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Ocean Bluff-Brant Rock 02050
623 Ocean St
$251,000
● House - Off Market

623 Ocean St

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
600 Ft²
$396,519
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Cozy cottage located in Ocean Bluff!!!   In need of some repair and updating. Large lot for possible expansion.  Very short distance to beach. Why rent when you can own? A little sweat equity will be worth it. Great condo alternative or investment property near beach! Conveniently located near Brant Rock shops, restaurants, beach, tennis, and boating! 5th room is small heated porch.
Unit Size
600 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$415
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72213702)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Sep 29, 2017 Sold
Premium
Sold
Aug 15, 2017 Listed by Molisse Realty Group $249,000
Listed by Molisse Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 8,656
  • Total Building Area: 600
  • Gross Building Area: 768
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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: 506206

Zoning

  • Zoning: R-3

Geography

  • Parcel: MARS M:0L09 B:0014 L:0010
  • Block: 14
  • Lot: 10
  • Municipality: MARSHFIELD
  • Latitude: 42.0995
  • Longitude: -70.656

    Address

  • Full Address: 623 Ocean St
  • Address - House Number: 623
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 3803
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 408,506
  • High Value: 485,477
  • Low Value: 331,535

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $354,500
  • Assessed Land Value: $280,500
  • Assessed Improvements Value: $74,000

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118007
  • Previous Sale Recording Date: Sep 29, 2017
  • Previous Sale Amount: $251,000
  • 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# 72213702

Frequently Asked Questions

When was property at 623 Ocean Street built and last sold?
The property at 623 Ocean Street was built in 1950 and last sold on Oct 15, 2021 for $334,000.
How much is this home worth?
The estimated value of the home located at 623 Ocean Street is $251,652.
What are some comparable homes to 623 Ocean Street?
There are currently no comparable homes to 623 Ocean Street.
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