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North Falmouth 02556
8 Eldredge Dr
$1,550,000
● House - Off Market

8 Eldredge Dr

Falmouth, MA 02556
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$2,032,007
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Huge price adjustment, Stunning panoramic water view with everchanging sunsets. Waterfront  3 bedroom 2 bath ranch  Passed Title V  In flood zone x, so no special insurance etc. Nearly half an acre with a great poured concrete foundation plus a 2 car garage, updated heating system, forced hot air, central cooling, generator and natural gas. Very large footprint with a finished area of 1,568 square feet.  That doesn't include the garage and patios (2) Come see the view and bring your creative ideas to make this house your Cape Cod home.Optional beach front parcel available for purchase with this property in addition to it's own waterfront
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$1,142
Property Type
House
Property Taxes
$1,138
HOA Dues
-
Year Built
1977

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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 #72818857)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Kinlin Grover Compass $1,790,000
Listed by Kinlin Grover Compass

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1995
  • 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: 18
  • 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: 1,568
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,257
  • Total Building Area: 1,568
  • Gross Building Area: 4,288
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000488
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014300

Zoning

  • Zoning: RB

Geography

  • Parcel: FALM 04 S:03 P:010 L:000A
  • Lot: A
  • Municipality: FALMOUTH
  • Latitude: 41.6485
  • Longitude: -70.6344

    Address

  • Full Address: 8 Eldredge Dr
  • Address - House Number: 8
  • Address - Street Name: Eldredge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Falmouth
  • Zip Code: 02556

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,366,300

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 2,104,931
  • High Value: 2,565,131
  • Low Value: 1,644,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,974,400
  • Assessed Land Value: $1,588,400
  • Assessed Improvements Value: $386,000

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63563
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 North Falmouth

Stats & Trends

Median Asking:

$1,190,000

Sale Price/ft²

$558

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2520 ft²

Average Home Age

61.7 years

Currently For Sale

12 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 years ago
Data Source: MLS PIN, MLS# 72818857

Frequently Asked Questions

When was property at 8 Eldredge Drive built and last sold?
The property at 8 Eldredge Drive was built in 1977 and last sold on Sep 27, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 8 Eldredge Drive is $1,740,573.
What are some comparable homes to 8 Eldredge Drive?
There are currently no comparable homes to 8 Eldredge Drive.
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