$405,000
●
Condo -
Off Market
3 Cranberry Grove Way #D
Wareham, MA 02571
2 Beds
2 Baths
1,338 Ft²
$2,622
Est. Monthly
$350
HOA / Fees
4.46%
Cap Rate
About This Property
MOVE IN CONDITION! Well maintained 55 plus community located
approximately 1 mile from the beach. This end unit was
recently updated with new vinyl plank flooring, tile back splash in
kitchen as well as granite countertops. The open living area
is spacious and inviting with cathedral ceiling in living room.
Beautiful large vinyl double paned windows bringing in much light.
There is a front porch and a deck with awning (electric) in
back of house overlooking a lovely backyard. The main bedroom is
spacious and has a large bathroom and large walk-in closet.
Additional space for storage in attic with a pull down
stairway and a laundry/utility room. There are multiple visitor
parking areas conveniently placed in this complex. Community
firepit with benches to enjoy sitting and relaxing outdoors with
friends/neighbors. Town water and sewer is a plus. The home
of the Wareham Gatemen of the Cape Cod Baseball League. Do not miss
out in seeing this unit.
Unit Size
1,338 Ft²
Days on Market
-
Land Size
-
Price per sqft
$299
Property Type
Condo
Property Taxes
$308
HOA Dues
$350
Year Built
-
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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: 2 years ago (MLSPIN #73318807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by True North Realty | $399,900 | |
| Listed by True North Realty | |||
| | |||
|
MOVE IN CONDITION! Well maintained 55 plus community located approximately 1 mile from the beach. This end unit was recently updated with new vinyl plank flooring, tile back splash in kitchen as well as granite countertops. The open living area is spacious and inviting with cathedral ceiling in living room. Beautiful large vinyl double paned windows bringing in much light. There is a front porch and a deck with awning (electric) in back of house overlooking a lovely backyard. The main bedroom is spacious and has a large bathroom and large walk-in closet. Additional space for storage in attic with a pull down stairway and a laundry/utility room. There are multiple visitor parking areas conveniently placed in this complex. Community firepit with benches to enjoy sitting and relaxing outdoors with friends/neighbors. Town water and sewer is a plus. The home of the Wareham Gatemen of the Cape Cod Baseball League. Do not miss out in seeing this unit.
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Width: 14
Length: 12
Features: Flooring - Vinyl, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Area: 168
Area: 96
Length: 8
Width: 12
Level: First
Features: Ceiling Fan(s), Closet, Flooring - Vinyl, Cable Hookup
Width: 13
Length: 12
Area: 156
Length: 17
Level: First
Area: 323
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Vinyl, Cable Hookup, Open Floorplan
Width: 19
Area: 50
Width: 10
Features: Bathroom - Full, Closet
Length: 5
Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Vinyl, Cable Hookup
Level: First
Length: 14
Width: 16
Area: 224
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Washer, Dryer
Laundry Features: Flooring - Vinyl, First Floor, In Unit
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Cranberry Grove
Structure Type: Attached
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MR30
Parcel Number: 4311124
Water Source: Public
Financial Details
Tax Assessed Value: $328,800
Tax Annual Amount: $3,692
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $350
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Highway Access, Public School, Adult Community
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/10/2024
|
2 Bed
|
2 Bath
|
1338 ft²
|
$399,900
2 Bed
2 Bath
1338 ft²
|
$405,000
+1.28%
02/07/2025
|
Carol LaSalle D Errico
Conway - Bridgewater
| |
|
10/25/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$356,900
2 Bed
2 Bath
1350 ft²
|
$359,250
+0.66%
12/05/2022
|
Janet Maxim
Cape Landing Real Estate
| |
|
02/15/2017
|
2 Bed
|
2 Bath
|
1380 ft²
|
$235,000
2 Bed
2 Bath
1380 ft²
|
$228,000
-2.98%
05/19/2017
|
Janet Maxim
Cape Landing Real Estate
| |
|
03/08/2016
|
2 Bed
|
2 Bath
|
1368 ft²
|
$213,900
2 Bed
2 Bath
1368 ft²
|
$213,000
-0.42%
05/02/2016
|
Cesidia Brousseau
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
08/16/2013
|
2 Bed
|
2 Bath
|
1380 ft²
|
$195,000
2 Bed
2 Bath
1380 ft²
|
$190,000
-2.56%
09/19/2013
|
Kerry Vigorito
Bedard Realty
| |
|
06/01/2013
|
2 Bed
|
2 Bath
|
1368 ft²
|
$184,900
2 Bed
2 Bath
1368 ft²
|
$165,000
-10.76%
05/01/2014
|
Marie Whitney
Marie Whitney Real Estate
| |
|
11/26/2007
|
2 Bed
|
2 Bath
|
1380 ft²
|
$267,750
2 Bed
2 Bath
1380 ft²
|
$261,000
-2.52%
03/06/2008
|
Jo Jeffries
Crowley, Marquis - GMAC R.E.
| |
|
10/12/2001
|
2 Bed
|
2 Bath
|
1380 ft²
|
$194,400
2 Bed
2 Bath
1380 ft²
|
$194,900
+0.26%
07/10/2002
|
Debra Blais
Debbie Blais Real Estate, Inc.
| |
|
10/12/2000
|
2 Bed
|
2 Bath
|
1380 ft²
|
$159,900
2 Bed
2 Bath
1380 ft²
|
$192,117
+20.15%
11/16/2001
|
Debra Blais
Debbie Blais Real Estate, Inc.
| |
|
10/12/2000
|
2 Bed
|
2 Bath
|
1380 ft²
|
$159,900
2 Bed
2 Bath
1380 ft²
|
$159,900
10/26/2001
|
Debra Blais
Debbie Blais Real Estate, Inc.
|
Building Info
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