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West Wareham 02576
55 Papermill Road
$281,000
● House - Off Market

55 Papermill Road

Wareham, MA 02576
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$620,822
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Fantastic Value-nothing to do but move right in. Completely renovated home featuring modern eat-in kitchen with Energy Star appliances & granite counters. Solid bamboo hardwood floors in fireplaced living room & hallway. Three bedrooms, all with new carpets. Two baths, full basement with interior access & new bulkhead. Large family room looking out over back yard. Attached garage with bonus 896 sq. ft. room above. All of this on 2+ acres-come and see.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$173
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1972

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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 #71409055)

Price History

Date / Event Date Event Price
Nov 2, 2012 Sold
Premium
Sold
Jul 13, 2012 Listed by Coldwell Banker Residential Brokerage - Marion $287,500
Listed by Coldwell Banker Residential Brokerage - Marion
Dec 13, 2011 Sold
Premium
Sold
Aug 31, 2011 Listed by Coldwell Banker Residential Brokerage - Marion $134,900
Listed by Coldwell Banker Residential Brokerage - Marion

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 87,991
  • Total Building Area: 1,344
  • Gross Building Area: 4,960
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002020
  • 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:00011
  • Lot: 11
  • Municipality: WAREHAM
  • Latitude: 41.7833
  • Longitude: -70.7699

    Address

  • Full Address: 55 Papermill Rd
  • Address - House Number: 55
  • 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: $598,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 591,219
  • High Value: 693,201
  • Low Value: 489,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,000
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $416,000

    Sales

  • Current Sale Recording Date: Nov 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Dec 13, 2011
  • Previous Sale Amount: $121,500
  • 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# 71409055

Frequently Asked Questions

When was property at 55 Papermill Road built and last sold?
The property at 55 Papermill Road was built in 1972 and last sold on Jan 1, 1970 for $281,000.
How much is this home worth?
The estimated value of the home located at 55 Papermill Road is $285,000.
What are some comparable homes to 55 Papermill Road?
There are currently no comparable homes to 55 Papermill Road.
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