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Teaticket 02536
8 Oak Ridge
$290,000
● House - Off Market

8 Oak Ridge

Falmouth, MA 02536
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$574,958
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Wow! A spacious, clean & bright ranch in desirable Teaticket Path water community. Quick access to water, and close to town. Not much to do here - the hardwood floors were just refinished and the interior of the house has been freshly painted. Offers an open floor plan with spacious living room with fireplace, open to dining/kitchen area with french door to back deck. There's a large family room with wood beams and bay windows. Other features include low maintenance vinyl siding, a newer roof (1.5 yrs), central A/C, and title 5 septic (new leach field being installed). Buyers/Agents should verify all information herein.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$221
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71686962)

Price History

Date / Event Date Event Price
Jul 18, 2014 Sold
Premium
Sold
May 26, 2014 Listed by RE/MAX Spectrum $309,900
Listed by RE/MAX Spectrum
Oct 9, 2006 Sold
Premium
Sold
Aug 15, 2006 Sold
Premium
Sold
Apr 6, 2006 Listed by RE/MAX Spectrum $359,000
Listed by RE/MAX Spectrum

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • 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: 19
  • 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: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 1,400
  • Gross Building Area: 2,890
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014700

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 34 S:09 P:023 L:032
  • Lot: 32
  • Municipality: FALMOUTH
  • Latitude: 41.5675
  • Longitude: -70.5807

    Address

  • Full Address: 8 Oak Ridge Rd
  • Address - House Number: 8
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Teaticket
  • Carrier Code: C002
  • 4-Digit Zip Code: 5840
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $292,900

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 655,687
  • High Value: 794,246
  • Low Value: 517,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,200
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $267,400

    Sales

  • Current Sale Recording Date: Jul 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31752
  • Previous Sale Recording Date: Aug 15, 2006
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: 27
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 Teaticket

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1474 ft²

Average Home Age

54.9 years

Currently For Sale

8 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# 71686962

Frequently Asked Questions

When was property at 8 Oak Ridge Road built and last sold?
The property at 8 Oak Ridge Road was built in 1984 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 8 Oak Ridge Road is $333,786.
What are some comparable homes to 8 Oak Ridge Road?
There are currently no comparable homes to 8 Oak Ridge Road.
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