Last Sold Price
4 beds1,725 sqft$159/sqft
65 Oak Neck Rd,ย Barnstable, MAย 02601

Description

Looking for a Cape Cod investment property.... this is it! Why buy a single family or duplex as an investment? This four-unit, multifamily generates $3,500 a month in rent with low, low over head. The four, 1 bed, 1 bath units have taxes and expenses that are comparable to a single family home, but you're collecting four rents. Owner has put in new electrical, vinyl siding, bathrooms and that is why each unit is currently occupied with long time tenants on long term leases. Run the numbers, lookLooking for a Cape Cod investment property.... this is it! Why buy a single family or duplex as an investment? This four-unit, multifamily generates $3,500 a month in rent with low, low over head. The four, 1 bed, 1 bath units have taxes and expenses that are comparable to a single family home, but you're collecting four rents. Owner has put in new electrical, vinyl siding, bathrooms and that is why each unit is currently occupied with long time tenants on long term leases. Run the numbers, look
LISTING CLOSED: 09/23/2013 12:00 AM

  1. Listed by Leo Doyle โ€ข Oceanside Realty Group, Inc.

Property Details for 65 Oak Neck Road

Status
MLS #
71550042
Days on Market
79
Taxes
$2,898 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 4 Family
Year Built
1939
Town
Barnstable
MLS Area
Hyannis
Area
MA-Barnstable-Hyannis, MA-Barnstable
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Oceanside Realty Group, Inc., Leo Doyle

Sold By Oceanside Realty Group, Inc., Leo Doyle

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Building Information for 65 Oak Neck Road

Stories4Residences4Year Built1939Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,634 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,393

Property Taxes

$242

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 65 Oak Neck Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 1725.0
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen)
Exterior Features
  • Lot Description: Corner Lot
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:307 L:262,2220712
  • Assessments: $271,900
  • Book: 17901
  • Tax Year: 2012
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Block
  • Foundation Area: 1700.0
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $42,000.00
  • GRE: $8,937
  • NOI: $33,063.00
  • Operating Expense: $8,937.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 0
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 3%
  • Other Agent Compensation: 2%

Property History for 65 Oak Neck Road

DateEvent & SourcePriceAppreciation
Sep 23, 2013

Sold (Public Record)

Public Record #369578948

$274,000

+1.5% / yr

Sep 23, 2013

Sold

MLS PIN #71550042

$274,000โ€”
Aug 19, 2013

Under Agreement

MLS PIN #71550042

โ€”
DateEvent & SourcePrice
09/23/2013

Sold (Public Record)

Public Record #369578948

$274,000

+1.5% / yr

09/23/2013

Sold

MLS PIN #71550042

$274,000
08/19/2013

Under Agreement

MLS PIN #71550042

โ€”

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 65 Oak Neck Road

Taxable ValueLand$139,600Additions$384,900Total$524,500
Tax Record2025$4,862 ($405 / month)
Home Facts
Baths4Total Finished SqFt1,350 SqFtAbove Grade Finished SqFt1,350 SqFtStories2Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)Year Built1939ZoningRCountyBARNSTABLEAPNHYAN M:307 L:262

Schools near 65 Oak Neck Road

This home is within Barnstable School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 7
Public - 8 to 12
Rating
School
Distance
Hyannis West Elementary School
PublicK to 3

Barnstable United Elementary School
Public4 to 5

Barnstable Intermediate School
Public6 to 7

Barnstable High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Oceanside Realty Group, Inc., Leo Doyle

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.