131 Ocean Street, Hyannis, MA 02601

131 Ocean Street Hyannis MA 02601
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Owner Information
Owner 1
131 Ocean Street LLC
Owner 2
Owner's Address
28 Jacome Way Middletown, RI 00000
Market Sale Information
Most recent sale date
12/31/2019
Previous sale date
Transfer document #
32593-0283
Previous transfer document
1519-0565
Grantor
Cape Holiday Motel Inc
Previous grantor
Most recent sale price
$2,599,000.00
Previous sale price
$0.00
Site Information
Property ID
326-043
Lot Size
1.13
Use Code
301 - Motels
Zoning
HD
Building Style
Motel
Number of Rooms
Stories
2
Number of Beds
1
Year Built
1964
Number of full baths
0
Condition
Number of half baths
Finished Area
16212
Number of Kitchen
Gross Living Area
20967
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Flat
Heating type
Radiant
Roof Cover
Rolled Compos
Heating fuel
Typical
Frame type
WOOD FRAME
Air Condition (%)
Sidings
Vertical Sidin
Assessment Information
Fiscal Year
2024
Land Value
$932,300.00
Total value
$2,569,700.00
Building value
$1,574,800.00
Estimated tax
$25,511.00
Yard improvement value
$62,600.00
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Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 131 Ocean Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $160.31 Style Motel Age 1964 Rooms Bedrooms 1 Full baths 0 Half baths Gross Living Area 20967 Heating Fuel Typical Detached Garage Lot Size 1.13 Roof Cover Rolled Compos AEM Value - Building $1,574,800.00 AEM Value - Land $932,300.00 AEM Value - Other $62,600.00 AEM Value - Total $2,569,700.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 131 Ocean Street 12/31/2019 $2,599,000 0 Motel 16,212 1.13 1 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 131 Ocean Street 12/31/2019 $2,599,000 0 Motel 16,212 1.13 1 0- -
  Criteria
A 119 Ocean Street Unit 1 6/6/2013 $901,000 0.0 B&B/Inn 435 0 0 1-0
B 119 Ocean Street Unit 2 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
C 119 Ocean Street Unit 3 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
D 119 Ocean Street Unit 4 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
E 119 Ocean Street Unit 5 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
F 119 Ocean Street Unit 7 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
G 119 Ocean Street Unit 8 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
H 119 Ocean Street Unit 9 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
I 119 Ocean Street Unit 10 6/6/2013 $901,000 0.0 B&B/Inn 435 0 0 1-0
J 119 Ocean Street Unit 11 6/6/2013 $901,000 0.0 B&B/Inn 435 0 0 1-0
K 119 Ocean Street Unit 12 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
L 119 Ocean Street Unit 14 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
M 119 Ocean Street Unit 15 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
N 119 Ocean Street Unit 16 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
O 119 Ocean Street Unit 17 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
P 119 Ocean Street Unit 18 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
Q 119 Ocean Street Unit 19 6/6/2013 $901,000 0.0 B&B/Inn 336 0 0 1-0
R 119 Ocean Street Unit 20 6/6/2013 $901,000 0.0 B&B/Inn 435 0 0 1-0
S 119 Ocean Street Unit 21 & 22 6/6/2013 $1 0.0 Condo Office 1,592 0 2 2-0
T 149 Ocean Street 12/31/2019 $2,001,000 0.0 Motel 11,760 0.77 1 0-
U 111 Ocean Street 12/20/2019 $1 0.0 Apartments 2,753 0.45 5 2-0
V 159 Ocean Street 2/28/2011 $575,000 0.0 Finan Inst. 1,792 0.16 2 1-2
W 134 Ocean Street 8/18/1965 $0 0.0 Vacant Land 0.13 -
X 138 Ocean Street 4/15/1982 $225,000 0.1 Restaurant 3,806 0.17 0 0-
Y 120 Ocean Street 6/19/2003 $0 0.1 Commercial 1,878 0.72 0 0-
Z 165 Ocean Street 10/17/2002 $100 0.1 Restaurant 4,208 0.85 0 0-
- 101 Ocean Street 12/13/2022 $875,000 0.1 Cape Cod 1,496 0.46 3 2-1
- 0 Old Colony Road 11/26/1930 $0 0.1 Vacant Land 0.06 -
- 175 Ocean Street 3/12/2003 $100 0.1 Vacant Land 0.53 -
- 45 Bond Court 7/29/2002 $100 0.1 Vacant Land 0.76 -
- 365 Old Colony Road 11/26/1930 $0 0.1 Warehouse 1,068 4.29 -
- 135 South Street 7/15/1985 $2,950,000 0.1 Store 2,672 2.91 1 0-
- 180 Ocean Street 3/15/1929 $0 0.1 Vacant Land 1 -
- 225 South Street 10/5/2006 $0 0.1 Office/Apt 14,454 2.15 0 0-
- 0 Pleasant Street 5/24/2010 $435,000 0.1 Vacant Land 0.01 -
- 157 Pleasant Street 9/24/1984 $283,400 0.1 Commercial 1,428 0.37 0 0-
- 167 Pleasant Street 5/24/2010 $435,000 0.1 Vacant Land 0.11 -
- 149 Pleasant Street 12/28/2015 $100 0.1 Conventional 2,340 0.26 4 3-0
Averages 8126 days $631,521 0.05 --- 1,518 0.43 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
326-043 131 Ocean Street