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Bourne 02532
88 Old Dam Rd
$1,057,000
● House - Off Market

88 Old Dam Rd

Bourne, MA 02532
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,601 Ft²
$1,762,334
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Imagine this tranquility being yours. This 2+acre waterfront property at the head of the Back River offers spectacular views of sea and shore birds from two decks, changing light on the marsh and direct access to the water for boating and kayaking. This recently-built custom home offers a sound infrastructure, the latest in building products and handsome finishing touches such as faux-painted walls, crown molding, hardwood floors, cathedral ceiling in the dining area and living room, along with a double-sided gas fireplace serving both areas. In addition, on the main-floor is a master bedroom suite, eat-in cooks' kitchen, study with fireplace, powder room, laundry, and back hall to the 2-car garage. The upper floor offers two generous guest bedrooms, with views, 1.5 bathrooms and storage space.
Unit Size
2,601 Ft²
Days on Market
-
Land Size
2.13 acres
Price per sqft
$448
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
2004

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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 #72337976)

Price History

Date / Event Date Event Price
Sep 20, 2018 Sold
Premium
Sold
Jun 1, 2018 Listed by Sotheby's International Realty $1,165,000
Listed by Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,033
  • Total Building Area: 2,601
  • Gross Building Area: 5,177
  • Building Area: 2,601
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,601
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 013900

Zoning

  • Zoning: R40

Geography

  • Account Number: 16482
  • Parcel: BOUR M:26.2 P:115 E:1
  • Municipality: BOURNE
  • Latitude: 41.7333
  • Longitude: -70.6074

    Address

  • Full Address: 88 Old Dam Rd
  • Address - House Number: 88
  • Address - Street Name: Old Dam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 3750
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,142,300

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 1,635,174
  • High Value: 1,938,273
  • Low Value: 1,332,075

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,424,300
  • Assessed Land Value: $606,000
  • Assessed Improvements Value: $818,300

    Sales

  • Current Sale Recording Date: Sep 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 46400
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 Bourne

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$454

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2379 ft²

Average Home Age

58.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72337976

Frequently Asked Questions

When was property at 88 Old Dam Road built and last sold?
The property at 88 Old Dam Road was built in 2004 and last sold on Jan 1, 1970 for $1,057,000.
How much is this home worth?
The estimated value of the home located at 88 Old Dam Road is $1,159,405.
What are some comparable homes to 88 Old Dam Road?
There are currently no comparable homes to 88 Old Dam Road.
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