$315,000
●
Condo -
Off Market
659 Bridge Road #B
Eastham, MA 02642
3 Beds
2 Baths
1,883 Ft²
$551,250
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Remarks: Awesome investment, rental opportunity and summer
get-away! This sunny and spacious 3-bedroom, 2 bath town house has
three finished levels with the walkout lower level offering a large
family room and an additional sleeping area for guests or a home
office. The bright living room features a cathedral ceiling,
skylights, a floor to ceiling brick fireplace, sliders to a large
deck and very private back yard with marsh views. The second level
has an open loft area with a good size bath and 2 bedrooms. There
is also a 2nd floor deck for enjoying the serenity with an
extraordinary view. Short walk to the beach and a short drive to
Orleans dining and shopping. This property is priced below the
assessed value and needs some updating which the low price reflects
Unit Size
1,883 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$199
Property Type
Condo
Property Taxes
$266
HOA Dues
$320
Year Built
1986
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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 #72473894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2019 | Listed by Cape Wide Properties | $375,000 | |
| Listed by Cape Wide Properties | |||
| | |||
|
Remarks: Awesome investment, rental opportunity and summer get-away! This sunny and spacious 3-bedroom, 2 bath town house has three finished levels with the walkout lower level offering a large family room and an additional sleeping area for guests or a home office. The bright living room features a cathedral ceiling, skylights, a floor to ceiling brick fireplace, sliders to a large deck and very private back yard with marsh views. The second level has an open loft area with a good size bath and 2 bedrooms. There is also a 2nd floor deck for enjoying the serenity with an extraordinary view. Short walk to the beach and a short drive to Orleans dining and shopping. This property is priced below the assessed value and needs some updating which the low price reflects
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Off Street, Unpaved
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet
Door Features: Storm Door(s)
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1883
Year Built Source: Public Records
Year Built: 1986
Waterfront Features: Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Area Total: 1883
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 1.4
Lot Size Units: Acres
Lot Size Acres: 1.4
Lot Size Square Feet: 60983
Water Source: Public
Financial Details
Tax Assessed Value: $386,400
Tax Annual Amount: $3,195
Utilities Details
Cooling Type: Ductless
Heating Type: Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Reserve Funds
HOA Fee: $320
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2019
|
3 Bed
|
2 Bath
|
1883 ft²
|
$375,000
3 Bed
2 Bath
1883 ft²
|
$315,000
-16.00%
06/18/2019
|
Richard Stock
Today Real Estate, Inc.
| |
|
06/14/2018
| |
3 Bed
|
2 Bath
|
1883 ft²
|
$365,000
3 Bed
2 Bath
1883 ft²
|
$315,000
-13.70%
06/18/2019
|
Joseph M Aucoin
|
|
10/31/2007
|
3 Bed
|
2 Bath
|
1883 ft²
|
$389,000
3 Bed
2 Bath
1883 ft²
|
$365,000
-6.17%
06/05/2008
|
Donna Gemborys
Kinlin Grover Compass
|
Building Info
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