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Hampshire 01082
56 Coffey Hill Rd
$288,000
● House - Off Market

56 Coffey Hill Rd

Ware, MA 01082
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,514 Ft²
$1,821
Est. Monthly

About This Property

Attention Contractors, Flippers: Opportunity awaits with this 2 bedroom, 2 bath property. Bring your vision to bring this home back to it's full potential. 3.77 Acres land  (164,108 Sq.Ft) Total Area:3,921 Sq.Ft
Unit Size
1,514 Ft²
Days on Market
-
Land Size
3.77 acres
Price per sqft
$190
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1990

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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 #73275644)

Price History

Date / Event Date Event Price
Sep 10, 2024 Sold
Premium
Sold
Aug 18, 2024 In contract -
In contract
Aug 8, 2024 Listed by East West Real Estate, LLC $288,000
Listed by East West Real Estate, LLC
Attention Contractors, Flippers: Opportunity awaits with this 2 bedroom, 2 bath property. Bring your vision to bring this home back to it's full potential. 3.77 Acres land (164,108 Sq.Ft) Total Area:3,921 Sq.Ft
Aug 27, 2021 Sold
Premium
Sold
May 13, 2021 Listed by East West Real Estate, LLC $339,900
Listed by East West Real Estate, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,012
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 164,108
  • Total Building Area: 1,514
  • Gross Building Area: 3,921
  • Building Area: 1,514
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,514
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003767
  • 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: RR

Geography

  • Account Number: 101353
  • Parcel: WARE M:00014 B:00022 L:00008
  • Block: 22
  • Lot: 8
  • Municipality: WARE
  • Latitude: 42.2585
  • Longitude: -72.3186

    Address

  • Full Address: 56 Coffey Hill Rd
  • Address - House Number: 56
  • Address - Street Name: Coffey Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ware
  • Carrier Code: R001
  • 4-Digit Zip Code: 9419
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,800

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 400,103
  • High Value: 477,625
  • Low Value: 322,581

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,000
  • Assessed Land Value: $66,800
  • Assessed Improvements Value: $211,200

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21393
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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73275644

Frequently Asked Questions

When was property at 56 Coffey Hill Road built and last sold?
The property at 56 Coffey Hill Road was built in 1990 and last sold on Aug 27, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 56 Coffey Hill Road is $307,727.
What are some comparable homes to 56 Coffey Hill Road?
There are currently no comparable homes to 56 Coffey Hill Road.
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