373 Wareham St (Lot 1)
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by Demakis Family Real Estate, Inc. | $220,000 | |
| Listed by Demakis Family Real Estate, Inc. | |||
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All the hard work has been completed for the next owner of this 2+ acre buildable residential lot with approximately 58,568 sq ft of uplands overlooking a serene forest and pond. Stamped ANR plan by town of Marion. Water, town sewer and electricity already in very close vicinity and waiting for new owner to continue to lot via conduit in completed culvert bridge on lot. Driveway is shared via easement with neighboring 371 Wareham St property. Extensive planning work conducted by prominent local civil engineering firm on behalf of land owner. Address for marketing is 373 Wareham St, Marion, MA. Town assessor property record card lists property address as Holly Knoll, Vision ID # 1132. Please only visit lot while accompanied by listing agent. Neither Seller or Listing Agent make any representations as to the accuracy of any information contained herein. Buyer/Buyer Agent must conduct their own due diligence, verification(s) and research and rely solely on the results thereof.
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| Apr 12, 2024 | No longer available | - | |
| No longer available | |||
| Jan 12, 2024 | Price Decreased |
$220,000
↓ $30K
(12%) | |
| Price Decreased | |||
| Oct 11, 2023 | Listed by Demakis Family Real Estate, Inc. | $250,000 | |
| Listed by Demakis Family Real Estate, Inc. | |||
| | |||
|
All the hard work has been completed for the next owner of this 2+ acre buildable residential lot with approximately 58,568 sq ft of uplands overlooking a serene forest and pond. Stamped ANR plan by town of Marion. Water, town sewer and electricity already in very close vicinity and waiting for new owner to continue to lot via conduit in completed culvert bridge on lot. Driveway is shared via easement with neighboring 371 Wareham St property. Extensive planning work conducted by prominent local civil engineering firm on behalf of land owner. Address for marketing is 373 Wareham St, Marion, MA. Town assessor property record card lists property address as Holly Knoll, Vision ID # 1132. Please only visit lot while accompanied by listing agent. Neither Seller or Listing Agent make any representations as to the accuracy of any information contained herein. Buyer/Buyer Agent must conduct their own due diligence, verification(s) and research and rely solely on the results thereof.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017