$430,000
●
Condo -
Off Market
5A Cranberry Grove Way #A
Wareham, MA 02571
2 Beds
2 Baths
1,338 Ft²
$387,939
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Cranberry Grove is a well-maintained 55+ community that features
one level, 2BR, 2BA units with professional landscaping, irrigation
& 2 parking spaces. Lots of storage in these units with pull
down attic & separate utility/laundry room. This customized
end-unit has many recent upgrades such as new kitchen cabinets,
quartz countertops, stainless appliances and a tile backsplash
providing a coastal feel. Also features a Generac automatic
generator and cleared pathways in wooded area behind unit.
Association allows owner to maintain area beyond grass for
seating, planting, etc. Beach access approximately 1 mile
down road. Town water, sewer and natural gas! THIS UNIT IS A
MUST SEE!
Unit Size
1,338 Ft²
Days on Market
-
Land Size
-
Price per sqft
$291
Property Type
Condo
Property Taxes
$271
HOA Dues
$350
Year Built
-
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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: 4 years ago (MLSPIN #73106563)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | In contract | - | |
| In contract | |||
| May 2, 2023 | Listed by Dawson Real Estate | $389,000 | |
| Listed by Dawson Real Estate | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Carpet, Laminate
Laundry Features: In Unit
Rooms: 5
Basement: N
Parking Details
Parking Features: Assigned, Paved
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Building Name: Cranberry Grove
Structure Type: Attached
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Deck, Covered
Lead Paint: None
Lot Size Units: Acres
Zoning: MR30
Parcel Number: M:00056 B:000 L:000CG5A, 4311132
Water Source: Public
Financial Details
Tax Map Number: 56
Tax Assessed Value: $270,200
Tax Annual Amount: $3,251
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $350
Community Features: Adult Community
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/02/2023
|
2 Bed
|
2 Bath
|
1338 ft²
|
$389,000
2 Bed
2 Bath
1338 ft²
|
$430,000
+10.54%
07/07/2023
|
Joyce Torelli
ERA Key Realty Services - Distinctive Group
| |
|
10/12/2000
|
2 Bed
|
2 Bath
|
1380 ft²
|
$169,900
2 Bed
2 Bath
1380 ft²
|
$169,900
11/30/2001
|
Debra Blais
Debbie Blais Real Estate, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017