Active
32 Days on market
54 Old Colony Way #U Orleans — Photo 1 of 14

54 Old Colony Way #U Orleans — Photo 1 of 14

$315,000

Investment Analysis — 54 Old Colony Way #U

Orleans, MA 02654

Based on HUD Small Area Fair Market Rent, a 1-bedroom in 02654 carries an estimated $2,200/mo in gross rent — about a 4.17% cap rate and $13,146/yr in estimated NOI at the $315,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

801

Style

Condominium

Built

1971

Overlooking Cape Cod Rail Trail. Thoughtfully appointed 1 BR, 801 sf of comfortable, single level living. Open, spacious LR & Din Area with slider to 13' deck. Lge bedrm fits king size bed with walk-in closet & access to deck. Remodeled bath showcases enlarged shower & excellent lighting. In unit stackable washer/dryer in hallway closet. 3rd flr with elevator access. Assigned parking immediately adjacent to the bldg. Positioned at rear of complex offering quiet setting removed from the bustle of Orleans Center...just 5-10 min walk to shops & dining. Professionally managed with monthly association fee of $453/mo. Pool and Clubhouse just steps away. Tastefully decorated and offered fully furnished with limited exclusions.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$315,000
Annual Taxes$1,482
HOA Fee$453

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingHeat Pump
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningLB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Shopping • Pool • Walk/Jog Trails • Public School

Geography

Floorplan Breakdown

Structural Layout

Main
Living RoomDining Room
Unknown
Master Bedroom
Living Room
Lvl Main

Deck - Exterior, Exterior Access, Open Floorplan, Slider

Dining Room
Lvl Main

Deck - Exterior, Exterior Access, Open Floorplan

Master Bedroom
Lvl null

Walk-In Closet(s), Deck - Exterior, Exterior Access

Listing Provided By

Listing Agent: Robert Sheldon

Listing Office: REMAX Coastal Properties

MLS® Number: 73561879