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Barnstable 02642
720 School House Rd
$345,000
● Land - Off Market

720 School House Rd

Eastham, MA 02642
bedrooms
Studio
bathrooms
0 Bath
$1,883
Est. Monthly

About This Property

Great opportunity for buyer/investor. Property being offered as land in its current condition. Buyer to perform any/all inspections. Level lot with bungalow that needs to be torn down. Only .7 miles to Rail Trail, 1.1 miles to Salt Pond Visitors Center, 1.9 miles to Nauset Light Beach. Location is convenient to many restaurants and beaches. Please use caution when walking the property, do not access the structure.
Unit Size
-
Days on Market
-
Land Size
0.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
$164
HOA Dues
-
Year Built
1949

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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 months ago (MLSPIN #73214063)

Price History

Date / Event Date Event Price
Jul 1, 2024 Temporarily off market -
Temporarily off market
Jun 28, 2024 Sold
Premium
Sold
Apr 10, 2024 In contract -
In contract
Apr 2, 2024 Relisted $350,000
Relisted
Mar 22, 2024 In contract -
In contract
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 720
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nauset School District
  • Census Tract: 010306

Zoning

  • Zoning: RESIDE

Geography

  • Account Number: 2732
  • District: 86
  • Parcel: EAST M:0009 L:0068-A
  • Lot: 68-A
  • Municipality: EASTHAM
  • Latitude: 41.8483
  • Longitude: -69.9708

    Address

  • Full Address: 720 School House Rd
  • Address - House Number: 720
  • Address - Street Name: School House
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Eastham
  • Carrier Code: R002
  • 4-Digit Zip Code: 3013
  • Zip Code: 02642

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $197,000

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 346,198
  • High Value: 421,484
  • Low Value: 270,912

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $281,000
  • Assessed Land Value: $277,300
  • Assessed Improvements Value: $3,700

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30937
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 Barnstable

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$500

Above Asking

0.31%

Average Days on Market

63

Average Home Size

2287 ft²

Average Home Age

56.7 years

Currently For Sale

922 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: 5 months ago
Data Source: MLS PIN, MLS# 73214063

Frequently Asked Questions

When was property at 720 Schoolhouse Road built and last sold?
The property at 720 Schoolhouse Road was built in 1949 and last sold on May 3, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 720 Schoolhouse Road is $353,500.
What are some comparable homes to 720 Schoolhouse Road?
There are currently no comparable homes to 720 Schoolhouse Road.
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