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$29,000
● Property - Off Market

5 Madeline

Wareham, MA
bedrooms
Studio
bathrooms
1 Bath
square feet
780 Ft²
$53,222
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Move in ready mobile.  Upgrades include new bathroom with over size shower,  wall insulation & new sheet rock, new electrical boxes, new ceiling lights,  fresh paint.  FHA heat  by propane but natural gas for the kitchen stove for easy heat conversion or addition of central air.  One of the few parks that is dog friendly.  Owner is ready t move on.
Unit Size
780 Ft²
Days on Market
-
Land Size
-
Price per sqft
$38
Property Type
Property
Property Taxes
-
HOA Dues
$437
Year Built
-

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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 years ago (MLSPIN #71878940)

Price History

Date / Event Date Event Price
Nov 10, 2015 Sold
Premium
Sold
Jul 24, 2015 Listed by Kinlin Grover Compass $29,999
Listed by Kinlin Grover Compass

Property Highlights

Air Conditioning
Parking Available
Interior Details
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile
Laundry Features: Washer Hookup
Rooms: 4
Parking Details
Parking Features: Off Street
Exterior Details
Road Responsibility: Private Maintained Road
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Mobile Home
Structure Type: House
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Modular
Patio and Porch Features: Deck - Roof
Lead Paint: Unknown
Lot Features: Level
Lot Size Units: Acres
Zoning: 00
Water Source: Public
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Propane
Sewer : Private Sewer
Location Details
HOA Fee: $437
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71878940
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