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Pocasset 02559
724 County Rd
$120,000
● Land - Off Market

724 County Rd

Bourne, MA 02559
bedrooms
Studio
bathrooms
0 Bath
$232,667
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Rare opportunity to acquire a beautiful, affordable, buildable lot in Pocasset. This clear, level lot is bordered with mature trees for privacy and offers town water, natural gas and electricity. Just 1 mile off Route 28, it's conveniently located near the intersection of Barlow's Landing Road. Only 1.2 miles to the town beach/boat ramp/pier and Pocasset Golf Club is about 1 mile away. The antique barn/cottage on the property is unsuitable for occupancy (tear down) and to be sold 'AS IS'. Build your year round dream house or a fabulous summer vacation home on Cape Cod!
Unit Size
-
Days on Market
-
Land Size
0.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
$121
HOA Dues
-
Year Built
1900

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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 #71805638)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Mar 24, 2015 Listed by Realty Executives Boston West $129,900
Listed by Realty Executives Boston West

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 13,591
  • Total Building Area: 596
  • Gross Building Area: 596
  • Building Area: 596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 596
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 014002

Zoning

  • Zoning: R40

Geography

  • Account Number: 8439
  • Parcel: BOUR M:39.0 P:49
  • Municipality: BOURNE
  • Latitude: 41.6951
  • Longitude: -70.6053

    Address

  • Full Address: 724 County Rd
  • Address - House Number: 724
  • Address - Street Name: County
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pocasset
  • Zip Code: 02559

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $153,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 251,847
  • High Value: 304,591
  • Low Value: 199,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $191,900
  • Assessed Land Value: $166,200
  • Assessed Improvements Value: $25,700

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21694
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 Pocasset

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$554

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2317 ft²

Average Home Age

58.6 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71805638

Frequently Asked Questions

When was property at 724 County Road built and last sold?
The property at 724 County Road was built in 1900 and last sold on Jan 1, 1970 for $120,000.
How much is this home worth?
The estimated value of the home located at 724 County Road is $131,199.
What are some comparable homes to 724 County Road?
There are currently no comparable homes to 724 County Road.
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