$530,000
●
Condo -
Off Market
7 Executive Drive #7
Mashpee, MA 02649
2 Beds
2 Baths,
1
Half Bath
1,765 Ft²
$504,784
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
WELCOME HOME! This turnkey "Nantucket" style home is situated in
the premier 55+ community of Southport located in Mashpee, MA on
Cape Cod. This home has been meticulously maintained by the
current owners. First floor living complete with a master suite!
The spacious upstairs offers a second master to host family and
friends, a bonus room and an open loft that creates even more
space. The kitchen has been updated with beautiful new
stainless steel appliances! Living room with a gas fireplace
creates a great space to entertain and has access to your large 3
season porch with separate outside entrance. Need even more
space? Head downstairs to the full basement that could be finished
or kept unfinished for storage. This home is in close proximity to
Mashpee Commons for shopping/restaurants and Rt 151 for easy access
to Rt 28. The Southport community has lots of amazing amenities
including a private golf course, indoor/outdoor pools and tennis
courts. All you have to do is MOVE IN!
Unit Size
1,765 Ft²
Days on Market
-
Land Size
-
Price per sqft
$283
Property Type
Condo
Property Taxes
$255
HOA Dues
$630
Year Built
-
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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 #72960074)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by LAER Realty Partners | $499,000 | |
| Listed by LAER Realty Partners | |||
| | |||
|
WELCOME HOME! This turnkey "Nantucket" style home is situated in the premier 55+ community of Southport located in Mashpee, MA on Cape Cod. This home has been meticulously maintained by the current owners. First floor living complete with a master suite! The spacious upstairs offers a second master to host family and friends, a bonus room and an open loft that creates even more space. The kitchen has been updated with beautiful new stainless steel appliances! Living room with a gas fireplace creates a great space to entertain and has access to your large 3 season porch with separate outside entrance. Need even more space? Head downstairs to the full basement that could be finished or kept unfinished for storage. This home is in close proximity to Mashpee Commons for shopping/restaurants and Rt 151 for easy access to Rt 28. The Southport community has lots of amazing amenities including a private golf course, indoor/outdoor pools and tennis courts. All you have to do is MOVE IN!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Common, Off Street, Deeded, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Balcony - Interior, Lighting - Overhead, Cable Hookup, Loft, Bonus Room
Appliances: Range, Dishwasher, Microwave, Refrigerator, Rangetop - ENERGY STAR
Flooring Type: Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
Door Features: Storm Door(s), Insulated Doors
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1765
Security Features: Security Gate, Security System
Year Built Source: Public Records
Year Built: 2000
Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Name: Southport
Building Area Total: 1765
Building Area Units: Square Feet
Window Features: Insulated Windows, Skylight
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 288
Water Source: Public
Financial Details
Tax Map Number: 65
Tax Assessed Value: $381,400
Tax Annual Amount: $3,063
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA/Condo/Coop Amenities: Pool, Golf Course, Tennis Court(s), Recreation Facilities, Fitness Center, Trail(s), Clubhouse
HOA Fee: $630
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 |
|---|---|---|---|---|---|---|---|
|
03/31/2022
|
2 Bed
|
3 Bath
|
1765 ft²
|
$499,000
2 Bed
3 Bath
1765 ft²
|
$530,000
+6.21%
06/14/2022
|
Stephanie Lundy
Farrelly Realty Group
| |
|
01/24/2019
|
2 Bed
|
3 Bath
|
1800 ft²
|
$369,000
2 Bed
3 Bath
1800 ft²
|
$350,000
-5.15%
05/03/2019
|
Leonard O Leary
Seagrass Realty
| |
|
01/19/2018
|
2 Bed
|
3 Bath
|
1800 ft²
|
$379,900
2 Bed
3 Bath
1800 ft²
|
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Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017