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Bridgewater 02324
56 Bourne St
$450,000
● House - Off Market

56 Bourne St

Bridgewater, MA 02324
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,601 Ft²
$408,782
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

OPEN HOUSES CANCELLED. This cozy four bedroom colonial is full of character and charm and will make you feel right at home! House is near downtown Bridgewater on a quiet side street and features hardwood floors throughout the house. First floor has an open kitchen, dining room, bathroom and a few family rooms. There is also a good sized bedroom on the first floor near the side door. Second floor has a large Primary bedroom with two other bedrooms. Home features a large driveway with a separate one car garage. This home is priced to sell. Come add your own updates to this classic home. Recent updates include new roof (2022), new water heater (2020) and new kitchen appliances (2021), range, dishwasher and microwave.
Unit Size
1,601 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$256
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #73117746)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
Jun 2, 2023 In contract -
In contract
May 31, 2023 Listed by Coldwell Banker Realty - Canton $409,900
Listed by Coldwell Banker Realty - Canton
Dec 1, 2020 Sold
Premium
Sold
Oct 13, 2020 Listed by Coldwell Banker Realty - Canton $349,000
Listed by Coldwell Banker Realty - Canton

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 1,601
  • Building Area: 1,601
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,601
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hanover School District
  • School Tax School District: BRDGEWTR-RAYNHM
  • Census Tract: 525104

Geography

  • Account Number: 4428
  • Parcel: BRID M:049 L:061
  • Lot: 61
  • Municipality: BRIDGEWATER
  • Latitude: 41.985
  • Longitude: -70.9676

    Address

  • Full Address: 56 Bourne St
  • Address - House Number: 56
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Bridgewater
  • Carrier Code: C002
  • 4-Digit Zip Code: 2605
  • Zip Code: 02324

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,300

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 494,827
  • High Value: 594,526
  • Low Value: 395,127

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,500
  • Assessed Land Value: $181,200
  • Assessed Improvements Value: $224,300

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45657
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: O
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 Bridgewater

Stats & Trends

Median Asking:

$307,500

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1296 ft²

Average Home Age

65.3 years

Currently For Sale

13 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# 73117746

Frequently Asked Questions

When was property at 56 Bourne Street built and last sold?
The property at 56 Bourne Street was built in 1900 and last sold on Jul 19, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 56 Bourne Street is $418,098.
What are some comparable homes to 56 Bourne Street?
There are currently no comparable homes to 56 Bourne Street.
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