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West Wareham 02576
53 Papermill Rd
$230,000
● House - Off Market

53 Papermill Rd

Wareham, MA 02576
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$520,849
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

This is a nice three bedroom ranch with master bath. There is a Flue in the combined living /dining area for woodburning stove or gas stove. Attached two car garage and large one acre lot. This property is in the first look program so only primary home buyers until 5/18. All offers must have pre-approval or proof of funds. P&S must be signed 48 hrs after offer is approved. Seller addendums which can not be changed. Bank check with P&S.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$168
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71225913)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Aug 26, 2011 Sold
Premium
Sold
May 3, 2011 Listed by Noonan Real Estate $235,000
Listed by Noonan Real Estate
Sep 14, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 43,560
  • Total Building Area: 1,400
  • Gross Building Area: 3,676
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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:00097 B:000 L:00013
  • Lot: 13
  • Municipality: WAREHAM
  • Latitude: 41.7832
  • Longitude: -70.7692

    Address

  • Full Address: 53 Papermill Rd
  • Address - House Number: 53
  • Address - Street Name: Papermill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Wareham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1312
  • Zip Code: 02576

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,500

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 561,743
  • High Value: 673,295
  • Low Value: 450,191

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $493,800
  • Assessed Land Value: $108,800
  • Assessed Improvements Value: $385,000

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42893
  • Previous Sale Recording Date: Aug 26, 2011
  • Previous Sale Amount: $230,000
  • 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 West Wareham

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1651 ft²

Average Home Age

70.4 years

Currently For Sale

0 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# 71225913

Frequently Asked Questions

When was property at 53 Papermill Road built and last sold?
The property at 53 Papermill Road was built in 2004 and last sold on Jul 7, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 53 Papermill Road is $236,992.
What are some comparable homes to 53 Papermill Road?
There are currently no comparable homes to 53 Papermill Road.
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