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Weweantic 02571
5 11th Avenue
$365,000
● House - Off Market

5 11th Avenue

Wareham, MA 02571
bedrooms
2 Beds
bathrooms
1 Bath
square feet
740 Ft²
$347,717
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Quintessential year-round cottage in the highly desirable Weweantic Shores neighborhood.  This lovely two bedroom one-level is a perfect starter or seasonal home.  The home features town water and sewer, newer heating system and roof, replacement windows, and owned solar panels. Living room, a kitchen with eat in area, a full bath and a bonus first floor laundry room complete this adorable one level home.  The private and shaded fenced-in yard with includes a large deck for entertaining and an oversized shed.  The property is located in a convenient location to Wareham Crossing, highway access, and beaches.  With a seashell parking area and white picket fence, 5 11th Avenue is simply an adorable coastal place to call home.
Unit Size
740 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$473
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1950

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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 #73148267)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Aug 22, 2023 In contract -
In contract
Aug 14, 2023 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $349,900
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
Sep 1, 2017 Sold
Premium
Sold
Jul 1, 2017 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $219,000
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 5,000
  • Total Building Area: 740
  • Gross Building Area: 1,544
  • Building Area: 740
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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:0W220
  • Lot: W220
  • Municipality: WAREHAM
  • Latitude: 41.7501
  • Longitude: -70.7419

    Address

  • Full Address: 5 11th Ave
  • Address - House Number: 5
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wareham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1303
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $363,600

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 361,587
  • High Value: 436,022
  • Low Value: 287,151

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $323,800
  • Assessed Land Value: $80,300
  • Assessed Improvements Value: $243,500

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62817
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$519,900

Sale Price/ft²

$409

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1942 ft²

Average Home Age

38.3 years

Currently For Sale

7 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# 73148267

Frequently Asked Questions

When was property at 5 11th Avenue built and last sold?
The property at 5 11th Avenue was built in 1950 and last sold on Sep 28, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 5 11th Avenue is $346,884.
What are some comparable homes to 5 11th Avenue?
There are currently no comparable homes to 5 11th Avenue.
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