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East Sandwich 02563
7 Chipman Rd
$680,000
● House - Off Market

7 Chipman Rd

Sandwich, MA 02563
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,582 Ft²
$3,887
Est. Monthly

About This Property

Come see this lovely Ranch home located close to town beaches and the Sandwich Boardwalk in Lovely Historic Sandwich. Chipman Road Borders Crows Farm. Home has 3 Bedrooms and 2 full Baths. Town field card lists 2 Bedrooms, but 2014 Septic design is for 3.  Home has been renovated beautifully without losing its charming features throughout. Home boasts Harwood flooring, wood burning fireplace in Living room, updated baths, large newly renovated main bedroom suite with Anderson slider to brick patio and beautifully renovated kitchen with tray ceilings. Situated on .56-acre lot, with mature plantings, private lush yard, Brick patio and walkways. There is a large detached 2 car garage and so much more to this wonderful property. Buyers and Buyers Agent to verify all information contained herein.
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$442
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #73244702)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
Jul 27, 2024 In contract -
In contract
Jul 21, 2024 Relisted $699,900
Relisted
Jun 29, 2024 In contract -
In contract
May 30, 2024 Listed by Greater Cape Cod Real Estate $699,900
Listed by Greater Cape Cod Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Area: 1,582
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 1,582
  • Gross Building Area: 2,164
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sandwich School District
  • School Tax School District: SANDWICH SD
  • Census Tract: 013400

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9609
  • Parcel: SAND M:0066 B:0052
  • Block: 52
  • Municipality: SANDWICH
  • Latitude: 41.7481
  • Longitude: -70.4823

    Address

  • Full Address: 7 Chipman Rd
  • Address - House Number: 7
  • Address - Street Name: Chipman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sandwich
  • Carrier Code: R001
  • 4-Digit Zip Code: 2223
  • Zip Code: 02563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,600
  • Assessed Land Value: $164,700
  • Assessed Improvements Value: $290,900

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1269196
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 East Sandwich

Stats & Trends

Median Asking:

$932,000

Sale Price/ft²

$536

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2949 ft²

Average Home Age

42.6 years

Currently For Sale

20 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: 5 months ago
Data Source: MLS PIN, MLS# 73244702

Frequently Asked Questions

When was property at 7 Chipman Road built and last sold?
The property at 7 Chipman Road was built in 1956 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 7 Chipman Road is $745,244.
What are some comparable homes to 7 Chipman Road?
There are currently no comparable homes to 7 Chipman Road.
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