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Buzzards Bay 02532
67 Lewis Point Rd
$649,000
● House - Off Market

67 Lewis Point Rd

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$821,705
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Oceanfront home with its own private sandy beach & dramatic ocean views of beautiful Buttermilk Bay just steps from the back door.  Lewis Point is an exclusive peninsula surrounded by sandy shores and the Atlantic Ocean. The homes on Lewis Point do not become available often. This 3 bed, 1.5 bath Ranch sits high above its own private beach, boasting incredible views of the bay and a cool sea breeze. Sliders out to the deck allow for relaxing and quietly enjoying the stunning seascape from the back patio. A cozy fireplace, 1st floor laundry, walk out basement & .6 acre lot make this a great opportunity to live in one of Bourne's finest neighborhoods. New owners have the option to join an additional neighborhood beach and boat ramp association. No Showings until Saturday afternoon July 25th.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$487
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1979

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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 #72695640)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by Belsito & Associates Inc. $599,900
Listed by Belsito & Associates Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 26,441
  • Total Building Area: 1,232
  • Gross Building Area: 3,120
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000607
  • 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: 2765
  • Parcel: BOUR M:14.4 P:15
  • Municipality: BOURNE
  • Latitude: 41.7607
  • Longitude: -70.6113

    Address

  • Full Address: 67 Lewis Point Rd
  • Address - House Number: 67
  • Address - Street Name: Lewis Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C003
  • 4-Digit Zip Code: 5611
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 985,264
  • High Value: 1,169,328
  • Low Value: 801,199

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $864,800
  • Assessed Land Value: $507,300
  • Assessed Improvements Value: $357,500

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1404676
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:

$550,000

Sale Price/ft²

$450

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1564 ft²

Average Home Age

40.9 years

Currently For Sale

15 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# 72695640

Frequently Asked Questions

When was property at 67 Lewis Point Road built and last sold?
The property at 67 Lewis Point Road was built in 1979 and last sold on Aug 20, 2020 for $649,000.
How much is this home worth?
The estimated value of the home located at 67 Lewis Point Road is $606,859.
What are some comparable homes to 67 Lewis Point Road?
There are currently no comparable homes to 67 Lewis Point Road.
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