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Mashpee Neck 02649
7 Cutlass Lane
$345,000
● House - Off Market

7 Cutlass Lane

Mashpee, MA 02649
bedrooms
2 Beds
bathrooms
1 Bath
square feet
600 Ft²
$396,185
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Great opportunity to own this charming ranch in a waterfront community. Pirate's Cove offers three small beaches, picnic area and boating access to Mashpee River and Popponessett Bay. The interior boasts an open living room, kitchen area, two bedrooms, full bath, enclosed porch  and a large deck. This is a wonderful location just a short ride to  Mashpee Commons. A perfect Cape Cod retreat!
Unit Size
600 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$582
Property Type
House
Property Taxes
$181
HOA Dues
$135
Year Built
1962

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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 years ago (MLSPIN #72878639)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Aug 9, 2021 Listed by Bowen Real Estate of Cape Cod $349,000
Listed by Bowen Real Estate of Cape Cod
Aug 22, 2017 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1977
  • 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: 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: 10,498
  • Total Building Area: 600
  • Gross Building Area: 872
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mashpee School District
  • School Tax School District: MASHPEE SD
  • Census Tract: 015100

Zoning

  • Zoning: R3

Geography

  • Account Number: 6881
  • Parcel: MASH M:90 B:69 L:0
  • Block: 69
  • Municipality: MASHPEE
  • Latitude: 41.601
  • Longitude: -70.4695

    Address

  • Full Address: 7 Cutlass Ln
  • Address - House Number: 7
  • Address - Street Name: Cutlass
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Mashpee
  • Carrier Code: R004
  • 4-Digit Zip Code: 3820
  • Zip Code: 02649

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $212,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,200
  • Assessed Land Value: $206,500
  • Assessed Improvements Value: $96,700

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62174
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Amount: $205,000
  • 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 Mashpee Neck

Stats & Trends

Median Asking:

$1,195,000

Sale Price/ft²

$520

Below Asking

0.01%

Average Days on Market

59

Average Home Size

3902 ft²

Average Home Age

21.7 years

Currently For Sale

3 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 years ago
Data Source: MLS PIN, MLS# 72878639

Frequently Asked Questions

When was property at 7 Cutlass Lane built and last sold?
The property at 7 Cutlass Lane was built in 1962 and last sold on Sep 16, 2021 for $345,000.
How much is this home worth?
The estimated value of the home located at 7 Cutlass Lane is $352,167.
What are some comparable homes to 7 Cutlass Lane?
There are currently no comparable homes to 7 Cutlass Lane.
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