$1,945,000
Eastham, MA 02642
MLS# 22400138
Status: Closed
3921 sqft
1 / 20
Property Description
Great seasonal income opportunity: 12 unit inn/short term rentals in Eastham, close to National Seashore Visitor Center and beaches. Updated two-story building. 8 units are efficiency suites with full kitchens and baths, 4 units are guest rooms with baths. One suite could be used as owner/manager living quarters. Sunny, heated in-ground pool, and terrific summer cottage-like spaces, ideal for weekly rentals as well as other short-term rental options. Conveniently located to ocean and bay beaches, hiking, biking, paddle boarding, golf, shopping, fun and fine dining options. Deeded water access 100 yards down the hill to Town Cove for launching kayak or canoe. New shed with office, laundry, and storage. Large basement for additional storage. Ample guest parking. Strong financials, currently operates as a seasonal business with opportunity for growth and longer shoulder seasons. Financials available to qualified buyers with NDA.
Details
Maps
Contract Info
List Price/SqFt: 548.33
Status: Closed
Original List Price: 2150000
Sold Price: $1,945,000
Current Price: $1,945,000
List Date: 2024-01-15
Legal and Taxes
Town: Eastham
Village: Eastham
Estimated Annual Taxes: 4036
Building Assessments: 273400
Other Assessments: 29200
Total Assessment: 575800
Title Reference - Book: 31957
Title Reference - Page: 311
Flood Ins Required: No
Lead Base Paint: Unknown
Mass Use Code: 10 - Multiple Use Property
Nitrogen Sensitive Area: No
Street #: 25
Street Name: Seaview
Street Suffix: Road
County: Barnstable
State: MA
Zip Code: 02642
Tax ID: 18-33-0
Tax Year: 2024
General Property Info
Region: Outer Cape
Primary Sub-Type: Hotel/Motel
School District: Nauset
Zoning: A
Renovated: Yes
# of Buildings: 1
Year Renovated: 2020
Stories: 2
Field Card SqFt: 1900
Additional Finished Space: 2021
# of Units: 12
Additional SqFt Source: Public Records
Condo: No
Business w/Real Estate: Yes
Lot Size SqFt: 43560
Lot Size Source: Field Card
Acres: 1
Golf Course Front: No
Golf Course View: No
Waterfront: No
Waterview: No
Residential Units: No
Commercial Units: No
Industrial Units: No
Total # Industrial Units: 7
Property Includes Recording Devices: No
Total Finished Space: 3921
Year Built: 1960
Remarks & Misc
Public Remarks: Great seasonal income opportunity: 12 unit inn/short term rentals in Eastham, close to National Seashore Visitor Center and beaches. Updated two-story building. 8 units are efficiency suites with full kitchens and baths, 4 units are guest rooms with baths. One suite could be used as owner/manager living quarters. Sunny, heated in-ground pool, and terrific summer cottage-like spaces, ideal for weekly rentals as well as other short-term rental options. Conveniently located to ocean and bay beaches, hiking, biking, paddle boarding, golf, shopping, fun and fine dining options. Deeded water access 100 yards down the hill to Town Cove for launching kayak or canoe. New shed with office, laundry, and storage. Large basement for additional storage. Ample guest parking.
Strong financials, currently operates as a seasonal business with opportunity for growth and longer shoulder seasons. Financials available to qualified buyers with NDA.
Directions to Property: Route 6 East, right onto Shore Road, left onto Seaview Road. Follow signs for ''The Seagrove''
Status Change Info
Concessions: No
Estimated Selling Date: 2024-05-22
Sold Price/SqFt: 496.05
SP/AV: 3.38
Under Contract Date: 2024-03-31
Sold Date: 2024-05-23
Sold Price: $1,945,000
Special Listing Cond
None: 1
Security Features
Fire Alarm: 1
Prewired: 1
Security System: 1
Location Description
East of Route 6: 1
Lot Features
Cleared: 1
Easements: 1
Level: 1
Private: 1
Basement Description
Bulkhead Access: 1
Finished: 1
Locked Storage: 1
Partial: 1
Building/Business
Business Name: The Seagrove
Business Operating: Yes
Present Use
Hotel/Motel: 1
Parking Features
Driveway: 1
Guest: 1
Off Street: 1
Business Includes
Business Includes Comments: Room contents; business name, website, guest info, email & social media accounts
Business Name: 1
Equipment: 1
Owner Training: 1
Foundation Details
Concrete Perimeter: 1
Convenient To
Bike Path: 1
Conservation Area: 1
Golf Course: 1
Major Highway: 1
School: 1
Convenient to Water Body 1: Coast Guard Beach
Convenient to Water Body 2: Nauset Light Beach
Convenient to Water Body 3: First Encounter Bch
Floors
Laminate: 1
Tile: 1
Walls
Paneled: 1
Sheet Rock: 1
Wood: 1
Utilities
Cable: 1
Electricity: 1
High Speed Internet: 1
Sewer
Septic Tank: Title V Grade Level
Building Const
Wood Frame: 1
Exterior Features
Sign: 1
Building Features
Outdoor Shower: 1
Private Yard: 1
Roof Description
Asphalt: 1
Pitched: 1
Siding Description
Clapboard: 1
Shingle: 1
Heating
Electric: 1
Cooling
Other: 1
Fuel Type
Oil: 1
Propane: 1
Water
Well: 1
Hot Water
Water Heater: 1
Hot Water Source
Electric: 1
Oil: 1
Propane Gas: 1
Seasonal
Fall: 1
Spring: 1
Summer: 1
Gas
No Gas: 1
Miscellaneous
CATV - All: 1
Dining Area - Some: 1
Insulated Doors - All: 1
Screens - All: 1
Storm Doors - All: 1
Storm Windows - All: 1
TV - All: 1
Laundry
Dryer - Gas: 1
Utility Room: 1
Washer: 1
Furnished Common Fts
Outside Storage: 1
Pool: 1
Rec Area: 1
Baths
Full - All: 1
Property Features
Special Listing Cond: None
Security Features: Fire Alarm; Prewired; Security System
Location Description: East of Route 6
Present Use: Hotel/Motel
Business Includes: Business Name; Equipment; Owner Training
Lot Features: Cleared; Easements; Level; Private
Parking Features: Driveway; Guest; Off Street
Convenient To: Bike Path; Conservation Area; Golf Course; Major Highway; School
Floors: Laminate; Tile
Walls: Paneled; Sheet Rock; Wood
Foundation Details: Concrete Perimeter
Basement Description: Bulkhead Access; Finished; Locked Storage; Partial
Building Const: Wood Frame
Building Features: Outdoor Shower; Private Yard
Roof Description: Asphalt; Pitched
Siding Description: Clapboard; Shingle
Heating: Electric
Cooling: Other
Fuel Type: Oil; Propane
Water: Well
Hot Water: Water Heater
Hot Water Source: Electric; Oil; Propane Gas
Seasonal: Fall; Spring; Summer
Utilities: Cable; Electricity; High Speed Internet
Gas: No Gas
Miscellaneous: CATV - All; Dining Area - Some; Insulated Doors - All; Screens - All; Storm Doors - All; Storm Windows - All; TV - All
Laundry: Dryer - Gas; Utility Room; Washer
Furnished Common Fts: Outside Storage; Pool; Rec Area
Baths: Full - All
Listing Office: Inn Advisors
Listing Agent: Marco DiDomizio
Last Updated: September - 29 - 2024
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