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Plymouth 02538
48 Lakeview Dr
$302,000
● House - Off Market

48 Lakeview Dr

Wareham, MA 02538
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,629 Ft²
$478,518
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Waterfront on Mill Pond. Cape-Cod with in-law apartment. 5 Total Bedrooms, 3 Bathrooms. Title 5 has Passed. Property shall convey in as-is, as-seen condition.  Pre-approval letter or proof of funds requested with all offers. Agents, please review all showing instructions, remarks, and attached downloads.
Unit Size
2,629 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$122
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1952

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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 #72403877)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Premium
Sold
Mar 19, 2019 Sold
Premium
Sold
Oct 1, 2018 Listed by Silva Realty Group, Inc. $319,900
Listed by Silva Realty Group, Inc.
Jun 6, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 12,890
  • Total Building Area: 2,629
  • Gross Building Area: 5,411
  • Building Area: 2,629
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,629
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREWSTER STREET
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: 107

Neighborhood

  • School District Name: Wareham School District
  • School Tax School District: WAREHAM SD
  • Census Tract: 545200

Geography

  • Parcel: WARE M:0129B B:001 L:00021
  • Block: 1
  • Lot: 21
  • Municipality: WAREHAM
  • Latitude: 41.7691
  • Longitude: -70.6714

    Address

  • Full Address: 48 Lakeview Dr
  • Address - House Number: 48
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: East Wareham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1415
  • Zip Code: 02538

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $670,300

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 702,791
  • High Value: 760,269
  • Low Value: 645,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,900
  • Assessed Land Value: $153,300
  • Assessed Improvements Value: $443,600

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83689
  • Previous Sale Recording Date: Mar 19, 2019
  • Previous Sale Contract Date: Mar 05, 2019
  • Previous Sale Amount: $302,000
  • 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 Plymouth

Stats & Trends

Median Asking:

$652,450

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2330 ft²

Average Home Age

50.1 years

Currently For Sale

1162 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# 72403877

Frequently Asked Questions

When was property at 48 Lakeview Drive built and last sold?
The property at 48 Lakeview Drive was built in 1952 and last sold on Oct 14, 2022 for $585,000.
How much is this home worth?
The estimated value of the home located at 48 Lakeview Drive is $322,021.
What are some comparable homes to 48 Lakeview Drive?
There are currently no comparable homes to 48 Lakeview Drive.
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