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Falmouth 02540
56 Mariners Ln
$1,250,000
● House - Off Market

56 Mariners Ln

Falmouth, MA 02540
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$1,216,445
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Just around the corner from Surf Drive Beach & just up Shore St. in to town is this Classic Cape...This spotless updated 4 bedroom 2 full bath home offers a true move in opportunity offered mostly furnished...Hardwood floors throughout...Large front to back living room offers relaxing & entertaining space with dining by the fireplace...Bright spacious kitchen offers an eat in area by the bay window...Meticulously maintained inside and out. Relax on the back deck and patio in the fenced in south facing yard. Two partially finished basement rooms for games, movies or sports watching. Natural gas conversion includes an updated gas boiler and water tank. Ask your agent for the list of property enhancements. You must see it to feel it...
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$656
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72941865)

Price History

Date / Event Date Event Price
Apr 20, 2022 Sold
Premium
Sold
Feb 10, 2022 Listed by Sotheby's International Realty $1,200,000
Listed by Sotheby's International Realty
May 1, 2008 Sold
Premium
Sold
Feb 9, 2008 Listed by Sotheby's International Realty $699,900
Listed by Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,830
  • Gross Building Area: 3,444
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014900

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 47 S:06 P:050 L:025
  • Lot: 25
  • Municipality: FALMOUTH
  • Latitude: 41.5459
  • Longitude: -70.617

    Address

  • Full Address: 56 Mariners Ln
  • Address - House Number: 56
  • Address - Street Name: Mariners
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Falmouth
  • Carrier Code: C002
  • 4-Digit Zip Code: 2712
  • Zip Code: 02540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,500

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,208,278
  • High Value: 1,476,576
  • Low Value: 939,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $789,700
  • Assessed Land Value: $504,200
  • Assessed Improvements Value: $285,500

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20545
  • Previous Sale Recording Date: May 01, 2008
  • Previous Sale Amount: $685,000
  • 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 Falmouth

Stats & Trends

Median Asking:

$1,112,500

Sale Price/ft²

$636

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2085 ft²

Average Home Age

90.1 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 72941865

Frequently Asked Questions

When was property at 56 Mariners Lane built and last sold?
The property at 56 Mariners Lane was built in 1955 and last sold on Apr 14, 2022 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 56 Mariners Lane is $1,189,182.
What are some comparable homes to 56 Mariners Lane?
There are currently no comparable homes to 56 Mariners Lane.
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