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Plymouth 02571
15 Indian Neck Rd
$250,000
● House - Off Market

15 Indian Neck Rd

Wareham, MA 02571
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,280 Ft²
$378,969
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Located less than a mile from Zecco Marina & Wareham Center is a great opportunity to own this diamond in the rough with over 1200 sq. ft. for under $260K. Bring your ideas & finishing touches to make this your perfect Cape Cod getaway or year round home. This 2 bedroom, 1 bath Ranch has several additional rooms for extra living space that you don't usually find in this price range. Kitchen/dining area with access to the back deck overlooking a spacious backyard. This property will not comply with FHA guidelines. Buyers/Buyer agent to verify all information contained herein.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$202
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72535333)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Jul 16, 2019 Listed by Keller Williams Realty $258,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 336
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,750
  • Total Building Area: 1,280
  • Gross Building Area: 2,866
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000293
  • 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: 545200

Geography

  • Parcel: WARE M:00045 B:000 L:00F58
  • Lot: F58
  • Municipality: WAREHAM
  • Latitude: 41.7569
  • Longitude: -70.7062

    Address

  • Full Address: 15 Indian Neck Rd
  • Address - House Number: 15
  • Address - Street Name: Indian Neck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wareham
  • Carrier Code: C004
  • 4-Digit Zip Code: 1622
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $386,600

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 408,834
  • High Value: 492,996
  • Low Value: 324,672

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,300
  • Assessed Land Value: $87,000
  • Assessed Improvements Value: $257,300

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93877
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 Plymouth

Stats & Trends

Median Asking:

$659,900

Sale Price/ft²

$371

Above Asking

0.17%

Average Days on Market

59

Average Home Size

2292 ft²

Average Home Age

57.4 years

Currently For Sale

1301 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: 5 months ago
Data Source: MLS PIN, MLS# 72535333

Frequently Asked Questions

When was property at 15 Indian Neck Road built and last sold?
The property at 15 Indian Neck Road was built in 1925 and last sold on Nov 1, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 15 Indian Neck Road is $272,421.
What are some comparable homes to 15 Indian Neck Road?
There are currently no comparable homes to 15 Indian Neck Road.
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