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Wareham Center 02571
5 Warr Ave
$290,000
● House - Off Market

5 Warr Ave

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,205 Ft²
$391,524
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Great location for Boating enthusiasts! 3 Bedroom, 1 bath ranch offers a large basement with both indoor and bulkhead access. Pull down stairway to spacious attic storage and detached 2 car garage.  Plenty of space for your autos and boats.  Hardwood in living room, hallways and all bedrooms.  Knotty pine kitchen. Fireplace in living room.  Town water and sewer. Gas available on street. Can't beat the location..across the street from the Marina, a stroll to town fishing pier, village and hospital.  Wareham crossing is just a short drive away.  May not qualify for FHA or VA financing due to peeling paint.  Flood insurance required with a mortgage.  Price quoted through Aon Edge was $782/yr.  Buyer to verify. French drain in basement with sump pump.  House being sold "as is" and is partially furnished.
Unit Size
1,205 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$247
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1954

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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: 5 years ago (MLSPIN #72750776)

Price History

Date / Event Date Event Price
Dec 21, 2020 Sold
Premium
Sold
Oct 30, 2020 Listed by Keller Williams Realty $298,000
Listed by Keller Williams Realty
Aug 31, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 12,048
  • Total Building Area: 1,205
  • Gross Building Area: 2,584
  • Building Area: 1,205
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,205
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • 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: 545400

Geography

  • Parcel: WARE M:00046 B:000 L:00W11
  • Lot: W11
  • Municipality: WAREHAM
  • Latitude: 41.7533
  • Longitude: -70.7113

    Address

  • Full Address: 5 Warr Ave
  • Address - House Number: 5
  • Address - Street Name: Warr
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wareham
  • Carrier Code: C005
  • 4-Digit Zip Code: 2022
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $389,600

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 416,965
  • High Value: 502,800
  • Low Value: 331,129

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $346,900
  • Assessed Land Value: $95,400
  • Assessed Improvements Value: $251,500

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128597
  • Previous Sale Recording Date: Aug 31, 2001
  • Previous Sale Amount: $160,000
  • 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 Wareham Center

Stats & Trends

Median Asking:

$449,999

Sale Price/ft²

$457

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1335 ft²

Average Home Age

97.7 years

Currently For Sale

13 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: 5 years ago
Data Source: MLS PIN, MLS# 72750776

Frequently Asked Questions

When was property at 5 Warr Avenue built and last sold?
The property at 5 Warr Avenue was built in 1954 and last sold on Dec 17, 2020 for $290,000.
How much is this home worth?
The estimated value of the home located at 5 Warr Avenue is $0.
What are some comparable homes to 5 Warr Avenue?
There are currently no comparable homes to 5 Warr Avenue.
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