488 State Rd Plymouth, MA 02360
- Office Properties & Spaces
- 1,247 SF
Current Use by Public Records
- Mark F. Andrews, CPA, LLC / Accountant / Certified Public Accountant
- Your Way Automotive Inc. / Auto Market
- Brendan Michael Music / Musician
- Integrity First Real Estate Rodney Finlay, Broker / Real Estate Agency
- John Drywall & Painting / Dry Wall Contractor
Property Details for 488 State Rd
- Year built
- 1986
- Construction
- FRAME
- Property size
- 1,247 SF
- Zone code
- NC
- Property type
- Office Properties & Spaces
- APN
- PLYM M:0044 B:0000 L:0015-1A
- APU
- PLYMM0044B0000L00151A
Description
This exceptional 1,126 square foot office condo in Plymouth, MA, presents a remarkable opportunity. Situated on a 2.3-acre lot, this property boasts a unique two-story layout with a walk-out lower level. The first floor features attractive laminate flooring, while the upper level and lower level are carpeted. The unit is equipped with electric heat and central air conditioning, ensuring year-round comfort. Recent upgrades include a new exterior AC unit, a replacement front picture window, and new laminate flooring on the first floor (installed last year). The lower level offers the convenience of two half bathrooms shared with unit 4. This prime location offers easy access to all amenities, with the added benefit of proximity to Whitehorse Beach. Ample parking is available on-site. The monthly HOA fee of $262 covers master insurance, snow removal in common areas, landscaping, water, and sewer. This property is priced significantly below its assessed value, making it an exceptional investment opportunity. Don't miss this chance to own a well-maintained, conveniently located office condo in a desirable Plymouth setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $160,000
- 6.5%
- $160,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $195,000
- Geo Method
- $145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $175,000
- Mixed-Use
- $175,000
- Hospitality
- $160,000
- Educational
- $170,000
- Residential Income
- $190,000
- Energy
- $160,000
- Income-Based Land
- $195,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.5716
- Latitude
- 41.9254
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA