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Plymouth 02571
3 E Edgewater Dr
$410,000
● House - Off Market

3 E Edgewater Dr

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$398,412
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to this wonderful Wareham WATERFRONT home with deeded beach rights as well as a dock (requires repair/rebuild).  This home has been in the family since it was constructed in 1966 and is nestled at the beginning of a private road in Standish Shores.  Tucked in on the Wareham River, this raised ranch features 3 bedrooms, 1 bath.  The basement is unfinished with loads of potential.  Hardwood floors throughout the home.  The kitchen was remodeled in 2022 and offers new cabinets, stone countertops and all new S/S appliances.  The exterior of the home does require maintenance but has the potential to be an amazing home.  Some sweat equity or maybe a 203K loan and you will have a wonderful waterfront home with dock and beach access.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$389
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1966

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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 #73152934)

Price History

Date / Event Date Event Price
Oct 23, 2023 Sold
Premium
Sold
Sep 4, 2023 In contract -
In contract
Aug 30, 2023 Listed by Keller Williams South Watuppa $399,900
Listed by Keller Williams South Watuppa
Mar 23, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,750
  • Total Building Area: 1,028
  • Gross Building Area: 2,164
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000385
  • 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: 545400

Geography

  • Parcel: WARE M:00035 B:000 L:00046
  • Lot: 46
  • Municipality: WAREHAM
  • Latitude: 41.7414
  • Longitude: -70.695

    Address

  • Full Address: 3 E Edgewater Dr
  • Address - House Number: 3
  • Street Direction: E
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wareham
  • Carrier Code: R003
  • 4-Digit Zip Code: 2182
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $444,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $395,900
  • Assessed Land Value: $138,600
  • Assessed Improvements Value: $257,300

    Sales

  • Current Sale Contract Date: Oct 23, 2023
  • Current Sale Recording Date: Oct 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68658
  • Previous Sale Recording Date: Mar 23, 2018
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O
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 Plymouth

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$371

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2321 ft²

Average Home Age

58 years

Currently For Sale

1214 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73152934

Frequently Asked Questions

When was property at 3 East Edgewater Drive built and last sold?
The property at 3 East Edgewater Drive was built in 1966 and last sold on Oct 23, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 3 East Edgewater Drive is $405,293.
What are some comparable homes to 3 East Edgewater Drive?
There are currently no comparable homes to 3 East Edgewater Drive.
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