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Ware 01082
3 Lovewell St
$199,000
● House - Off Market

3 Lovewell St

Ware, MA 01082
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$300,455
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Beautiful 3-4br/2full bath ranch in a great neighborhood! The 1st floor offers a sunny eat in kitchen with SS appliances, a nice sized living room with recessed lighting, 3 good sized bedrooms, remodeled bathroom and hardwoods throughout! The huge finished lower level offers a great big family room, a home office (or maybe 4th bedroom) full bathroom, laundry area and plenty of space for storage! The many updates include a brand new boiler, newer windows, fresh paint & solar for $$ savings! Beautiful private back yard, 1 car detached garage with plenty of extra room for storage, covered patio & paved driveway! Great commuter location with easy access to the MA pike and recreational fun at the Quabbin Reservoir!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$128
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1965

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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 #72541678)

Price History

Date / Event Date Event Price
Sep 20, 2019 Sold
Premium
Sold
Jul 29, 2019 Listed by EXIT Real Estate Executives $205,000
Listed by EXIT Real Estate Executives
Jul 25, 2005 Sold
Premium
Sold
May 31, 2005 Listed by EXIT Real Estate Executives $189,900
Listed by EXIT Real Estate Executives

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,232
  • Total Building Area: 1,596
  • Gross Building Area: 1,824
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • 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: 1856
  • Parcel: WARE M:00062 B:00000 L:00078
  • Lot: 78
  • Municipality: WARE
  • Latitude: 42.2663
  • Longitude: -72.2517

    Address

  • Full Address: 3 Lovewell St
  • Address - House Number: 3
  • Address - Street Name: Lovewell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ware
  • Carrier Code: R004
  • 4-Digit Zip Code: 9373
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $399,200

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 300,303
  • High Value: 367,341
  • Low Value: 233,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,300
  • Assessed Land Value: $42,100
  • Assessed Improvements Value: $189,200

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18126
  • Previous Sale Recording Date: Jul 25, 2005
  • Previous Sale Amount: $185,900
  • 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 Ware

Stats & Trends

Median Asking:

$289,700

Sale Price/ft²

$168

Below Asking

0.03%

Average Days on Market

53

Average Home Size

2530 ft²

Average Home Age

133.9 years

Currently For Sale

15 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# 72541678

Frequently Asked Questions

When was property at 3 Lovewell Street built and last sold?
The property at 3 Lovewell Street was built in 1965 and last sold on Aug 14, 2019 for $199,000.
How much is this home worth?
The estimated value of the home located at 3 Lovewell Street is $218,033.
What are some comparable homes to 3 Lovewell Street?
There are currently no comparable homes to 3 Lovewell Street.
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