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Weweantic 02571
7 Lynne
$640,000
● House - Off Market

7 Lynne

Wareham, MA 02571
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,284 Ft²
$625,477
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Swifts Beach Gem. Rare to come across such a large ranch in this area.  Great lighting throughout this  2200+ square feet home, with open floor plan.  Walk to the beach or new playground.  Sprawling one level home with five bedrooms and three bathrooms. Beautiful kitchen remodeled in 2020 with all new appliances.  Composite deck also completed in 2020.  There is central air and irrigation.  The electric has been done for a generator.  Huge basement with washer dryer hookup. There is a bonus room that could be used as an office, craft, or playroom.  Nice fenced in yard with firepit. Turnkey home!
Unit Size
2,284 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$275
Property Type
House
Property Taxes
$483
HOA Dues
$21
Year Built
2005

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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 #73135710)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jul 30, 2023 In contract -
In contract
Jul 12, 2023 Listed by Conway - Wareham $629,000
Listed by Conway - Wareham
Apr 22, 2019 Sold
Premium
Sold
Mar 17, 2019 Listed by Conway - Wareham $349,000
Listed by Conway - Wareham
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 10,000
  • Total Building Area: 2,284
  • Gross Building Area: 4,852
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAVER MDWS CLSTR DEV
  • Land Acres: 0000000230
  • 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:00055 B:000 L:000L3
  • Lot: L3
  • Municipality: WAREHAM
  • Latitude: 41.7464
  • Longitude: -70.7243

    Address

  • Full Address: 7 Lynne Rd
  • Address - House Number: 7
  • Address - Street Name: Lynne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wareham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1985
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 651,933
  • High Value: 773,446
  • Low Value: 530,419

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,400
  • Assessed Land Value: $94,400
  • Assessed Improvements Value: $445,000

    Sales

  • Current Sale Contract Date: Aug 07, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52752
  • Previous Sale Recording Date: Apr 22, 2019
  • Previous Sale Contract Date: Apr 22, 2019
  • Previous Sale Amount: $368,000
  • 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 Weweantic

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2025 ft²

Average Home Age

33.5 years

Currently For Sale

8 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# 73135710

Frequently Asked Questions

When was property at 7 Lynne Road built and last sold?
The property at 7 Lynne Road was built in 2005 and last sold on Aug 7, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 7 Lynne Road is $624,594.
What are some comparable homes to 7 Lynne Road?
There are currently no comparable homes to 7 Lynne Road.
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