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Hampshire 01082
347 Monson Turnpike Rd
$200,000
● House - Off Market

347 Monson Turnpike Rd

Ware, MA 01082
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$329,761
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Do you want to live close to Beaver Lake? This house has the ideal location! Set back from the road and surrounded by woods, yet just a short distance to the water. This split level ranch is situated on 1.43 acres consisting of an semi-open floor plan with a large kitchen, 3-br, and 2-ba (including a 1/2-ba master). The lower level can be finished for additional living space, game room, work shop, storage, etc. Efficient Bosch boiler was installed in 2015. Enjoy summers on the private beach or cruising on a boat!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
1.43 acres
Price per sqft
$174
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1989

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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: 5 months ago (MLSPIN #72257065)

Price History

Date / Event Date Event Price
Mar 29, 2021 Sold
Premium
Sold
Jan 18, 2021 Listed by EXIT Real Estate Executives $249,000
Listed by EXIT Real Estate Executives
Jan 17, 2018 Sold
Premium
Sold
Nov 17, 2017 Listed by EXIT Real Estate Executives $209,000
Listed by EXIT Real Estate Executives
Dec 28, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,178
  • Total Building Area: 1,144
  • Gross Building Area: 2,417
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001427
  • 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: RR

Geography

  • Account Number: 101305
  • Parcel: WARE M:00014 B:00003 L:00002
  • Block: 3
  • Lot: 2
  • Municipality: WARE
  • Latitude: 42.2532
  • Longitude: -72.3097

    Address

  • Full Address: 347 Monson Turnpike Rd
  • Address - House Number: 347
  • Address - Street Name: Monson Turnpike
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ware
  • Carrier Code: R001
  • 4-Digit Zip Code: 9270
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,700

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 325,830
  • High Value: 390,278
  • Low Value: 261,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,500
  • Assessed Land Value: $48,100
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7227
  • Previous Sale Recording Date: Jan 17, 2018
  • Previous Sale Amount: $200,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2099 ft²

Average Home Age

70.1 years

Currently For Sale

362 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: 5 months ago
Data Source: MLS PIN, MLS# 72257065

Frequently Asked Questions

When was property at 347 Monson Turnpike Road built and last sold?
The property at 347 Monson Turnpike Road was built in 1989 and last sold on Mar 29, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 347 Monson Turnpike Road is $255,684.
What are some comparable homes to 347 Monson Turnpike Road?
There are currently no comparable homes to 347 Monson Turnpike Road.
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