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Falmouth 02540
92 Mariners Ln
$650,000
● House - Off Market

92 Mariners Ln

Falmouth, MA 02540
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,809 Ft²
$1,059,643
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Downtown Falmouth/Surf Drive Beach.This is an adorable classic cape home with a one car garage, 3-4 bedrooms, 2 full baths. Fireplaced living room, eat-in kitchen, 2 bedrooms and a full bath complete the fist floor. The second floor has 2 bedrooms and a full bath.  Great southern exposure in the front yard. This home is located less than a half mile to Surf Drive Beach and about the same to Falmouth Harbor. Rare offering in this price range on a very sought after road. Lenders would require flood insurance. Don't wait!
Unit Size
1,809 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$359
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72125507)

Price History

Date / Event Date Event Price
Apr 21, 2017 Sold
Premium
Sold
Mar 2, 2017 Listed by William Raveis R.E. & Home Services $649,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 7
  • Basement Area: 728
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,627
  • Total Building Area: 2,145
  • Gross Building Area: 4,024
  • Building Area: 2,145
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,145
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014900

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 47 S:06 P:052 L:027
  • Lot: 27
  • Municipality: FALMOUTH
  • Latitude: 41.5456
  • Longitude: -70.6171

    Address

  • Full Address: 92 Mariners Ln
  • Address - House Number: 92
  • Address - Street Name: Mariners
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Falmouth
  • Carrier Code: C002
  • 4-Digit Zip Code: 2712
  • Zip Code: 02540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $640,400

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,317,147
  • High Value: 1,604,626
  • Low Value: 1,029,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $925,400
  • Assessed Land Value: $499,300
  • Assessed Improvements Value: $426,100

    Sales

  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19317
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 Falmouth

Stats & Trends

Median Asking:

$1,075,000

Sale Price/ft²

$613

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2147 ft²

Average Home Age

84 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 72125507

Frequently Asked Questions

When was property at 92 Mariners Lane built and last sold?
The property at 92 Mariners Lane was built in 1955 and last sold on Jan 1, 1970 for $690,000.
How much is this home worth?
The estimated value of the home located at 92 Mariners Lane is $685,981.
What are some comparable homes to 92 Mariners Lane?
There are currently no comparable homes to 92 Mariners Lane.
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