Rare Wareham Waterfront: Direct Tihonet Pond Access for Kayaking,
Paddleboarding, Canoeing & Fishing. 22 Red Pine Lane offers direct
backyard pond access and peaceful water views in one of Wareham's
most desirable neighborhoods. At $850,000, this is an exceptional
opportunity and hard to find for what you get. 2,569 sq ft Colonial
features an open-concept kitchen and family room with walls of
windows framing the pond, creating a bright, inviting space for
everyday living and entertaining. The kitchen is appointed with
premium appliances, including a Sub-Zero refrigerator and Thermador
WiFi-enabled 6-burner range. A classic wraparound porch and
screened porch invite you to relax and enjoy the natural setting.
Fish lovers can even join the annual Wankinquoah Tihonet fishing
derby just steps from home. Or skip the water altogether and pull a
comfy chair down to the edge with a drink in hand and watch the sun
go down. Conveniently located in the Gateway to Cape Cod with easy
access to Route 25, I-495, beaches, boating, golf, shopping,
restaurants, and Cape Cod.
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.
Listed by Allison James Estates & Homes of MA, LLC
$599,900
Listed by Allison James Estates & Homes of MA, LLC
Oldport Homes is proud to introduce "THE WEST CHOP". Imagine the lifestyle! A neighborhood designed with walking trails,bike paths,views of Tihonet Pond with access for canoeing,fishing,and more. This A.D.Makepeace community is one that celebrates the natural features of our environment. Call today to learn more!
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Paved, Off Street, Paved
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