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Ware 01082
28 Chestnut Street
$158,000
● House - Off Market

28 Chestnut Street

Ware, MA 01082
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$403,150
RealtyHop Estimate
144.33%
Since Dec 1, 2002
National-US
Primary Model

About This Property

IMMACULATE CAPE, SITS BEAUTIFULLY ON OVER A 1/2 ACRE OF LEVEL YARD.  MANY UPDATES INCLUDE WINDOWS, CARPETING, OIL BURNER (APO), RELAX ON THE THREE SEASON PORCH & WATCH THE LEAVES FALL. FINISH THE 2ND FLOOR FOR 2 MORE BEDROOMS.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$151
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1947

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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 #30655890)

Price History

Date / Event Date Event Price
Nov 22, 2002 Sold
Premium
Sold
Oct 8, 2002 Listed by Gravel Real Estate Associates $165,000
Listed by Gravel Real Estate Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,350
  • Total Building Area: 1,586
  • Gross Building Area: 3,346
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMMINS LAND
  • Land Acres: 0000000559
  • 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: 820102

Zoning

  • Zoning: SR

Geography

  • Account Number: 586
  • Parcel: WARE M:00057 B:00000 L:00160
  • Lot: 160
  • Municipality: WARE
  • Latitude: 42.2551
  • Longitude: -72.2378

    Address

  • Full Address: 28 Chestnut St
  • Address - House Number: 28
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ware
  • Carrier Code: C002
  • 4-Digit Zip Code: 1557
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $405,300

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 325,458
  • High Value: 396,049
  • Low Value: 254,868

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,800
  • Assessed Land Value: $44,100
  • Assessed Improvements Value: $190,700

    Sales

  • Current Sale Recording Date: Nov 22, 2002
  • Current Sale Price:
    Premium
  • Current 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 Ware

Stats & Trends

Median Asking:

$289,500

Sale Price/ft²

$168

Below Asking

0.03%

Average Days on Market

54

Average Home Size

2572 ft²

Average Home Age

135.1 years

Currently For Sale

16 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# 30655890

Frequently Asked Questions

When was property at 28 Chestnut Street built and last sold?
The property at 28 Chestnut Street was built in 1947 and last sold on Jan 1, 1970 for $158,000.
How much is this home worth?
The estimated value of the home located at 28 Chestnut Street is $169,943.
What are some comparable homes to 28 Chestnut Street?
There are currently no comparable homes to 28 Chestnut Street.
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