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West Wareham 02576
2305 Cranberry Highway
Photo of 2305 Cranberry Highway
Sold on Jul 3, 2007

1

Map

$360,000
● House - Off Market

2305 Cranberry Highway

Wareham, MA 02576
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,174 Ft²
$620,375
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

Priced below assessed value! Clean and modern. Newer expanded Cape on 1.4 acres. Something for everyone. Plenty of room for parking RV's and equipment. Area over the attached garage is studded, ready to be finished. Can connect with the existing second floor to create an in-law type additional living area. Full house alarm system with video. Two master bedrooms with baths on each floor, plus a 3rd bath! Has option of having an in-home business. A great opportunity.
Unit Size
2,174 Ft²
Days on Market
-
Land Size
1.48 acres
Price per sqft
$166
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1999

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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: 4 months ago (MLSPIN #70541601)

Price History

Date / Event Date Event Price
Jul 3, 2007 Sold
Premium
Sold
Mar 16, 2007 Listed $359,900
Listed
Jan 18, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 64,469
  • Total Building Area: 1,523
  • Gross Building Area: 6,128
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 07 WESTFIELD ESTATE
  • Land Acres: 0000001480
  • 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: 545100

Geography

  • Parcel: WARE M:00102 B:000 L:01002
  • Lot: 1002
  • Municipality: WAREHAM
  • Latitude: 41.7936
  • Longitude: -70.7591

    Address

  • Full Address: 2305 Cranberry Hwy
  • Address - House Number: 2305
  • Address - Street Name: Cranberry
  • Address - Suffix Type: Hwy
  • State: MA
  • City Name: West Wareham
  • Carrier Code: R002
  • 4-Digit Zip Code: 1233
  • Zip Code: 02576

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,800

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 617,447
  • High Value: 718,286
  • Low Value: 516,609

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,200
  • Assessed Land Value: $74,600
  • Assessed Improvements Value: $450,600

    Sales

  • Current Sale Recording Date: Jul 03, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 18, 2000
  • Previous Sale Amount: $154,000
  • 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 West Wareham

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1651 ft²

Average Home Age

70.4 years

Currently For Sale

0 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70541601

Frequently Asked Questions

When was property at 2305 Cranberry Highway built and last sold?
The property at 2305 Cranberry Highway was built in 1999 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 2305 Cranberry Highway is $363,653.
What are some comparable homes to 2305 Cranberry Highway?
There are currently no comparable homes to 2305 Cranberry Highway.
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