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Ocean Bluff-Brant Rock 02050
622 Ocean
$479,500
● House - Off Market

622 Ocean

Marshfield, MA 02050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$688,258
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

BEAUTIFUL AND MOVE IN READY! SHORT WALK TO THE BEACH FROM THIS CHARMING CAPE WITH EVERY SPACE INSIDE-- WELCOMING, LIGHT AND AIRY! PERFECT FOR YEAR ROUND, SUMMER, RETIREMENT OR CONDO ALTERNATIVE! NEW ROOF 2018, RECENT WORK INCLUDES  VINYL FENCE AROUND PERIMETER, FRESHLY PAINTED ROOMS,  NEST THERMOSTATS, CARPET IN BEDROOMS AND STAIRS, HOT WATER HEATER AND  FLOORING IN MUDROOM! SET ON JUST THE RIGHT SIZE LOT WITH FENCE AND DETACHED OVERSIZED GARAGE AND PLENTY OF PARKING FOR FAMILY AND FRIENDS TO VISIT! UPSTAIRS BEDROOMS EACH HAVE 2 CLOSETS PLUS ENJOY A GLIMPSE OF THE OCEAN!  SHOWINGS BEGIN AT OPEN HOUSE SATURDAY 10:30-12:30 AND OFFERS IF ANY BY MONDAY, MAY 27 BY 5 PM.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$347
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1960

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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 #72503230)

Price History

Date / Event Date Event Price
Jul 24, 2019 Sold
Premium
Sold
May 23, 2019 Listed by Betsy Hines REALTORS®, LLC $469,000
Listed by Betsy Hines REALTORS®, LLC
Jan 11, 2016 Sold
Premium
Sold
Nov 6, 2015 Listed by Betsy Hines REALTORS®, LLC $350,000
Listed by Betsy Hines REALTORS®, LLC
Nov 2, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,539
  • Total Building Area: 1,260
  • Gross Building Area: 2,450
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marshfield School District
  • School Tax School District: MARSHFIELD SD
  • Census Tract: 506103

Zoning

  • Zoning: R-3

Geography

  • Parcel: MARS M:0M09 B:0002 L:0005
  • Block: 2
  • Lot: 5
  • Municipality: MARSHFIELD
  • Latitude: 42.0997
  • Longitude: -70.6556

    Address

  • Full Address: 622 Ocean St
  • Address - House Number: 622
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $687,400

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 717,159
  • High Value: 835,536
  • Low Value: 598,782

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,600
  • Assessed Land Value: $359,600
  • Assessed Improvements Value: $302,000

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Jul 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57875
  • Previous Sale Recording Date: Jan 11, 2016
  • Previous Sale Amount: $345,000
  • 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 Ocean Bluff-Brant Rock

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$488

Above Asking

0.00%

Average Days on Market

62

Average Home Size

1565 ft²

Average Home Age

89.8 years

Currently For Sale

9 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# 72503230

Frequently Asked Questions

When was property at 622 Ocean Street built and last sold?
The property at 622 Ocean Street was built in 1960 and last sold on Jul 24, 2019 for $479,500.
How much is this home worth?
The estimated value of the home located at 622 Ocean Street is $485,405.
What are some comparable homes to 622 Ocean Street?
There are currently no comparable homes to 622 Ocean Street.
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