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Teaticket 02536
87 Chestnut St
$305,000
● House - Off Market

87 Chestnut St

Falmouth, MA 02536
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$537,927
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Sought after Maravista area!! This property offers every aspect of a summer lifestyle full of fun, sun and salt water breezes. Newly updated 2 bedroom ranch with brand new kitchen/bath and freshly painted with new hardwood floors throughout. Enjoy the sights and sounds of nature in the private backyard or rinse off the salt and sand in the outdoor vinyl enclosed shower. For the outdoor enthusiasts, Launch your boat/ kayak from the quiet private beach on Great Bay with breathtaking views and deep water access to Nantucket Sound or join your neighbors and friends at the beach only 1 mile away. All new interior/exterior doors, new heating system 2006, all windows maintenance free vinyl replacements. Not located in Flood Zone.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$314
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
1960

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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 #71972006)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
Mar 14, 2016 Listed by Bluefin Properties $316,900
Listed by Bluefin Properties
Apr 7, 2015 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,008
  • Gross Building Area: 2,016
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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 39A S:16 P:000 L:091
  • Lot: 91
  • Municipality: FALMOUTH
  • Latitude: 41.5621
  • Longitude: -70.5866

    Address

  • Full Address: 87 Chestnut St
  • Address - House Number: 87
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Teaticket
  • Carrier Code: C001
  • 4-Digit Zip Code: 6704
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $303,200

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 662,185
  • High Value: 817,338
  • Low Value: 507,032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,100
  • Assessed Land Value: $166,100
  • Assessed Improvements Value: $272,000

    Sales

  • Current Sale Recording Date: Jun 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1297917
  • Previous Sale Recording Date: Apr 07, 2015
  • Previous Sale Amount: $220,000
  • 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 Teaticket

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1762 ft²

Average Home Age

45 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71972006

Frequently Asked Questions

When was property at 87 Chestnut Street built and last sold?
The property at 87 Chestnut Street was built in 1960 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 87 Chestnut Street is $326,916.
What are some comparable homes to 87 Chestnut Street?
There are currently no comparable homes to 87 Chestnut Street.
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