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Teaticket 02536
7 Oak Ridge Road
$305,000
● House - Off Market

7 Oak Ridge Road

Falmouth, MA 02536
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,683 Ft²
$699,804
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Looking for a home near the beach? One that has been updated?  This is a great opportunity for 1st time buyers, 2nd home, or downsizing.  It has a new roof, new windows, new exterior shingles and clapboard, new carpeting in bedrooms, hardwood flooring, updated bathrooms, corian kitchen counters, freshly painted.  It is just a short distance to private salt water beach and for he boaters, access to the ocean.  Title V in hand. Buyers to verify taxes, square footage and room dimensions.
Unit Size
1,683 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$193
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1973

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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 #71343936)

Price History

Date / Event Date Event Price
Jun 8, 2012 Sold
Premium
Sold
Feb 28, 2012 Listed by William Raveis R.E. & Home Services $325,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 962
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 1,684
  • Gross Building Area: 3,022
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014700

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 34 S:09 P:020 L:058
  • Lot: 58
  • Municipality: FALMOUTH
  • Latitude: 41.5676
  • Longitude: -70.5812

    Address

  • Full Address: 7 Oak Ridge Rd
  • Address - House Number: 7
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Teaticket
  • Carrier Code: C002
  • 4-Digit Zip Code: 5839
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,000

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 714,439
  • High Value: 865,414
  • Low Value: 563,464

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,300
  • Assessed Land Value: $156,700
  • Assessed Improvements Value: $269,600

    Sales

  • Current Sale Recording Date: Jun 08, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003

    Financing

  • First Mortgage Financing Type: UNK
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 Teaticket

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1471 ft²

Average Home Age

55.3 years

Currently For Sale

7 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# 71343936

Frequently Asked Questions

When was property at 7 Oak Ridge Road built and last sold?
The property at 7 Oak Ridge Road was built in 1973 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 7 Oak Ridge Road is $358,809.
What are some comparable homes to 7 Oak Ridge Road?
There are currently no comparable homes to 7 Oak Ridge Road.
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