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Barnstable 02649
57 Old Colony Dr
$350,000
● House - Off Market

57 Old Colony Dr

Mashpee, MA 02649
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,591 Ft²
$567,614
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Old Colony Estates!  Tucked away off of Rt 130, Old Colony Estates is a gem of a neighborhood.    Very near the Beach area on Mashpee Wakeby,  this 4 Bedroom 2 bath Gambrel  has so much to offer.  A wonderfully upgraded kitchen,  updated bathroom vanities and a fresh coat of paint makes this property move in ready.    Added features include:   wall unit A/C's  in the upstairs bedrooms, a wood burning inset in the Fireplace,  5.5kw solar array with a transferrable 17 year warranty (goodbye electric bill).  A 4 Bedroom septic system was installed 2 years ago (front yard) leaving plenty of room for a pool and play in the back!   A great property in a great neighborhood.
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$235
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1987

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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 #72386198)

Price History

Date / Event Date Event Price
Sep 1, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by Francesca Parkinson, Ermine Lovell Real Estate Inc. $489,000
Listed by Francesca Parkinson, Ermine Lovell Real Estate Inc.
Nov 26, 2018 Sold
Premium
Sold
Aug 29, 2018 Listed by Francesca Parkinson, Ermine Lovell Real Estate Inc. $374,000
Listed by Francesca Parkinson, Ermine Lovell Real Estate Inc.
Feb 28, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,224
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,653
  • Total Building Area: 1,591
  • Gross Building Area: 3,043
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000543
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mashpee School District
  • School Tax School District: MASHPEE SD
  • Census Tract: 015002

Zoning

  • Zoning: R5

Geography

  • Account Number: 1779
  • Parcel: MASH M:35 B:62 L:0
  • Block: 62
  • Municipality: MASHPEE
  • Latitude: 41.6485
  • Longitude: -70.4909

    Address

  • Full Address: 57 Old Colony Dr
  • Address - House Number: 57
  • Address - Street Name: Old Colony
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Mashpee
  • Carrier Code: R007
  • 4-Digit Zip Code: 2534
  • Zip Code: 02649

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,000
  • Assessed Land Value: $172,000
  • Assessed Improvements Value: $249,000

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57565
  • Previous Sale Recording Date: Nov 26, 2018
  • 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 Barnstable

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$497

Above Asking

0.30%

Average Days on Market

62

Average Home Size

2281 ft²

Average Home Age

55.7 years

Currently For Sale

893 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72386198

Frequently Asked Questions

When was property at 57 Old Colony Drive built and last sold?
The property at 57 Old Colony Drive was built in 1987 and last sold on Sep 1, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 57 Old Colony Drive is $510,499.
What are some comparable homes to 57 Old Colony Drive?
There are currently no comparable homes to 57 Old Colony Drive.
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