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Ware 01082
60 Morse Ave
$176,000
● House - Off Market

60 Morse Ave

Ware, MA 01082
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,754 Ft²
$238,589
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

This eight room colonial is vinyl sided with insulated windows.  There are hardwood floors in all four 2nd floor bedrooms including the hallway.  Most of the first floor has hardwood floors also.  There are plumbing issues with the 1st and 2nd floor bathrooms, and are in need of updating.  There is an outside shed with a workshop. There is also, an approximately 2 year old, beautiful 22' x 30' steel building with one 10' high garage door to accommodate most large vehicles and trailers.  The property consists of two parcels with a frontage of approximately 103'.  Located on the east side of Ware on a very quiet street, yet close to downtown amenities.
Unit Size
1,754 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$103
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1890

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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: 5 years ago (MLSPIN #72733593)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 28, 2020 Listed by RE/MAX Prof Associates $180,000
Listed by RE/MAX Prof Associates
Dec 20, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 909
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,869
  • Total Building Area: 1,754
  • Gross Building Area: 3,622
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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: 2245
  • Parcel: WARE M:00058 B:00000 L:00027
  • Lot: 27
  • Municipality: WARE
  • Latitude: 42.258
  • Longitude: -72.2276

    Address

  • Full Address: 60 Morse Ave
  • Address - House Number: 60
  • Address - Street Name: Morse
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ware
  • Carrier Code: C002
  • 4-Digit Zip Code: 1599
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,300

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 262,961
  • High Value: 302,148
  • Low Value: 223,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,400
  • Assessed Land Value: $24,200
  • Assessed Improvements Value: $178,200

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 24806
  • Previous Sale Recording Date: Dec 20, 1991
  • Previous Sale Amount: $85,500
  • Previous Sale Document Type: 27
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:

$289,900

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2389 ft²

Average Home Age

131.2 years

Currently For Sale

25 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# 72733593

Frequently Asked Questions

When was property at 60 Morse Avenue built and last sold?
The property at 60 Morse Avenue was built in 1890 and last sold on Nov 19, 2020 for $176,000.
How much is this home worth?
The estimated value of the home located at 60 Morse Avenue is $183,970.
What are some comparable homes to 60 Morse Avenue?
There are currently no comparable homes to 60 Morse Avenue.
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