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Buzzards Bay 02532
8 Alderberry Rd
$245,000
● House - Off Market

8 Alderberry Rd

Bourne, MA 02532
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,348 Ft²
$397,068
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Cape style home with 4 bedrooms and 2 baths, on .28 acres located in a neighborhood.  Gas heat, pine floors, and newer title V septic.  Shed on property, gardens need attention.  Close to beach and parks.  Queen Sewell pond and Buttermilk Bay are within the neighborhood.  This is an estate sale and the property is being sold in "as is" condition, it may not qualify for some financing programs.
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$185
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1947

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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 #72179795)

Price History

Date / Event Date Event Price
Sep 2, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Robert Paul Properties, Inc. $469,000
Listed by Robert Paul Properties, Inc.
Aug 25, 2017 Sold
Premium
Sold
Jun 9, 2017 Listed by Robert Paul Properties, Inc. $249,000
Listed by Robert Paul Properties, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 11,979
  • Total Building Area: 1,348
  • Gross Building Area: 1,820
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013700

Zoning

  • Zoning: R40

Geography

  • Account Number: 3830
  • Parcel: BOUR M:19.4 P:212
  • Municipality: BOURNE
  • Latitude: 41.754
  • Longitude: -70.6097

    Address

  • Full Address: 8 Alderberry Rd
  • Address - House Number: 8
  • Address - Street Name: Alderberry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: C006
  • 4-Digit Zip Code: 3002
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $354,600
  • Initial Tax Delinquent Year: 2014

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 555,464
  • High Value: 683,759
  • Low Value: 427,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,200
  • Assessed Land Value: $172,500
  • Assessed Improvements Value: $269,700

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1438461
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 54
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 Buzzards Bay

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1547 ft²

Average Home Age

35.6 years

Currently For Sale

16 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# 72179795

Frequently Asked Questions

When was property at 8 Alderberry Road built and last sold?
The property at 8 Alderberry Road was built in 1947 and last sold on Sep 2, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 8 Alderberry Road is $479,533.
What are some comparable homes to 8 Alderberry Road?
There are currently no comparable homes to 8 Alderberry Road.
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