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Ocean Bluff-Brant Rock 02050
736 Ocean St
$430,000
● House - Off Market

736 Ocean St

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
983 Ft²
$583,488
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

**LOCATION, LOCATION, LOCATION!!!!   Large  corner lot, tons of parking, 3 houses to Fieldston beach!  Smell the ocean breezes! Imagine a blank slate...watch HGTV and let your imagine go! Bundles of opportunity abound! Upstairs  is insulated, unheated,  with electric, currently being used for storage. 2 newer windows in attic. (Additional 965 SF upstairs   )House is in need of rehab/total remodel,  but tenant is currently living there, Newer roof. Tons of outdoor storage if you're a contractor, roofer etc. POSSIBILITIES ARE ENDLESS!  Any reasonable offer will be entertained!
Unit Size
983 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$560
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1951

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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 #73054247)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Nov 14, 2022 In contract -
In contract
Nov 2, 2022 Listed by Molisse Realty Group $550,000
Listed by Molisse Realty Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 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: 7,841
  • Total Building Area: 728
  • Gross Building Area: 1,848
  • Building Area: 728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marshfield School District
  • School Tax School District: MARSHFIELD SD
  • Census Tract: 506206

Zoning

  • Zoning: R-3

Geography

  • Parcel: MARS M:0L09 B:0021 L:0003
  • Block: 21
  • Lot: 3
  • Municipality: MARSHFIELD
  • Latitude: 42.102
  • Longitude: -70.6599

    Address

  • Full Address: 736 Ocean St
  • Address - House Number: 736
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 3700
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $455,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 475,182
  • High Value: 583,288
  • Low Value: 367,076

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,200
  • Assessed Land Value: $359,900
  • Assessed Improvements Value: $78,300

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100377
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 Ocean Bluff-Brant Rock

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$488

Above Asking

0.00%

Average Days on Market

62

Average Home Size

1565 ft²

Average Home Age

89.8 years

Currently For Sale

9 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# 73054247

Frequently Asked Questions

When was property at 736 Ocean Street built and last sold?
The property at 736 Ocean Street was built in 1951 and last sold on Nov 29, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 736 Ocean Street is $546,594.
What are some comparable homes to 736 Ocean Street?
There are currently no comparable homes to 736 Ocean Street.
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