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Ware 01082
6 Laurel Drive
Photo of 6 Laurel Drive
Sold on Oct 28, 2011

1

Map

$104,500
● House - Off Market

6 Laurel Drive

Ware, MA 01082
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,823 Ft²
$237,543
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Looking for a place for mom? This large Ranch is designed with two separate living areas. Larger unit has 3 bedrooms, 2 baths. Smaller side has a large living area, 2 bedrooms, 1 bath. Don't miss this opportunity if this is the lifestyle you need. This is a Fannie Mae HomePath property - renovation financing may be available with as little as 3% down. Close by October 31, 2011 and you may receive up to 3.5% of the final sales price toward closing costs.
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$57
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1977

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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: 4 months ago (MLSPIN #71276090)

Price History

Date / Event Date Event Price
Oct 31, 2011 Sold
Premium
Sold
Aug 17, 2011 Listed by Jones Group REALTORS® $104,500
Listed by Jones Group REALTORS®
Aug 16, 2011 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,824
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,806
  • Total Building Area: 2,736
  • Gross Building Area: 4,218
  • Building Area: 2,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000501
  • 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: 820102

Zoning

  • Zoning: SR

Geography

  • Account Number: 1792
  • Parcel: WARE M:00011 B:00000 L:00007
  • Lot: 7
  • Municipality: WARE
  • Latitude: 42.2486
  • Longitude: -72.2452

    Address

  • Full Address: 6 Laurel Dr
  • Address - House Number: 6
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ware
  • Carrier Code: R001
  • 4-Digit Zip Code: 1708
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $475,700

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 331,924
  • High Value: 381,264
  • Low Value: 282,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,600
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Recording Date: Oct 31, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 16, 2011
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: 34
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 Ware

Stats & Trends

Median Asking:

$289,700

Sale Price/ft²

$168

Below Asking

0.03%

Average Days on Market

53

Average Home Size

2530 ft²

Average Home Age

133.9 years

Currently For Sale

15 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# 71276090

Frequently Asked Questions

When was property at 6 Laurel Drive built and last sold?
The property at 6 Laurel Drive was built in 1977 and last sold on Jan 1, 1970 for $104,500.
How much is this home worth?
The estimated value of the home located at 6 Laurel Drive is $105,780.
What are some comparable homes to 6 Laurel Drive?
There are currently no comparable homes to 6 Laurel Drive.
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