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Barnstable 02534
9 Olofson Dr
$410,000
● House - Off Market

9 Olofson Dr

Bourne, MA 02534
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,464 Ft²
$622,055
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

$30,000 Price Drop for this sprawling Cape with spacious rooms and the ever popular open flow has just been meticulously updated with a complete interior professional paint job, refinished gleaming wood floors throughout, new kitchen and bath countertop resurfacing, new lighting fixtures and a completely new 4 bedroom septic system with loam and seed in place...Large 1st floor Master ensuite with generous walk in closet & private full bath...Large 37' long kitchen & family room combo w/ wood fireplace, slider to back deck, large living room and dining room complete the main level...2 sprawling front to back 2nd floor bedrooms with a 4th Br that could be a den or large home office, 23' deep hallway cedar closet & a full bath complete the 2nd level.
Unit Size
2,464 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$177
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1976

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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 #72511146)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Jun 3, 2019 Listed by Sotheby's International Realty $435,000
Listed by Sotheby's International Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,013
  • Total Building Area: 2,112
  • Gross Building Area: 4,034
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bourne School District
  • Census Tract: 014002

Zoning

  • Zoning: R40

Geography

  • Account Number: 11042
  • Parcel: BOUR M:51.4 P:81
  • Municipality: BOURNE
  • Latitude: 41.6626
  • Longitude: -70.6118

    Address

  • Full Address: 9 Olofson Dr
  • Address - House Number: 9
  • Address - Street Name: Olofson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Cataumet
  • Carrier Code: R777
  • 4-Digit Zip Code: 1049
  • Zip Code: 02534

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $443,600

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 733,188
  • High Value: 888,103
  • Low Value: 578,274

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $553,100
  • Assessed Land Value: $250,900
  • Assessed Improvements Value: $302,200

    Sales

  • Current Sale Contract Date: Jan 07, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15526
  • Previous Sale Recording Date: Jun 18, 2015
  • 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 Barnstable

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$497

Above Asking

0.31%

Average Days on Market

62

Average Home Size

2281 ft²

Average Home Age

55.7 years

Currently For Sale

893 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# 72511146

Frequently Asked Questions

When was property at 9 Olofson Drive built and last sold?
The property at 9 Olofson Drive was built in 1976 and last sold on Jan 7, 2020 for $410,000.
How much is this home worth?
The estimated value of the home located at 9 Olofson Drive is $485,639.
What are some comparable homes to 9 Olofson Drive?
There are currently no comparable homes to 9 Olofson Drive.
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