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Hampshire 01082
140 Shoreline Dr
$59,900
● Land - Off Market

140 Shoreline Dr

Ware, MA 01082
bedrooms
Studio
bathrooms
0 Bath
$87,733
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

A rare opportunity to build your dream home overlooking beautiful Beaver Lake! This private lake is fed by the Quabbin Reservoir and offers year round recreation opportunities such as fishing, boating, skating and more. This property is situated almost to the end of Shoreline Drive so it offers much more privacy than is typical for waterfront. Land was perced and results are attached to this listing. This sale will be subject to Hampshire County Probate approval. Get your offer in today and start looking at those house plans!
Unit Size
-
Days on Market
-
Land Size
0.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
$229
HOA Dues
-
Year Built
2022

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72528341)

Price History

Date / Event Date Event Price
Oct 28, 2019 Sold
Premium
Sold
Jul 2, 2019 Listed by Gravel Real Estate Associates $59,900
Listed by Gravel Real Estate Associates
Dec 8, 1971 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,141
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,023
  • Total Building Area: 1,141
  • Gross Building Area: 3,775
  • Building Area: 1,141
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,141
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000551
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ware School District
  • School Tax School District: WARE SD
  • Census Tract: 820101

Zoning

  • Zoning: BLR

Geography

  • Account Number: 3124
  • Parcel: WARE M:00050 B:00000 L:00024
  • Lot: 24
  • Municipality: WARE
  • Latitude: 42.2671
  • Longitude: -72.3022

    Address

  • Full Address: 140 Shoreline Dr
  • Address - House Number: 140
  • Address - Street Name: Shoreline
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ware
  • Carrier Code: R004
  • 4-Digit Zip Code: 9514
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,067,900

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 807,369
  • High Value: 931,029
  • Low Value: 683,708

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,700
  • Assessed Land Value: $146,500
  • Assessed Improvements Value: $472,200

    Sales

  • Current Sale Contract Date: Oct 22, 2019
  • Current Sale Recording Date: Oct 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21188
  • Previous Sale Recording Date: Dec 08, 1971
  • Previous Sale Amount: $6,000
  • Previous Sale Document Type: 27
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 Hampshire

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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# 72528341

Frequently Asked Questions

When was property at 140 Shoreline Drive built and last sold?
The property at 140 Shoreline Drive was built in 2022 and last sold on Oct 22, 2019 for $59,900.
How much is this home worth?
The estimated value of the home located at 140 Shoreline Drive is $60,499.
What are some comparable homes to 140 Shoreline Drive?
There are currently no comparable homes to 140 Shoreline Drive.
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