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Wareham Center 02571
6 Bourne Terrace
$135,000
● House - Off Market

6 Bourne Terrace

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
1 Bath
square feet
984 Ft²
$286,038
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Charming & Solidly built ranch style home overlooks Broad Marsh. Needs Renovation, but has lots of potential and a marsh view. Knotty Pine, hardwood flooring, coffered ceiling in living room. Cast Iron baseboards. Large yard next to Broad Marsh on quiet street near Shopping, Town Hall, and Wareham Center.
Unit Size
984 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$141
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1953

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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 #71474290)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by Divito Realty $339,000
Listed by Divito Realty
Mar 7, 2013 Sold
Premium
Sold
Jan 21, 2013 Listed by Divito Realty $139,000
Listed by Divito Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 13,400
  • Total Building Area: 984
  • Gross Building Area: 2,041
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000308
  • 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: 545400

Geography

  • Parcel: WARE M:00048 B:000 L:00T11
  • Lot: T11
  • Municipality: WAREHAM
  • Latitude: 41.757
  • Longitude: -70.7285

    Address

  • Full Address: 6 Bourne Ter
  • Address - House Number: 6
  • Address - Street Name: Bourne
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Wareham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1928
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $349,400

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 383,049
  • High Value: 448,672
  • Low Value: 317,425

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $311,100
  • Assessed Land Value: $87,300
  • Assessed Improvements Value: $223,800

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124740
  • Previous Sale Recording Date: Mar 07, 2013
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: O
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 Wareham Center

Stats & Trends

Median Asking:

$442,500

Sale Price/ft²

$459

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1377 ft²

Average Home Age

99.5 years

Currently For Sale

12 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# 71474290

Frequently Asked Questions

When was property at 6 Bourne Terrace built and last sold?
The property at 6 Bourne Terrace was built in 1953 and last sold on Oct 26, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 6 Bourne Terrace is $387,899.
What are some comparable homes to 6 Bourne Terrace?
There are currently no comparable homes to 6 Bourne Terrace.
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