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West Wareham 02576
3 Open Hearth Drive
$470,000
● House - Off Market

3 Open Hearth Drive

Wareham, MA 02576
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$484,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

"Motivated Selles" well maintained beautiful home in West Wareham.  Great location close to all major highways and The Wareham Crossing. Great price.... Don't miss out on this 3-bedroom 2-bathroom Gambrel style home.  Colder weather is coming, cozy up in front of the wood burning fireplace and enjoy a good book.  Large deck overlooking expansive back yard with 2 storage sheds, one with electricity.   New septic system installed in 2022, new laminate flooring in living and dining room area, New Anderson windows throughout in 2020, 3 Mitsubishi mini splits 2020, first floor laundry, and partially finished basement rounds out a must-see home.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$312
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1987

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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 #73163586)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Oct 22, 2023 In contract -
In contract
Sep 26, 2023 Listed by Anchor Realty $484,000
Listed by Anchor Realty
Apr 27, 2022 Sold
Premium
Sold
Nov 26, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,290
  • Total Building Area: 1,550
  • Gross Building Area: 2,592
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000695
  • 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: 545100

Geography

  • Parcel: WARE M:00090 B:000 L:00001
  • Lot: 1
  • Municipality: WAREHAM
  • Latitude: 41.7849
  • Longitude: -70.7582

    Address

  • Full Address: 3 Open Hearth Dr
  • Address - House Number: 3
  • Address - Street Name: Open Hearth
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Wareham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1213
  • Zip Code: 02576

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 462,158
  • High Value: 552,455
  • Low Value: 371,861

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,800
  • Assessed Land Value: $109,900
  • Assessed Improvements Value: $290,900

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75454
  • Previous Sale Recording Date: Apr 27, 2022
  • Previous Sale Contract Date: Apr 27, 2022
  • Previous Sale Amount: $447,000
  • 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 West Wareham

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1651 ft²

Average Home Age

70.4 years

Currently For Sale

0 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73163586

Frequently Asked Questions

When was property at 3 Open Hearth Drive built and last sold?
The property at 3 Open Hearth Drive was built in 1987 and last sold on Nov 17, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 3 Open Hearth Drive is $478,003.
What are some comparable homes to 3 Open Hearth Drive?
There are currently no comparable homes to 3 Open Hearth Drive.
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