18 West Rd #309 Orleans — Photo 1 of 12
$238,177
Investment Analysis — 18 West Rd #309
Orleans, MA 02653
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-bedroom in 02653 carries an estimated $2,130/mo in gross rent — about a 1.98% cap rate and $4,706/yr in estimated NOI at the $238,177 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,168
Style
Condominium
Built
2005
DEED RESTRICTED AFFORDABLE SALE! APPLICATIONS ARE ACCEPTED ON A FIRST-COME, FIRST-SERVED BASIS. Welcome to 18 West Road in Orleans, a wonderful 62+ active living community with many amenities and a great location. This two bedroom, two bathroom home on the third floor has a brand new refrigerator and washer and dryer, in addition to a parking space, storage space, concierge services, and more! The condo fee covers so much: Heat, Water, Basic Cable, Electricity, Master Insurance, Elevator, Landscaping, Snow Removal, Exercise Room, Extra Storage, and Refuse Removal. If you are looking for a great home on the Cape in a 62+ community, look no further! Subject to application & lottery process. Income Limits Apply: 1 Person: $79,100 2 Person: $90,400 3 Person: $101,700; Asset Limit of $275,000. Must be owner occupied. Buyer must either be a first time homebuyer or have sold their current home before closing.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: David Gasser
Listing Office: CHAPA Portfolio Realty LLC
MLS® Number: 73544414
