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Wareham Center 02571
2 Cedar Avenue
$159,500
● House - Off Market

2 Cedar Avenue

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
1 Bath
square feet
730 Ft²
$297,323
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

This is your rare opportunity to purchase a little piece of heaven, a 3-season cottage on your own private island.  Onset Island is a private community, with no cars allowed.  Boat and motor included with sale for the short ride to the mainland.  This cottage has some new windows, new roofing and updated Title V system, no heat, insulation or fancy amenity's..  Just steps to sandy beaches, fish, swim or shell fish!  Just sit back and enjoy a real quiet vacation.  Great summer rental!
Unit Size
730 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$218
Property Type
House
Property Taxes
$105
HOA Dues
$275
Year Built
1986

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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 years ago (MLSPIN #71707718)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Oct 1, 2014 Sold
Premium
Sold
Jun 30, 2014 Listed by Century 21 Tassinari & Assoc. $159,500
Listed by Century 21 Tassinari & Assoc.
Mar 11, 2013 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 21
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,462
  • Total Building Area: 1,663
  • Gross Building Area: 3,120
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:00049 B:000 L:00015
  • Lot: 15
  • Municipality: WAREHAM
  • Latitude: 41.7464
  • Longitude: -70.7216

    Address

  • Full Address: 2 Cannonberry Way
  • Address - House Number: 2
  • Address - Street Name: Cannonberry
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Wareham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1909
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,000

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 590,263
  • High Value: 689,669
  • Low Value: 490,856

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,000
  • Assessed Land Value: $94,600
  • Assessed Improvements Value: $401,400

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116355
  • Previous Sale Recording Date: Mar 11, 2013
  • Previous Sale Amount: $258,000
  • 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 Wareham Center

Stats & Trends

Median Asking:

$442,500

Sale Price/ft²

$459

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1377 ft²

Average Home Age

99.5 years

Currently For Sale

12 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 years ago
Data Source: MLS PIN, MLS# 71707718

Frequently Asked Questions

When was property at 2 Cedar Avenue built and last sold?
The property at 2 Cedar Avenue was built in 1986 and last sold on Nov 10, 2020 for $448,500.
How much is this home worth?
The estimated value of the home located at 2 Cedar Avenue is $166,183.
What are some comparable homes to 2 Cedar Avenue?
There are currently no comparable homes to 2 Cedar Avenue.
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