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Ocean Bluff-Brant Rock 02050
83 Towne Way
$170,000
● House - Off Market

83 Towne Way

Marshfield, MA 02050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
530 Ft²
$273,031
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Remarkable opportunity to own a house for less than $200,000.00. This cozy beach house is located in a great neighborhood and needs your touches to bring it to it's original charm.  Showings begin Saturday.
Unit Size
530 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$339
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1950

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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 #72386177)

Price History

Date / Event Date Event Price
Nov 13, 2018 Sold
Premium
Sold
Aug 30, 2018 Listed by Keller Williams Realty Signature Properties $179,900
Listed by Keller Williams Realty Signature Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 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: 5,027
  • Total Building Area: 674
  • Gross Building Area: 1,066
  • Building Area: 674
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 674
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 506205

Zoning

  • Zoning: R-3

Geography

  • Account Number: CHK
  • Parcel: MARS M:0K10 B:0016 L:0054
  • Block: 16
  • Lot: 54
  • Municipality: MARSHFIELD
  • Latitude: 42.1043
  • Longitude: -70.6747

    Address

  • Full Address: 83 Towne Way
  • Address - House Number: 83
  • Address - Street Name: Towne
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Marshfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 6730
  • Zip Code: 02050

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $457,400

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 458,045
  • High Value: 550,899
  • Low Value: 365,191

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,200
  • Assessed Land Value: $297,800
  • Assessed Improvements Value: $142,400

    Sales

  • Current Sale Contract Date: Nov 01, 2018
  • Current Sale Recording Date: Nov 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 778495
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:

$749,950

Sale Price/ft²

$491

Above Asking

0.00%

Average Days on Market

63

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72386177

Frequently Asked Questions

When was property at 83 Towne Way built and last sold?
The property at 83 Towne Way was built in 1950 and last sold on Nov 1, 2018 for $170,000.
How much is this home worth?
The estimated value of the home located at 83 Towne Way is $181,246.
What are some comparable homes to 83 Towne Way?
There are currently no comparable homes to 83 Towne Way.
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