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Weweantic 02571
45 Highland Shores Drive
$415,000
● House - Off Market

45 Highland Shores Drive

Wareham, MA 02571
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$348,040
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to your summer retreat, investment or year round residence located in Weweantic Shores. Just steps from the picturesque Weweantic River, this 2 bedroom, 1 bathroom home with its total remodel in 2015 is in move-in condition. Warm hardwood floors, high ceilings in the living room and an open floor plan make for easy one-story living.  The living room has access to a basement making storage and laundry convenient. Wonderful location, no bridge traffic to enjoy great fishing, relaxing and adventures in Buzzards Bay. Convenient to Wareham Crossing Shopping plaza, commuter routes, several public beaches and nature trails. Don't miss Lukey Community park and its recent updates. Town water and sewer.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$350
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1951

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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 #73113642)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
May 24, 2023 In contract -
In contract
May 18, 2023 Listed by Kinlin Grover Compass $350,000
Listed by Kinlin Grover Compass
Aug 28, 2015 Sold
Premium
Sold
Jul 10, 2015 Listed by Kinlin Grover Compass $175,000
Listed by Kinlin Grover Compass
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 13,696
  • Total Building Area: 1,000
  • Gross Building Area: 2,112
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREWSTER STREET
  • Land Acres: 0000000314
  • 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: 545100

Geography

  • Parcel: WARE M:00059 B:000 L:0W116
  • Lot: W116
  • Municipality: WAREHAM
  • Latitude: 41.7469
  • Longitude: -70.742

    Address

  • Full Address: 45 Highland Shores Dr
  • Address - House Number: 45
  • Address - Street Name: Highland Shores
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wareham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1358
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $364,600

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 379,583
  • High Value: 457,723
  • Low Value: 301,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $324,700
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $237,200

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49748
  • Previous Sale Recording Date: Aug 28, 2015
  • Previous Sale Amount: $177,000
  • 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 Weweantic

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2025 ft²

Average Home Age

33.5 years

Currently For Sale

8 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: 4 months ago
Data Source: MLS PIN, MLS# 73113642

Frequently Asked Questions

When was property at 45 Highland Shores Drive built and last sold?
The property at 45 Highland Shores Drive was built in 1951 and last sold on Aug 4, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 45 Highland Shores Drive is $350,979.
What are some comparable homes to 45 Highland Shores Drive?
There are currently no comparable homes to 45 Highland Shores Drive.
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