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Ware 01082
24 Lovewell St
$194,900
● House - Off Market

24 Lovewell St

Ware, MA 01082
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,212 Ft²
$274,146
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

New year, new home- make this one yours. New price- don't miss out on this well maintained home with many updates and modern features. Newer roof, modern kitchen and bath. Large second family room could easily function as a 3rd bedroom. Beautiful yard with stonewalls, flowers and mature plantings. Enjoy relaxing evenings by the backyard stone fireplace. Tandem garage built in. Modine heater in basement along with shower for easy clean up after working. This is the perfect home for starting out or down sizing with one level living.
Unit Size
1,212 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$157
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1950

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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 #72588969)

Price History

Date / Event Date Event Price
Feb 21, 2020 Sold
Premium
Sold
Nov 5, 2019 Listed by Forward Real Estate Services $189,900
Listed by Forward Real Estate Services

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 336
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,112
  • Total Building Area: 1,212
  • Gross Building Area: 2,136
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000576
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ware School District
  • School Tax School District: WARE SD
  • Census Tract: 820101

Zoning

  • Zoning: DTR

Geography

  • Account Number: 1849
  • Parcel: WARE M:00062 B:00000 L:00022
  • Lot: 22
  • Municipality: WARE
  • Latitude: 42.2685
  • Longitude: -72.2515

    Address

  • Full Address: 24 Lovewell St
  • Address - House Number: 24
  • Address - Street Name: Lovewell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ware
  • Carrier Code: R004
  • 4-Digit Zip Code: 9374
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,100

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 274,133
  • High Value: 337,864
  • Low Value: 210,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,700
  • Assessed Land Value: $45,400
  • Assessed Improvements Value: $145,300

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3228
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 Ware

Stats & Trends

Median Asking:

$289,500

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2471 ft²

Average Home Age

132.6 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 72588969

Frequently Asked Questions

When was property at 24 Lovewell Street built and last sold?
The property at 24 Lovewell Street was built in 1950 and last sold on Feb 18, 2020 for $194,900.
How much is this home worth?
The estimated value of the home located at 24 Lovewell Street is $196,017.
What are some comparable homes to 24 Lovewell Street?
There are currently no comparable homes to 24 Lovewell Street.
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