The main floor is complete with a first-floor master en suite plus first floor laundry/half bathroom. Above are two bedrooms and a sitting room/office and below a finished basement/entertainment room. Highlights include AC throughout the whole house,a Nest thermostat, irrigation, hardwood floors, new paint, new kitchen and bathrooms.
Unit Size
2,630 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$703
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
2003

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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 #73212107)

Price History

Date / Event Date Event Price
Oct 29, 2024 Sold
Premium
Sold
Aug 15, 2024 In contract -
In contract
Aug 12, 2024 Relisted $1,850,000
Relisted
Mar 27, 2024 Withdrawn -
Withdrawn
Mar 13, 2024 Listed by Compass $1,850,000
Listed by Compass
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 36,948
  • Total Building Area: 1,896
  • Gross Building Area: 3,640
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARTIN & MARY CAVANAUGH
  • Land Acres: 0000000848
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Monomoy Regional School District
  • School Tax School District: MONOMOY RGNL SD
  • Census Tract: 010600

Zoning

  • Zoning: R20

Geography

  • Account Number: 7980
  • Parcel: CHAT M:14F B:066A L:38
  • Block: 66A
  • Lot: 38
  • Municipality: CHATHAM
  • Latitude: 41.688
  • Longitude: -69.9608

    Address

  • Full Address: 55 Eldredge Sq S
  • Address - House Number: 55
  • Street Segment Direction: S
  • Address - Street Name: Eldredge
  • Address - Suffix Type: Sq
  • State: MA
  • City Name: Chatham
  • Carrier Code: C003
  • 4-Digit Zip Code: 2055
  • Zip Code: 02633

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $518,900

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,544,892
  • High Value: 1,890,693
  • Low Value: 1,199,092

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,453,500
  • Assessed Land Value: $828,900
  • Assessed Improvements Value: $624,600

    Sales

  • Current Sale Contract Date: Nov 04, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57490
  • Previous Sale Recording Date: Sep 18, 2018
  • 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 Chatham

Stats & Trends

Median Asking:

$1,800,000

Sale Price/ft²

$1,044

Below Asking

0.04%

Average Days on Market

65

Average Home Size

4207 ft²

Average Home Age

27.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73212107

Frequently Asked Questions

When was property at 55 Eldredge Square South built and last sold?
The property at 55 Eldredge Square South was built in 2003 and last sold on Nov 4, 2019 for $915,000.
How much is this home worth?
The estimated value of the home located at 55 Eldredge Square South is $1,870,692.
What are some comparable homes to 55 Eldredge Square South?
There are currently no comparable homes to 55 Eldredge Square South.
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