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West Wareham 02576
63 Papermill Rd
$240,000
● House - Off Market

63 Papermill Rd

Wareham, MA 02576
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,510 Ft²
$457,240
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Great West Wareham location.  Cleared, level yard offers plenty of space to roam and play.  Main level has an open feel with cathedral ceilings and a fireplace.  Skylights bring in natural light.  Enclosed sun room overlooks the expansive back yard.  Front to back master bedroom with walk in closet.  Lower level is completely finished with a bedroom, laundry room, family room and play room/bonus room.  This home has plenty of space and is move in ready.  Not a thing to do but unpack.
Unit Size
2,510 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$94
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1986

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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 #71550003)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed by RE/MAX Spectrum $399,900
Listed by RE/MAX Spectrum
Aug 30, 2013 Sold
Premium
Sold
Jul 1, 2013 Listed by RE/MAX Spectrum $235,000
Listed by RE/MAX Spectrum
May 24, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 9
  • Basement Area: 866
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,144
  • Gross Building Area: 2,525
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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:00097 B:000 L:00008
  • Lot: 8
  • Municipality: WAREHAM
  • Latitude: 41.7838
  • Longitude: -70.7709

    Address

  • Full Address: 63 Papermill Rd
  • Address - House Number: 63
  • Address - Street Name: Papermill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Wareham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1312
  • Zip Code: 02576

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $496,300

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 508,782
  • High Value: 595,946
  • Low Value: 421,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $441,900
  • Assessed Land Value: $108,900
  • Assessed Improvements Value: $333,000

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138464
  • Previous Sale Recording Date: Aug 30, 2013
  • Previous Sale Amount: $240,000
  • 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 West Wareham

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1651 ft²

Average Home Age

70.4 years

Currently For Sale

0 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# 71550003

Frequently Asked Questions

When was property at 63 Papermill Road built and last sold?
The property at 63 Papermill Road was built in 1986 and last sold on Dec 9, 2021 for $415,000.
How much is this home worth?
The estimated value of the home located at 63 Papermill Road is $398,430.
What are some comparable homes to 63 Papermill Road?
There are currently no comparable homes to 63 Papermill Road.
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