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Buzzards Bay 02532
59 Bourne Neck
$165,000
● House - Off Market

59 Bourne Neck

Bourne, MA 02532
bedrooms
2 Beds
bathrooms
1 Bath
square feet
702 Ft²
$336,852
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Taylor's Point 2 BR Cottage. Close to Cape Cod Canal, beaches, fishing, boating, marina and Mass Maritime Academy. With a little fix up and updating a great summer or year round home is just waiting for your touches. Walk to the canal restaurants, shops, park and Cape Cod Flyer Train. The last two homes listed here sold immediately. Don't wait!
Unit Size
702 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$271
Property Type
House
Property Taxes
$139
HOA Dues
-
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 #71896779)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Oct 30, 2015 Sold
Premium
Sold
Aug 31, 2015 Listed by Century 21 Signature Properties $189,900
Listed by Century 21 Signature Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7,710
  • Total Building Area: 702
  • Gross Building Area: 782
  • Building Area: 702
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 702
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 4736
  • Parcel: BOUR M:23.3 P:24
  • Municipality: BOURNE
  • Latitude: 41.7419
  • Longitude: -70.6208

    Address

  • Full Address: 59 Bourne Neck Dr
  • Address - House Number: 59
  • Address - Street Name: Bourne Neck
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C006
  • 4-Digit Zip Code: 3415
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $282,900

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 421,394
  • High Value: 519,807
  • Low Value: 322,981

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $352,700
  • Assessed Land Value: $182,300
  • Assessed Improvements Value: $170,400

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37932
  • Previous Sale Recording Date: Oct 30, 2015
  • Previous Sale Amount: $165,000
  • 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 Buzzards Bay

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1547 ft²

Average Home Age

35.6 years

Currently For Sale

16 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71896779

Frequently Asked Questions

When was property at 59 Bourne Neck Drive built and last sold?
The property at 59 Bourne Neck Drive was built in 1950 and last sold on Jul 30, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 59 Bourne Neck Drive is $201,197.
What are some comparable homes to 59 Bourne Neck Drive?
There are currently no comparable homes to 59 Bourne Neck Drive.
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