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Wareham Center 02571
71 Gibbs Ave
$340,000
● House - Off Market

71 Gibbs Ave

Wareham, MA 02571
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,890 Ft²
$445,958
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

JUST WOW! This home has been completely remodeled leaving nothing left to do but move in!. This home has so much to offer with just under 2000 SqFt of living space and Beautifully finished hardwood floors throughout, Carpet in bedrooms. Great Open concept you don't want to miss out on this beautiful Wareham home. All offers to be submitted by Monday  8/3/2020 at 3pm.
Unit Size
1,890 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$175
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1850

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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 #72700710)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Jul 19, 2021 Listed by RE/MAX Vantage $400,000
Listed by RE/MAX Vantage
Sep 21, 2020 Sold
Premium
Sold
Jul 30, 2020 Listed by RE/MAX Vantage $329,900
Listed by RE/MAX Vantage
Feb 15, 2019 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 20,070
  • Total Building Area: 1,890
  • Gross Building Area: 2,721
  • Building Area: 1,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,890
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000461
  • 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: 545400

Geography

  • Parcel: WARE M:00061 B:000 L:01196
  • Lot: 1196
  • Municipality: WAREHAM
  • Latitude: 41.7624
  • Longitude: -70.7266

    Address

  • Full Address: 71 Gibbs Ave
  • Address - House Number: 71
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wareham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1440
  • Zip Code: 02571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $497,800

    Appraisal Valuation

  • Standard Deviation: 0.2462
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 526,390
  • High Value: 656,003
  • Low Value: 396,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,300
  • Assessed Land Value: $95,500
  • Assessed Improvements Value: $347,800

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 106453
  • Previous Sale Recording Date: Sep 21, 2020
  • Previous Sale Contract Date: Sep 15, 2020
  • Previous Sale Amount: $340,000
  • 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 Wareham Center

Stats & Trends

Median Asking:

$442,500

Sale Price/ft²

$459

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1377 ft²

Average Home Age

99.5 years

Currently For Sale

12 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72700710

Frequently Asked Questions

When was property at 71 Gibbs Avenue built and last sold?
The property at 71 Gibbs Avenue was built in 1850 and last sold on Sep 20, 2021 for $435,000.
How much is this home worth?
The estimated value of the home located at 71 Gibbs Avenue is $410,080.
What are some comparable homes to 71 Gibbs Avenue?
There are currently no comparable homes to 71 Gibbs Avenue.
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