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Wareham Center 02571
2 Longmeadow Dr
$480,000
● House - Off Market

2 Longmeadow Dr

Wareham, MA 02571
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$516,992
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Approx. 1 mile to Beautiful Swift Beach, shopping, walking distance to school, conveniences all nearby.This 2,112 sqft home offers 4 very large bedrooms (one on the main level) and 2 full baths, a large walk in cedar closet and large storage workshop shed in backyard. Beautiful hardwood floors throughout, Full unfinished basement offers future possibilities, Fenced backyard, large relaxing deck.  Enjoy a spacious kitchen with lots of cabinets and upgraded hard surface countertops w/beautiful backsplash.  This home has large rooms great for entertaining.  Newer Roof and Decking, New Hot water heater, New Bulkhead. Gorgeous Pink Cherry Trees Welcomes you home and Blue Hydrangeas all Summer long.  Make this gem your new home.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$232
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1965

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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 #72993903)

Price History

Date / Event Date Event Price
Nov 2, 2022 Sold
Premium
Sold
Oct 5, 2022 In contract -
In contract
Sep 27, 2022 Price Decreased $489,900
↓ $10K (2%)
Price Decreased
Sep 27, 2022 Price Increased $499,900
↑ $10K (2%)
Price Increased
Jun 7, 2022 Listed by TG Realty Group $489,900
Listed by TG Realty Group
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 6,500
  • Total Building Area: 2,112
  • Gross Building Area: 3,600
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:00048 B:000 L:00L12
  • Lot: L12
  • Municipality: WAREHAM
  • Latitude: 41.7582
  • Longitude: -70.7283

    Address

  • Full Address: 2 Longmeadow Dr
  • Address - House Number: 2
  • Address - Street Name: Longmeadow
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wareham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1944
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,100

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 532,713
  • High Value: 622,428
  • Low Value: 442,999

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,100
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $365,100

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88822
  • Previous Sale Recording Date: Apr 25, 2005
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 27
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

$445

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1485 ft²

Average Home Age

100.7 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: 5 months ago
Data Source: MLS PIN, MLS# 72993903

Frequently Asked Questions

When was property at 2 Longmeadow Drive built and last sold?
The property at 2 Longmeadow Drive was built in 1965 and last sold on Nov 1, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 2 Longmeadow Drive is $497,799.
What are some comparable homes to 2 Longmeadow Drive?
There are currently no comparable homes to 2 Longmeadow Drive.
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