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Hampshire 01082
40 Shoreline Drive
$372,000
● House - Off Market

40 Shoreline Drive

Ware, MA 01082
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,433 Ft²
$904,780
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

WATERFRONT. Beautiful log home on private pristine Beaver Lake. Large lot w/many decks to approx. 95' of waterfront. Masterbdrm w/full bath, dressing rm, sitting rm w/fireplace & built-ins.Adorable loft bedrm with built-ins, closet & cathedral ceiling.Rustic living rm w/fireplace, view of lake, & built-ins.Family rm w/lots of windows and scenic view of wildlife.Lower level w/2 bedrms, second family rm and walk out to patio, to decks to dock. Many rooms with view of lake, beautiful sunsets.
Unit Size
2,433 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$172
Property Type
House
Property Taxes
$428
HOA Dues
$175
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #71396310)

Price History

Date / Event Date Event Price
Nov 9, 2012 Sold
Premium
Sold
Jun 13, 2012 Listed by Real Living Realty Professionals, LLC $419,000
Listed by Real Living Realty Professionals, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 9
  • 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: 803
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,536
  • Total Building Area: 2,180
  • Gross Building Area: 3,451
  • Building Area: 2,180
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,180
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000494
  • 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: BLR

Geography

  • Account Number: 3136
  • Parcel: WARE M:00047 B:00000 L:00052
  • Lot: 52
  • Municipality: WARE
  • Latitude: 42.2575
  • Longitude: -72.3021

    Address

  • Full Address: 40 Shoreline Dr
  • Address - House Number: 40
  • Address - Street Name: Shoreline
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ware
  • Carrier Code: R004
  • 4-Digit Zip Code: 9498
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $737,000

    Appraisal Valuation

  • Standard Deviation: 0.1827
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 612,579
  • High Value: 724,526
  • Low Value: 500,631

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,000
  • Assessed Land Value: $180,900
  • Assessed Improvements Value: $246,100

    Sales

  • Current Sale Recording Date: Nov 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71396310

Frequently Asked Questions

When was property at 40 Shoreline Drive built and last sold?
The property at 40 Shoreline Drive was built in 1971 and last sold on Jan 1, 1970 for $372,000.
How much is this home worth?
The estimated value of the home located at 40 Shoreline Drive is $433,334.
What are some comparable homes to 40 Shoreline Drive?
There are currently no comparable homes to 40 Shoreline Drive.
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