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East Harwich 02645
7 Old Heritage Way
$497,500
● House - Off Market

7 Old Heritage Way

Harwich, MA 02645
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,496 Ft²
$585,412
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

The original owners have lovingly maintained this East Harwich gem situated in a charming neighborhood. This home is perfect for year-round living or use as a summer home with easy access to shopping, schools and is centrally located to all the fun and beauty found on Cape Cod.  Red River Beach and Hawksnest State Park are close by with convenient access to Harwich, Chatham, and Brewster beaches and ponds. This three-bedroom, two-bath ranch has an open floor plan, beautiful hardwood floors, and a den with direct access to the enormous deck. Property is in move-in condition, with an opportunity for new owners to add their personal touch.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$351
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1986

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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 #72897056)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Sep 13, 2021 Listed by Cape Wide Properties $525,000
Listed by Cape Wide Properties

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1992
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,496
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,496
  • Gross Building Area: 3,674
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Monomoy Regional School District
  • School Tax School District: CAPE COD RGNL
  • Census Tract: 011200

Zoning

  • Zoning: R

Geography

  • Account Number: 9754
  • Parcel: HARW M:74 P:K2-2
  • Municipality: HARWICH
  • Latitude: 41.7032
  • Longitude: -70.027

    Address

  • Full Address: 7 Old Heritage Way
  • Address - House Number: 7
  • Address - Street Name: Old Heritage
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Harwich
  • Carrier Code: R008
  • 4-Digit Zip Code: 1330
  • Zip Code: 02645

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,600

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 677,891
  • High Value: 830,705
  • Low Value: 525,078

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,200
  • Assessed Land Value: $181,200
  • Assessed Improvements Value: $430,000

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1447070
  • Previous Sale Recording Date: Dec 12, 2008
  • Previous Sale Document Type: 48
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 Harwich

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$496

Below Asking

0.03%

Average Days on Market

61

Average Home Size

2277 ft²

Average Home Age

40.4 years

Currently For Sale

14 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# 72897056

Frequently Asked Questions

When was property at 7 Old Heritage Way built and last sold?
The property at 7 Old Heritage Way was built in 1986 and last sold on Dec 10, 2021 for $497,500.
How much is this home worth?
The estimated value of the home located at 7 Old Heritage Way is $0.
What are some comparable homes to 7 Old Heritage Way?
There are currently no comparable homes to 7 Old Heritage Way.
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