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Sagamore 02561
85 Cranberry Hwy
$315,000
● House - Off Market

85 Cranberry Hwy

Bourne, MA 02561
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,041 Ft²
$364,700
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Located at the base of the Sagamore Bridge- commuters dream. One level living, 3 bedrooms, 1 bath, large lot with detached 2 car garage. Basement good for storage or workshop. Roof, siding, oil tank all less than 5 years old. Updated kitchen with stainless appliances.
Unit Size
1,041 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$288
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1925

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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 #72787814)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Feb 17, 2021 Listed by Coldwell Banker Realty - Norwell $299,900
Listed by Coldwell Banker Realty - Norwell
Jan 3, 2020 No longer available -
No longer available
Nov 7, 2019 Relisted $269,000
Relisted
Nov 3, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 14,400
  • Total Building Area: 836
  • Gross Building Area: 2,037
  • Building Area: 836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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: 2058
  • Parcel: BOUR M:11.4 P:112
  • Municipality: BOURNE
  • Latitude: 41.7708
  • Longitude: -70.54

    Address

  • Full Address: 85 Cranberry Hwy
  • Address - House Number: 85
  • Address - Street Name: Cranberry
  • Address - Suffix Type: Hwy
  • State: MA
  • City Name: Sagamore
  • Carrier Code: R777
  • 4-Digit Zip Code: 1221
  • Zip Code: 02561

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $269,100

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 412,093
  • High Value: 499,570
  • Low Value: 324,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $335,500
  • Assessed Land Value: $141,000
  • Assessed Improvements Value: $194,500

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29270
  • Previous Sale Recording Date: May 04, 2004
  • Previous Sale Amount: $245,000
  • 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 Sagamore

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2707 ft²

Average Home Age

43 years

Currently For Sale

5 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# 72787814

Frequently Asked Questions

When was property at 85 Cranberry Highway built and last sold?
The property at 85 Cranberry Highway was built in 1925 and last sold on Apr 29, 2021 for $315,000.
How much is this home worth?
The estimated value of the home located at 85 Cranberry Highway is $0.
What are some comparable homes to 85 Cranberry Highway?
There are currently no comparable homes to 85 Cranberry Highway.
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