$480,000
●
Condo -
Off Market
86 Forest Glade #86
Falmouth, MA 02536
2 Beds
2 Baths,
1
Half Bath
1,343 Ft²
$501,268
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
If you are looking for a condo for year round living or summer fun,
look no further than Falmouthport. It is a waterfront community
located on Great Pond & includes 2 assoc. docks where you can
launch your kayak or be picked up by your favorite boat buddy.
At the waters edge you will enjoy the benefits of a recently
renovated clubhouse and salt water pool overlooking the waterway
with its boat activity. In addition there are 4 tennis/3
pickle ball courts & 2.5 miles of walking /jogging paths. #86
is a bright & airy unit and is ideally located
near the complex amenities and has been beautifully maintained.
Updates over the years include: 2014 new gas furnace, kitchen with
granite counters. In 2018 attic insulation was added, a local
antenna, kitchen tile backsplash, new windows and a slider in 2019.
The complex added a new roof & chimney cap in 2022. The unit
is heated by gas and has central air.The first floor has an open
floor concept with wood burning fireplace & a 1/2 bath.
Unit Size
1,343 Ft²
Days on Market
-
Land Size
42.00 acres
Price per sqft
$354
Property Type
Condo
Property Taxes
$200
HOA Dues
$516
Year Built
1974
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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: 6 months ago (MLSPIN #73040102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Oct 11, 2022 | In contract | - | |
| In contract | |||
| Sep 22, 2022 | Listed by Kinlin Grover Compass | $475,000 | |
| Listed by Kinlin Grover Compass | |||
| Mar 30, 2017 | Sold | ||
| Sold | |||
| Nov 30, 2016 | Listed by Keller Williams Realty | $289,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Terrific opportunity to buy an updated, two bedroom, two and a half bath townhome in FalmouthPort. Eat-in kitchen with granite, separate raised dining area, and living room with sliders opening to a private, fenced-in patio. Two oversized bedrooms with multiple closets, and each with ensuite bathroom. More space and storage in the unfinished basement, so you can store all of your bicycles, kayaks, tennis racquets and swim gear to use in this lovely waterfront community with association pool, tennis, two docks, clubhouse, and more!
| |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Guest, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Tile, Carpet, Laminate
Laundry Features: Electric Dryer Hookup
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1343
Year Built Source: Public Records
Year Built: 1974
Waterfront Features: Waterfront, Pond, Lake/Pond, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Name: Falmouthport
Building Area Total: 1343
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Patio - Enclosed
Pool is Private
Lot Size Area: 42
Lot Size Units: Acres
Lot Size Acres: 42
Lot Size Square Feet: 1829520
Tax Lot: 005
Water Source: Public
Financial Details
Tax Map Number: 33
Tax Assessed Value: $297,400
Tax Annual Amount: $2,394
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Trail(s), Boat Dock, Clubhouse
HOA Fee: $516
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2022
|
2 Bed
|
3 Bath
|
1343 ft²
|
$499,000
2 Bed
3 Bath
1343 ft²
|
$480,000
-3.81%
11/22/2022
|
Susan Keleher
Kinlin Grover Compass
| |
|
09/20/2022
| |
2 Bed
|
3 Bath
|
1343 ft²
|
$499,000
2 Bed
3 Bath
1343 ft²
|
$480,000
-3.81%
11/22/2022
|
Susan W Keleher
Kinlin Grover Real Estate
|
|
11/30/2016
|
2 Bed
|
3 Bath
|
1343 ft²
|
$289,000
2 Bed
3 Bath
1343 ft²
|
$288,000
-0.35%
03/30/2017
|
Susan Keleher
Kinlin Grover Compass
| |
|
01/16/2015
|
2 Bed
|
3 Bath
|
1343 ft²
|
$279,000
2 Bed
3 Bath
1343 ft²
|
$279,000
04/03/2015
|
Lynne Gariepy
William Raveis R.E. & Home Services
| |
|
07/18/2012
|
2 Bed
|
3 Bath
|
1343 ft²
|
$265,000
2 Bed
3 Bath
1343 ft²
|
$265,000
05/14/2013
|
Stephen Clay
Real Estate Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017