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Monument Beach 02532
7 Grissom Ln
$290,000
● House - Off Market

7 Grissom Ln

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
1 Bath
square feet
936 Ft²
$423,993
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Adorable and affordable, this cozy front-to-back split level home features a sunny kitchen, high ceilings and hardwood floors throughout the first floor. The second floor features three bedrooms and one bath, and the walkout lower level offers the opportunity to easily add additional square footage. The quiet neighborhood, large yard and convenient location make this home ideal for first time home buyers and down-sizers alike. Close to Monument Beach!
Unit Size
936 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$298
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1985

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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 #72429292)

Price History

Date / Event Date Event Price
Jan 25, 2019 Sold
Premium
Sold
Dec 3, 2018 Listed by Keller Williams Realty $279,000
Listed by Keller Williams Realty
Apr 13, 2010 Sold
Premium
Sold
Jan 10, 2010 Listed by Keller Williams Realty $244,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 12,981
  • Total Building Area: 936
  • Gross Building Area: 2,404
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 7481
  • Parcel: BOUR M:35.1 P:82
  • Municipality: BOURNE
  • Latitude: 41.7148
  • Longitude: -70.5975

    Address

  • Full Address: 7 Grissom Ln
  • Address - House Number: 7
  • Address - Street Name: Grissom
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C004
  • 4-Digit Zip Code: 4214
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $292,300

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 449,416
  • High Value: 554,374
  • Low Value: 344,459

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $364,500
  • Assessed Land Value: $182,700
  • Assessed Improvements Value: $181,800

    Sales

  • Current Sale Contract Date: Jan 21, 2019
  • Current Sale Recording Date: Jan 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3722
  • Previous Sale Recording Date: Apr 13, 2010
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: 27
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 Monument Beach

Stats & Trends

Median Asking:

$627,250

Sale Price/ft²

$359

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1994 ft²

Average Home Age

31.2 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72429292

Frequently Asked Questions

When was property at 7 Grissom Lane built and last sold?
The property at 7 Grissom Lane was built in 1985 and last sold on Jan 21, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 7 Grissom Lane is $283,325.
What are some comparable homes to 7 Grissom Lane?
There are currently no comparable homes to 7 Grissom Lane.
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