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Bourne 02532
58 Rope Walk Rd
$432,000
● House - Off Market

58 Rope Walk Rd

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$810,539
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Mashnee Island - 3 BR 2 Ba ranch has been carefully maintained and beautifully remodeled. Offering easy one floor living and useable year-round - it's even equipped with central air! A recent addition - and a huge bonus - has been the construction of a comfortable third bedroom. A rare feature for a Mashnee home is a FULL basement, and this property has one! The roof was replaced two years ago, and there are numerous other recent upgrades, including a new Title V septic system. This home is within walking distance of 3 beaches, two of which are association beaches. Don't miss this "move-in ready" gem!!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$286
Property Type
House
Property Taxes
$378
HOA Dues
$366
Year Built
1950

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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 #71987862)

Price History

Date / Event Date Event Price
Aug 29, 2016 Sold
Premium
Sold
Apr 13, 2016 Listed by Kinlin Grover Real Estate $479,900
Listed by Kinlin Grover Real Estate

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 8,015
  • Total Building Area: 1,680
  • Gross Building Area: 1,960
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASHNEE VILLAGE
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 6089
  • Parcel: BOUR M:29.4 P:134
  • Municipality: BOURNE
  • Latitude: 41.7183
  • Longitude: -70.6362

    Address

  • Full Address: 58 Rope Walk Rd
  • Address - House Number: 58
  • Address - Street Name: Rope Walk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 3579
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $673,400

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 913,942
  • High Value: 1,080,210
  • Low Value: 747,675

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $839,700
  • Assessed Land Value: $498,500
  • Assessed Improvements Value: $341,200

    Sales

  • Current Sale Recording Date: Aug 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43881
  • Previous Sale Recording Date: Apr 13, 2010
  • 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 Bourne

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$432

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2171 ft²

Average Home Age

59 years

Currently For Sale

4 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# 71987862

Frequently Asked Questions

When was property at 58 Rope Walk built and last sold?
The property at 58 Rope Walk was built in 1950 and last sold on Jan 1, 1970 for $432,000.
How much is this home worth?
The estimated value of the home located at 58 Rope Walk is $491,421.
What are some comparable homes to 58 Rope Walk?
There are currently no comparable homes to 58 Rope Walk.
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