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12 Days on market

12 Eldridge Street Ext Bourne — Photo 1 of 41

$589,000

Investment Analysis — 12 Eldridge Street Ext

Bourne, MA 02532 — Monument Beach

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02532 carries an estimated $3,080/mo in gross rent — about a 4.14% cap rate and $24,395/yr in estimated NOI at the $589,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,344

Style

Single Family

Built

1985

Desirable Monument Beach Location! This Colonial-style home sits back from the road and offers a private backyard with a tree-lined buffer for added privacy. Enjoy outdoor living with a deck and hot tub area, complemented by beautifully updated stone retaining walls that enhance the property's curb appeal and functionality. The front of the home features low-maintenance vinyl siding, while inside you'll find a spacious front-to-back living room with a wood-burning fireplace. The kitchen opens to the dining area, creating a comfortable and functional gathering space. The second floor offers three bedrooms, a full bath, and walk-in attic storage. The lower level includes a one-car garage, storage space, and a finished bonus room ideal for a home office, gym, or flex space (no heat). Conveniently located just minutes from Monument Beach, the Cape Cod Canal, marinas, restaurants, and highway access. Portable generator included too! A wonderful opportunity to enter this sought-after neighborhood, build equity, and make the home your own while enjoying all this desirable coastal community has to offer.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 20,125 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.