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SOLD 2/16/2016

1283 Ocean Street, Marshfield, MA 02050$780,000

8
beds
8
baths
6448
ft2
· 20037
ft2 lot
$121 / ft2

Listing provided courtesy of Listing Broker: Colin Moynihan, Atlantic Properties
Source MLS PIN;
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Eight large 1BR apartments with private balconies. Fully Leased with below market rents. On site coin laundry provides additional income and there is large storage units in basement for each tenant. Residents are entitled to local beach parking sticker & have access to all Marshfield Beaches. Plenty of parking and located just 1 mile from town center. Quick access to Route 3, Boston & Cape Cod. Gas Heat & Town Water/Sewer & building has its Lead Certs.

HOA

$—/month

On market

14 days

Year built

1970

Property type

5 9 Family

Parking

25

MLS

71945676

Price / Sq.Ft.

$121 / ft2

Status

Sold

Home details for 1283 Ocean Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Kitchen, Living RM/Dining RM Combo, Kitchen, Living RM/Dining RM Combo, Kitchen, Living RM/Dining RM Combo, Kitchen, Living RM/Dining RM Combo
•   
Common Rooms: Laundry
•   
Total Levels: 2, 6, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 1, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 4
•   
Total Rooms: 20, 32, 20
Interior Features
•   
Electric Details: 220 Volts
•   
Utility Description: Heat, Electric, Gas, Water, Hot Water, Heat, Electric, Gas, Water, Hot Water, Heat, Electric, Gas, Water, Hot Water, Heat, Electric, Gas, Water
•   
Interior Features: Storage, Balcony/Deck, Bathroom With Tub & Shower, Open Floor Plan, Slider, Wall to Wall Carpet, Balcony/Deck, Bathroom With Tub & Shower, Wall to Wall Carpet, Balcony/Deck, Bathroom With Tub & Shower, Wall to Wall Carpet, Balcony/Deck, Bathroom With Tub & Shower, Wall to Wall Carpet
Heating & Cooling
•   
Heating Description Unit4: Hot Water Baseboard, Gas
•   
Heating Description Unit 1: Hot Water Baseboard, Gas
•   
Heating Description Unit2: Hot Water Baseboard, Gas
•   
Heating Description Unit3: Hot Water Baseboard, Gas
Appliances
•   
Hot Water: Natural Gas
•   
Unit 4 Appliances: Range, Dishwasher, Disposal, Refrigerator
•   
Unit 3 Appliances: Range, Dishwasher, Disposal, Refrigerator
•   
Unit 2 Appliances: Range, Dishwasher, Disposal, Refrigerator
•   
Unit 1 Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring
•   
Unit 4 Floor Level: 1
Bedrooms Info
•   
Total Beds: 8
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 8, 8
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Ocean
•   
Beachfront
•   
Beach Ownership: Public
Community Info
•   
Total Units In Complex: 8
Exterior Features
•   
Color: White
•   
Building Exterior Details: Aluminum, Balcony
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Golf Course, Highway Access, Public School
Lot Info
•   
Zoning: Condo-Apt
•   
Year Round
•   
Lot Description: Paved Drive
•   
Acres: 0.46
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Poured Concrete
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate
•   
Water/Sewer Built: 2891
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Finished
Parking Info
•   
Parking Descriptions: Common, Paved Driveway
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 2891, City/Town Sewer
Utilities
•   
Electric: 2985
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 5000
•   
Fin Code: Cash
•   
Finances Source: Owner Provided
•   
Operating Expense: 12/20
Listing Info
•   
Offline Listing Number: 2215698
•   
Status: Sold
Lease Info
•   
Gross Revenue: 39386
•   
Gross Income: 88670
•   
Net Operating Income: 49284
•   
Rme: 3500
•   
Monthly Rent Unit 1: 920
•   
Monthly Rent Unit 2: 920
•   
Mgf: 5250
•   
Monthly Rent Unit 3: 920
•   
Monthly Rent Unit 4: 920
•   
Total Rent: 4600
•   
Gross Expenses: 5960
•   
Rfs: 1800
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 705600.00
•   
Taxes: 9377.42
Listing Contacts
•   
Selling Agent: CN213216
School Neighborhood & Directions
Location
•   
Street Number: 1283
•   
Map Book: 34224
•   
Beach Distance: 1 to 2 Mile
•   
Map Page: 190
•   
Directions: (Google Maps) Route 3 to Exit 12 onto Route 139 East
•   
Road Type: Public
Other
Other
•   
Main So: A48101
Calculation
•   
Price Per Sqft: 120.97
•   
List Price Per Sqft: 134.77
•   
Sold Price Per Sqft: 120.97
•   
Cdom Property: 14
•   
Cdom Broker: 14
•   
Cdom: 14

Neighborhood snapshot

31
Properties for sale
17.5
Median days on market
$328.68
Median sold price/sqft
103.89%
Sold/List %
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walk score® :

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Property History for 1283 Ocean Street

02/01/2019
02/01/2019
Public Record
sold
Public Record
$1,440,000
+48.45%
04/18/2017
04/18/2017
Public Record
sold
Public Record
$970,000
+24.36%
02/19/2016
02/19/2016
MLS PIN #71945676
sold
MLS PIN #71945676
$780,000
02/16/2016
02/16/2016
Public Record
sold
Public Record
$780,000

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