Seasonal Studio Condo in Dennis, MA on Lovely Cape Cod

$179,900
1
1
234
sq. ft.
$769
per sq ft
Heated sq ft: 234 sq ft
Avg Nightly Rate: $81
Home Legally Sleeps: 2
Occupancy Rate: 41 weeks
Annual Gross Income : 8300
Annual Net Operating Income : 1900
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Beach
New Construction: Inquire
Days on Vrolio: 296

Property Description

Seasonal hotel-style studio condo in West Dennis, Massachusetts on lovely Cape Cod. Central location, close to the water. HoA and town zoning are friendly to STR. Two year rental history available upon request. Sold furnished. Low HoA fee of $175/mo includes pool maintenance, landscaping, utilities (except internet).

Presented by:
Agent:
Jessica Larsen
Keller Williams Realty Cape Cod & ColonialPartners
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 121
Low: 52
Peak: 121
Special Event: 100
Avarage: 81.00
Furniture Age
5
Est Value of Furnishings
$1,000
Peak & High Seasons
May, June, July, August, September, October
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
No
Reason for Selling
To pursue other ventures
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
8300
Net Operating Income
1900
Stories
1
Additional Indoor Rooms
Other
Appliances
Electric appliances, Half stove, Microwave, Refrigerator
Heating/Cooling
No Heat, Wall Unit A/C
Floor Coverings
Laminate Wood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1964
Outdoor Features
Inground Pool
View
Canyon
Backyard Exposure
Southwest
Lot Size
Condo total dedicated deeded square footage 242 Condo interior base area = 234 square feet Condo patio = 78 square feet Condo Association lot = 1.21 acres
Community Features
Community Pool(s), Other
Tax Amount/Year
$430
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Community Pool(s), Other
Mandatory HOA
Inquire
Home Legally Sleeps:
2
Onsite Parking
1 dedicated parking space
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
Yes, Owner must be registered with MassTaxConnect to pay consolidated rooms tax https://www.mass.gov/info-details/room-occupancy-excise-tax Local permits are overseen by the Dennis Board of Health
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$14.45
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
3 Years
Occupancy Rate
41
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$25.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
Listing with Vacasa not currently live, no bookings in place at this time.
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$90.00
Licesnes & Permits (Annual)
$0.50
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
Inquire
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$4.80
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$430.00
Homeowner's Insurance (Annual)
$336.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$2,064.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Keller Williams Realty Cape Cod & ColonialPartners, 774-722-4631

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