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Hampshire 01082
7 Big Tree Drive
$500,000
● House - Off Market

7 Big Tree Drive

Ware, MA 01082
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$478,115
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

OPEN HOUSE Saturday (August 12th) from 11:30 am to 1:00 pm..... first showings. Stately (4) bedroom, 2.5 colonial situated on a cul-de-sac 2.72 acre lot in Timber Frame Estates. This well cared for home offers a brand new kitchen with stainless steel appliances and a (9x5) center island w/cook top and exterior venting, mudroom w/half  bath, first floor  bedroom, a 2nd floor laundry... Exterior is a private 2.72 acre lot with newer above ground pool, and leads to the Beaver Lake Water Shed where you can enjoy canoeing and kayaking.  A truly wonderful family home. Attached to listing: Sellers Description of Property, Energy Costs, Covenants, Plot Plan
Unit Size
2,400 Ft²
Days on Market
-
Land Size
2.72 acres
Price per sqft
$200
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
2004

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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: 5 months ago (MLSPIN #73144818)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Aug 14, 2023 In contract -
In contract
Aug 7, 2023 Listed by Park Square Realty $479,900
Listed by Park Square Realty
Jun 30, 2005 Sold
Premium
Sold
Mar 1, 2005 Listed by Park Square Realty $345,000
Listed by Park Square Realty
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,290
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 118,483
  • Total Building Area: 2,400
  • Gross Building Area: 4,494
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002720
  • 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: 820101

Zoning

  • Zoning: RR

Geography

  • Account Number: 5091
  • Parcel: WARE M:00026 B:00011 L:00007
  • Block: 11
  • Lot: 7
  • Municipality: WARE
  • Latitude: 42.2729
  • Longitude: -72.3057

    Address

  • Full Address: 7 Big Tree Dr
  • Address - House Number: 7
  • Address - Street Name: Big Tree
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ware
  • Carrier Code: R001
  • 4-Digit Zip Code: 9530
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $634,000

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 501,399
  • High Value: 594,063
  • Low Value: 408,735

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,300
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $311,300

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17159
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Amount: $345,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$466,500

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2080 ft²

Average Home Age

71 years

Currently For Sale

362 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 months ago
Data Source: MLS PIN, MLS# 73144818

Frequently Asked Questions

When was property at 7 Big Tree Drive built and last sold?
The property at 7 Big Tree Drive was built in 2004 and last sold on Oct 31, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 7 Big Tree Drive is $493,072.
What are some comparable homes to 7 Big Tree Drive?
There are currently no comparable homes to 7 Big Tree Drive.
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