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West Wareham 02576
14 Megansett Drive
$180,000
● House - Off Market

14 Megansett Drive

Wareham, MA 02576
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,204 Ft²
$269,101
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Attention contractors and investors, don't miss this renovation opportunity just in time for the upcoming hot spring market!  This 3 bedroom Ranch is conveniently located just minutes from highway access in a small family neighborhood abutting a park/ball field. The home has been cleaned out and kitchen gutted leaving an open canvas ready for your custom design choices.  Layout offers a true open concept kitchen/dining/living room, 3 bdrms plus a front to back bonus room with slider and backyard access creating countless floorplan possibilites including additional bedroom, great room, formal dining or office space.  Priced for an "as-is" sale and easy to show,  hurry to take advantage of this great flip opportunity.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$149
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72455044)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
Mar 21, 2019 Sold
Premium
Sold
Feb 20, 2019 Listed by Northeast Properties $179,900
Listed by Northeast Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,204
  • Gross Building Area: 2,520
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wareham School District
  • School Tax School District: WAREHAM SD
  • Census Tract: 545100

Geography

  • Parcel: WARE M:0105A B:000 L:00152
  • Lot: 152
  • Municipality: WAREHAM
  • Latitude: 41.8008
  • Longitude: -70.7485

    Address

  • Full Address: 14 Megansett Dr
  • Address - House Number: 14
  • Address - Street Name: Megansett
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Wareham
  • Carrier Code: R002
  • 4-Digit Zip Code: 1110
  • Zip Code: 02576

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,700

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 422,425
  • High Value: 504,959
  • Low Value: 339,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $374,600
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50268
  • Previous Sale Recording Date: Mar 21, 2019
  • Previous Sale Contract Date: Mar 20, 2019
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Wareham

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1651 ft²

Average Home Age

70.4 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72455044

Frequently Asked Questions

When was property at 14 Megansett Drive built and last sold?
The property at 14 Megansett Drive was built in 1973 and last sold on Jun 28, 2019 for $283,000.
How much is this home worth?
The estimated value of the home located at 14 Megansett Drive is $181,927.
What are some comparable homes to 14 Megansett Drive?
There are currently no comparable homes to 14 Megansett Drive.
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