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Wareham Center 02571
16 Tower Terrace
$320,000
● House - Off Market

16 Tower Terrace

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$866,232
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

ALMOST NEW COLONIAL BUILT IN 1998. OPEN FLOOR PLAN W/ 1700 SQ FT OF LIVING. NEWLY LANDSCAPED. EXTRA ROOM OVER THE GARAGE READY TO BE FINISHED.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$206
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1998

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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: 6 months ago (MLSPIN #30622152)

Price History

Date / Event Date Event Price
Apr 29, 2020 Sold
Premium
Sold
Sep 5, 2002 Sold
Premium
Sold
Jul 1, 2002 Listed by Century 21 Bourne Landing $349,900
Listed by Century 21 Bourne Landing

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 12,600
  • Total Building Area: 1,888
  • Gross Building Area: 4,636
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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:00061 B:000 L:00008
  • Lot: 8
  • Municipality: WAREHAM
  • Latitude: 41.764
  • Longitude: -70.7282

    Address

  • Full Address: 16 Tower Ter
  • Address - House Number: 16
  • Address - Street Name: Tower
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Wareham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1417
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,200
  • Assessed Land Value: $95,700
  • Assessed Improvements Value: $424,500

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: Apr 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 797900
  • Previous Sale Recording Date: Sep 05, 2002
  • Previous Sale Amount: $312,000
  • Previous Sale Document Type: 48
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:

$475,000

Sale Price/ft²

$435

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1529 ft²

Average Home Age

102.1 years

Currently For Sale

15 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30622152

Frequently Asked Questions

When was property at 16 Tower Terrace built and last sold?
The property at 16 Tower Terrace was built in 1998 and last sold on Apr 29, 2020 for $380,000.
How much is this home worth?
The estimated value of the home located at 16 Tower Terrace is $360,642.
What are some comparable homes to 16 Tower Terrace?
There are currently no comparable homes to 16 Tower Terrace.
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