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Ware 01082
5 Towne St
$249,000
● House - Off Market

5 Towne St

Ware, MA 01082
bedrooms
1 Bed
bathrooms
1 Bath
square feet
719 Ft²
$1,414
Est. Monthly

About This Property

You do not want to miss this quaint, single family home on a great lot! This convenient location in Ware has easy access to both the Mass Turnpike and RT9. This property boasts 1 level living and an open floorplan. A nice private backyard and 1 car garage to park your car and for extra storage. The 3 season porch leads to a wood deck for relaxing in the afternoons. This property will not last. Contact us today to schedule a showing.
Unit Size
719 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$332
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1947

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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 #73255394)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jul 4, 2024 In contract -
In contract
Jun 20, 2024 Listed by Aprilian Inc. $239,000
Listed by Aprilian Inc.
May 26, 2021 Sold
Premium
Sold
Mar 29, 2021 Listed by Aprilian Inc. $199,413
Listed by Aprilian Inc.
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 719
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 719
  • Gross Building Area: 1,606
  • Building Area: 719
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 719
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ware School District
  • School Tax School District: WARE SD
  • Census Tract: 820101

Zoning

  • Zoning: SR

Geography

  • Account Number: 3369
  • Parcel: WARE M:00051 B:00000 L:00045
  • Lot: 45
  • Municipality: WARE
  • Latitude: 42.2483
  • Longitude: -72.2622

    Address

  • Full Address: 5 Towne St
  • Address - House Number: 5
  • Address - Street Name: Towne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ware
  • Carrier Code: R003
  • 4-Digit Zip Code: 9744
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $288,100

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 234,496
  • High Value: 285,357
  • Low Value: 183,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,900
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $128,900

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12732
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 27
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 Ware

Stats & Trends

Median Asking:

$294,500

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2474 ft²

Average Home Age

133.7 years

Currently For Sale

18 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# 73255394

Frequently Asked Questions

When was property at 5 Towne Street built and last sold?
The property at 5 Towne Street was built in 1947 and last sold on May 26, 2021 for $183,500.
How much is this home worth?
The estimated value of the home located at 5 Towne Street is $234,103.
What are some comparable homes to 5 Towne Street?
There are currently no comparable homes to 5 Towne Street.
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