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Weweantic 02571
56 Hathaway St
$260,000
● House - Off Market

56 Hathaway St

Wareham, MA 02571
bedrooms
2 Beds
bathrooms
1 Bath
square feet
769 Ft²
$269,918
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Don't miss an opportunity to buy in Weweantic Shores in Wareham! This 769 sq. ft. cottage was originally built in 1950, in the early days of the Weweantic Shores community. The double lot of 0.23 acre offers the new owner many possibilities to either restore and/or expand the existing 2 bedroom, 1 bath cottage or take advantage of this oversized corner lot and build a new home. The community offers close proximity to the Weweantic River, just a short walk down 7th Street to stairs to the water's edge for paddle boarding or kayaking. The house will need updates and is being sold in an "As Is" condition.
Unit Size
769 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$319
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1950

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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 #72902309)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Sep 30, 2021 Listed by Weichert, REALTORS® - Donahue Partners $245,000
Listed by Weichert, REALTORS® - Donahue Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 9,914
  • Total Building Area: 899
  • Gross Building Area: 1,798
  • Building Area: 899
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 899
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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:00059 B:000 L:0W142
  • Lot: W142
  • Municipality: WAREHAM
  • Latitude: 41.7474
  • Longitude: -70.7415

    Address

  • Full Address: 56 Hathaway St
  • Address - House Number: 56
  • Address - Street Name: Hathaway
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wareham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1333
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $306,600

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 320,270
  • High Value: 386,201
  • Low Value: 254,340

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $273,000
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $187,300

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 140606
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 Weweantic

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$409

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1962 ft²

Average Home Age

33.5 years

Currently For Sale

8 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# 72902309

Frequently Asked Questions

When was property at 56 Hathaway Street built and last sold?
The property at 56 Hathaway Street was built in 1950 and last sold on Dec 15, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 56 Hathaway Street is $0.
What are some comparable homes to 56 Hathaway Street?
There are currently no comparable homes to 56 Hathaway Street.
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