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Winchester 01890 Winchester Highlands
4 Ware Rd
$870,000
● House - Off Market

4 Ware Rd

Winchester, MA 01890
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,085 Ft²
$852,794
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Investors, contractors and savvy buyers with vision will love the opportunity Ware Road offers. First time this lovely home has been available in over 30years. First floor features a front to back fireplaced living room, formal dining room, full bath and kitchen that opens effortlessly to the family room and rear deck. Second floor is highlighted by four corner bedrooms all with great light and full bath. The lower level basement could be finished to add great flex space and walks out to the 0.25 acre lot. Bring your ideas to this diamond in the rough and take advantage of a premiere location. Steps to Fells Conservation, less than 2 miles to town center and great highway access.
Unit Size
2,085 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$412
Property Type
House
Property Taxes
$928
HOA Dues
-
Year Built
1917

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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 #73102459)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 21, 2023 In contract -
In contract
Jul 14, 2023 Relisted $859,000
Relisted
Jun 10, 2023 In contract -
In contract
Apr 24, 2023 Listed by Better Homes and Gardens Real Estate - The Shanahan Group $859,000
Listed by Better Homes and Gardens Real Estate - The Shanahan Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,170
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,263
  • Total Building Area: 2,187
  • Gross Building Area: 4,005
  • Building Area: 2,187
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,187
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338100

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:001 B:0257 L:0
  • Block: 257
  • Municipality: WINCHESTER
  • Latitude: 42.4689
  • Longitude: -71.118

    Address

  • Full Address: 4 Ware Rd
  • Address - House Number: 4
  • Address - Street Name: Ware
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchester
  • Carrier Code: C012
  • 4-Digit Zip Code: 1032
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,106,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,037,816
  • High Value: 1,219,850
  • Low Value: 855,781

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $976,200
  • Assessed Land Value: $663,700
  • Assessed Improvements Value: $312,500

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96884
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 Winchester Highlands

Stats & Trends

Median Asking:

$1,375,000

Sale Price/ft²

$562

Above Asking

0.00%

Average Days on Market

53

Average Home Size

2524 ft²

Average Home Age

96.2 years

Currently For Sale

9 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

Unit for rent at 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73102459

Frequently Asked Questions

When was property at 4 Ware Road built and last sold?
The property at 4 Ware Road was built in 1917 and last sold on Aug 28, 2023 for $870,000.
How much is this home worth?
The estimated value of the home located at 4 Ware Road is $878,159.
What are some comparable homes to 4 Ware Road?
There are currently no comparable homes to 4 Ware Road.
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