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Plymouth 02532
36 Chippewa Dr
$180,000
● House - Off Market

36 Chippewa Dr

Wareham, MA 02532
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$242,614
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Location! Location! Location!   Attention all contractors, investors, or DIY'ers!  Income rental potential.  Just steps to Indian Mound Beach, Close to several restaurants, shopping, golf, marina or take a walk or bike ride on the nearby Cape Cod Canal.  This Gambrel home has town water and town sewer. Indian Mound Beach Association is optional for $35 annually.  Needs TLC but has tons of potential! Beautiful location! Buyer/ Buyer Agent to do own due diligence. Property is being sold as is. Cash buyers only.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$299
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1938

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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 #73012973)

Price History

Date / Event Date Event Price
Nov 2, 2022 Sold
Premium
Sold
Jul 15, 2022 Listed by Cape Landing Real Estate $229,900
Listed by Cape Landing Real Estate
Aug 27, 2004 Sold
Premium
Sold
Jun 29, 2004 Listed by Cape Landing Real Estate $217,000
Listed by Cape Landing Real Estate
Dec 17, 2001 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 5,000
  • Total Building Area: 768
  • Gross Building Area: 1,546
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 545300

Geography

  • Parcel: WARE M:00007 B:000 L:00128
  • Lot: 128
  • Municipality: WAREHAM
  • Latitude: 41.755
  • Longitude: -70.6336

    Address

  • Full Address: 36 Chippewa Dr
  • Address - House Number: 36
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Buzzards Bay
  • Carrier Code: R004
  • 4-Digit Zip Code: 4424
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $382,600

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 308,104
  • High Value: 370,401
  • Low Value: 245,806

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $327,600
  • Assessed Land Value: $88,300
  • Assessed Improvements Value: $239,300

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Nov 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88975
  • Previous Sale Recording Date: Aug 27, 2004
  • Previous Sale Amount: $207,000
  • 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 Plymouth

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2334 ft²

Average Home Age

50.2 years

Currently For Sale

1222 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# 73012973

Frequently Asked Questions

When was property at 36 Chippewa Drive built and last sold?
The property at 36 Chippewa Drive was built in 1938 and last sold on Sep 30, 2022 for $180,000.
How much is this home worth?
The estimated value of the home located at 36 Chippewa Drive is $231,288.
What are some comparable homes to 36 Chippewa Drive?
There are currently no comparable homes to 36 Chippewa Drive.
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