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Sagamore 02562
8 Noreast Dr
$350,000
● House - Off Market

8 Noreast Dr

Bourne, MA 02562
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,088 Ft²
$622,942
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

If you are looking for a lovely four bedroom in a fabulous neighborhood - this could be the home for you!  Located down a beautiful street in Sagamore Beach, this picture perfect home has been lovingly maintained by its original owners.  Roof was replaced in 2005, heating system two years ago and hot water heater one year ago.  The home features a lovely private back yard with storage shed, beautiful landscaping, and attached two car garage.  Inside you will find first floor with family room with fireplace, open kitchen and dining, living room and first floor laundry room.  Upstairs there is a large master suite with three additional bedrooms. The house needs cosmetic updates but is well worth the investment!  Call today for your private showing.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$168
Property Type
House
Property Taxes
$267
HOA Dues
$65
Year Built
1989

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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 #71832362)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Sep 18, 2020 Listed by Coldwell Banker Residential Brokerage - Plymouth $575,000
Listed by Coldwell Banker Residential Brokerage - Plymouth
Jun 30, 2015 Sold
Premium
Sold
May 7, 2015 Listed by Coldwell Banker Residential Brokerage - Plymouth $349,900
Listed by Coldwell Banker Residential Brokerage - Plymouth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,290
  • Total Building Area: 2,088
  • Gross Building Area: 3,924
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013800

Zoning

  • Zoning: R40

Geography

  • Account Number: 380
  • Parcel: BOUR M:4.0 P:44
  • Municipality: BOURNE
  • Latitude: 41.7925
  • Longitude: -70.5374

    Address

  • Full Address: 8 Noreast Dr
  • Address - House Number: 8
  • Address - Street Name: Noreast
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Sagamore Beach
  • Carrier Code: R002
  • 4-Digit Zip Code: 2500
  • Zip Code: 02562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,000

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 786,213
  • High Value: 985,105
  • Low Value: 587,322

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $700,700
  • Assessed Land Value: $195,400
  • Assessed Improvements Value: $505,300

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67731
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: O
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 Sagamore

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$382

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2645 ft²

Average Home Age

41.5 years

Currently For Sale

10 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# 71832362

Frequently Asked Questions

When was property at 8 Noreast Drive built and last sold?
The property at 8 Noreast Drive was built in 1989 and last sold on Nov 24, 2020 for $560,000.
How much is this home worth?
The estimated value of the home located at 8 Noreast Drive is $573,887.
What are some comparable homes to 8 Noreast Drive?
There are currently no comparable homes to 8 Noreast Drive.
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