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Weweantic 02571
307 Marion Rd
$470,000
● House - Off Market

307 Marion Rd

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,203 Ft²
$2,682
Est. Monthly

About This Property

Space and privacy abound in this well maintained raised ranch. The first floor has hardwoods throughout, except the kitchen, which has tile as well as granite countertops. The upper level has 3 generously sixed bedrooms, including a primary suite and an additional shared bathroom. The lower level consists of a family room as well as an office space and a half bath. Lots of storage throughout. Updates include new roof, boiler less than 10 years old, water heater 6 years old. A 2 car carport and great outdoor space make this a great home for entertaining.
Unit Size
1,203 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$394
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1990

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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 #73174812)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Jan 2, 2024 In contract -
In contract
Oct 25, 2023 Listed by REMAX Coastal Properties $474,000
Listed by REMAX Coastal Properties
Aug 16, 2004 Sold
Premium
Sold
May 17, 2004 Listed by REMAX Coastal Properties $310,000
Listed by REMAX Coastal Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 9
  • Basement Area: 675
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 1,203
  • Gross Building Area: 3,314
  • Building Area: 1,203
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,203
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001390
  • 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

  • District: 310
  • Parcel: WARE M:00059 B:000 L:00L82
  • Lot: L82
  • Municipality: WAREHAM
  • Latitude: 41.7481
  • Longitude: -70.738

    Address

  • Full Address: 307 Marion Rd
  • Address - House Number: 307
  • Address - Street Name: Marion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wareham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1454
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $444,700

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 491,615
  • High Value: 531,821
  • Low Value: 451,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $396,000
  • Assessed Land Value: $84,200
  • Assessed Improvements Value: $311,800

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9133
  • Previous Sale Recording Date: Aug 16, 2004
  • Previous Sale Amount: $295,000
  • 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 Weweantic

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2025 ft²

Average Home Age

33.5 years

Currently For Sale

8 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73174812

Frequently Asked Questions

When was property at 307 Marion Road built and last sold?
The property at 307 Marion Road was built in 1990 and last sold on Feb 16, 2024 for $470,000.
How much is this home worth?
The estimated value of the home located at 307 Marion Road is $468,092.
What are some comparable homes to 307 Marion Road?
There are currently no comparable homes to 307 Marion Road.
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