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Wareham Center 02571
16 Smith Ave
$400,000
● House - Off Market

16 Smith Ave

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,502 Ft²
$454,080
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

LOCATION LOCATION LOCATION!!  There's no battling the bridge traffic to this home with beautiful water views!  Lovely neighborhood, close to beach!  The "bones" of this house are solid - heating system and roof have been replaced, new HW heater. TWO full baths, 3 SPACIOUS bedrooms, one on the first floor, office nook, GAS heat, GAS stove.  Take in those water views through the HUGE picture window or adjacent sun room.  The wood paneled ceiling on the first level adds a relaxing vibe!  Lower level offers additional family room, guest space and a workshop. Ready for your finishing touches, make this home YOUR sanctuary! SELLERS WILL ENTERTAIN OFFERS BETWEEN $400,000 AND $450,000.
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$266
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1947

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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 years ago (MLSPIN #72869417)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by Keller Williams Realty $400,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 272
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,202
  • Gross Building Area: 1,886
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 545400

Geography

  • Parcel: WARE M:0050F B:000 L:00Q27
  • Lot: Q27
  • Municipality: WAREHAM
  • Latitude: 41.7436
  • Longitude: -70.7147

    Address

  • Full Address: 16 Smith Ave
  • Address - House Number: 16
  • Address - Street Name: Smith
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wareham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1965
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $416,300

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 471,317
  • High Value: 568,179
  • Low Value: 374,456

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $370,700
  • Assessed Land Value: $178,000
  • Assessed Improvements Value: $192,700

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105715
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 Wareham Center

Stats & Trends

Median Asking:

$449,999

Sale Price/ft²

$457

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1335 ft²

Average Home Age

97.7 years

Currently For Sale

13 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72869417

Frequently Asked Questions

When was property at 16 Smith Avenue built and last sold?
The property at 16 Smith Avenue was built in 1947 and last sold on Sep 3, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 16 Smith Avenue is $400,563.
What are some comparable homes to 16 Smith Avenue?
There are currently no comparable homes to 16 Smith Avenue.
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