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Plymouth 02532
5 Fairview Lane
$501,000
● House - Off Market

5 Fairview Lane

Wareham, MA 02558
bedrooms
2 Beds
bathrooms
1 Bath
square feet
816 Ft²
$755,811
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This property is very unique, and such a pleasure to show.  The premises has been renovated with an open floor plan living area with fireplace vaulted ceilings with skylite.  The kitchen has been modernized as well  Outside shower.  Outside storage shed.  Two bedrooms.  Natural gas heat.  Then there is the view, what to say?   Perched upon Buzzards Bay and the Canal.  The scenery is AMAZING!  Passing boats, cargo ships over the calming waters of the Canal.  Three steps down to a sandy beach.  An absolute GEM!  Presently a vacationer in occupancy. Located in Sias Point!  Surrounded by larger homes with boats docked in the water fronting the surrounding homes.   Very unique and rare opportunity to own this home.
Unit Size
816 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$612
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1948

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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 #72353765)

Price History

Date / Event Date Event Price
Oct 2, 2018 Sold
Premium
Sold
Jun 27, 2018 Listed by WEICHERT REALTORS® - Payzant & Associates $499,000
Listed by WEICHERT REALTORS® - Payzant & Associates

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 17,280
  • Total Building Area: 816
  • Gross Building Area: 1,647
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Plymouth School District
  • School Tax School District: WAREHAM SD
  • Census Tract: 013700

Geography

  • Parcel: WARE M:00004 B:000 L:00007
  • Lot: 7
  • Municipality: WAREHAM
  • Latitude: 41.7362
  • Longitude: -70.6372

    Address

  • Full Address: 5 Fairview Ln
  • Address - House Number: 5
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Buzzards Bay
  • Zip Code: 02532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $829,300

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 827,689
  • High Value: 966,774
  • Low Value: 688,604

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $710,000
  • Assessed Land Value: $572,800
  • Assessed Improvements Value: $137,200

    Sales

  • Current Sale Recording Date: Oct 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 777049
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

2331 ft²

Average Home Age

49.8 years

Currently For Sale

1164 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# 72353765

Frequently Asked Questions

When was property at 5 Fairview Lane built and last sold?
The property at 5 Fairview Lane was built in 1948 and last sold on Jan 1, 1970 for $501,000.
How much is this home worth?
The estimated value of the home located at 5 Fairview Lane is $495,564.
What are some comparable homes to 5 Fairview Lane?
There are currently no comparable homes to 5 Fairview Lane.
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