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Bourne 02532
9 Old Monument Neck Road
$394,000
● House - Off Market

9 Old Monument Neck Road

Bourne, MA 02532
bedrooms
2 Beds
bathrooms
1 Bath
square feet
915 Ft²
$374,310
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Lovely Ranch home offers one level living. Eat in kitchen with pantry has French doors leading to sunken three season room. The family room is a comfortable spot to relax or gather with family and friends. The slider off the family room leads to a sunny deck and spacious back yard for cookouts and summertime fun. The living room has hardwood floors and a fireplace. Both bedrooms offer hardwood flooring and closets. There is a full basement for expansion. The one car garage has extra space for storing tools, canoes bikes or kayaks, and has a side entrance to the breezeway off of the family room. Furnishings included. This property is walking and biking distance to the Cape Cod Canal and bike path. Convenient to both bridges, shopping and restaurants. Seller is asking for 60 day closing..
Unit Size
915 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$393
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1977

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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 #73011686)

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Stellar Real Estate LLC $359,900
Listed by Stellar Real Estate LLC
Jul 23, 2010 Sold
Premium
Sold
Mar 18, 2010 Listed by Stellar Real Estate LLC $214,900
Listed by Stellar Real Estate LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,824
  • Total Building Area: 1,008
  • Gross Building Area: 2,304
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANA H OMAN
  • Land Acres: 0000000501
  • 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: 4838
  • Parcel: BOUR M:23.4 P:32 E:1
  • Municipality: BOURNE
  • Latitude: 41.7398
  • Longitude: -70.6066

    Address

  • Full Address: 9 Old Monument Neck Rd
  • Address - House Number: 9
  • Address - Street Name: Old Monument Neck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 5410
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $301,600

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 56
  • Final Value: 421,807
  • High Value: 514,345
  • Low Value: 329,268

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $376,000
  • Assessed Land Value: $169,100
  • Assessed Improvements Value: $206,900

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47217
  • Previous Sale Recording Date: Jul 23, 2010
  • Previous Sale Amount: $199,000
  • 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 Bourne

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$454

Below Asking

0.03%

Average Days on Market

60

Average Home Size

1923 ft²

Average Home Age

58.4 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# 73011686

Frequently Asked Questions

When was property at 9 Old Monument Neck Road built and last sold?
The property at 9 Old Monument Neck Road was built in 1977 and last sold on Sep 22, 2022 for $394,000.
How much is this home worth?
The estimated value of the home located at 9 Old Monument Neck Road is $354,347.
What are some comparable homes to 9 Old Monument Neck Road?
There are currently no comparable homes to 9 Old Monument Neck Road.
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