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Hampden
19 Shore Drive
$240,000
● House - Off Market

19 Shore Drive

Wales, MA 01081
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,128 Ft²
$273,460
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Amazing opportunity: Contractors & Investors - LAKEFRONT LIVING, WATER FRONTAGE ON LAKE GEORGE. Year round living. Ever wonder why there are so few lakefront properties on the market? Once people own one, they never want to leave. This waterfront PROPERTY needs a little bit of work. It has tons of potential and is situated on a great spot just steps AWAY from the lake. Easy access to all major roads and surrounding towns. Property is being sold in - "As is condition".
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$244
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1950

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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 #73098239)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jul 10, 2023 In contract -
In contract
Apr 14, 2023 Listed by APEX Realty $275,000
Listed by APEX Realty
Jan 5, 2021 Sold
Premium
Sold
Jul 26, 2020 Listed by APEX Realty $174,900
Listed by APEX Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,128
  • Gross Building Area: 2,213
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wales School District
  • Census Tract: 813801

Geography

  • Account Number: 14389
  • Parcel: WALE M:1000 B:2850 L:0019-0
  • Block: 2850
  • Lot: 19-0
  • Municipality: WALES
  • Latitude: 42.0565
  • Longitude: -72.2255

    Address

  • Full Address: 19 Shore Dr
  • Address - House Number: 19
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wales
  • Zip Code: 01081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $296,000

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 284,452
  • High Value: 309,190
  • Low Value: 259,713

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $200,400
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $98,100

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39015
  • Previous Sale Recording Date: Jan 05, 2021
  • Previous Sale Contract Date: Dec 20, 2020
  • Previous Sale Amount: $150,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2141 ft²

Average Home Age

78.2 years

Currently For Sale

830 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: 4 months ago
Data Source: MLS PIN, MLS# 73098239

Frequently Asked Questions

When was property at 19 Shore Drive built and last sold?
The property at 19 Shore Drive was built in 1950 and last sold on Aug 18, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 19 Shore Drive is $273,365.
What are some comparable homes to 19 Shore Drive?
There are currently no comparable homes to 19 Shore Drive.
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