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Hampshire 01082
74 Beaver Lake Rd
$205,000
● House - Off Market

74 Beaver Lake Rd

Ware, MA 01082
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,380 Ft²
$284,242
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Location Location Location within walking distance to Beaver Lake!  MINUTES TO MANY MAJOR CONVENIENCES~ yet close access to major highways and MA Pike  just minutes away! Eat in Cabinet packed & applianced kitchen with access to formal Dining room. Den with Large windows to over look a wooded back yard.  Living room has Bay window  which could be converted into a 1st floor bedroom.  1st floor bath also includes the washer & dryer. NEED AN EXTENDED LIVING ARRANGEMENT? IN-LAW?  Three Bedrooms on the 2nd floor  All of this on approx 9.5 acres. Enjoy the pleasant breeze in your back yard or take a dip in your in-ground pool.  There is a 2 car garage and a utility shed.  With a little sweat equity you could have a real gem here!
Unit Size
1,380 Ft²
Days on Market
-
Land Size
9.50 acres
Price per sqft
$149
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1938

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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 #72665744)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by Century 21 North East $205,000
Listed by Century 21 North East

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 413,707
  • Total Building Area: 1,380
  • Gross Building Area: 2,378
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009497
  • 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: 2092
  • Parcel: WARE M:00008 B:00000 L:00037
  • Lot: 37
  • Municipality: WARE
  • Latitude: 42.2481
  • Longitude: -72.3034

    Address

  • Full Address: 74 Beaver Lake Rd
  • Address - House Number: 74
  • Address - Street Name: Beaver Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ware
  • Carrier Code: R001
  • 4-Digit Zip Code: 9452
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,600

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 307,361
  • High Value: 374,026
  • Low Value: 240,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,300
  • Assessed Land Value: $54,300
  • Assessed Improvements Value: $161,000

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14317
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:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2083 ft²

Average Home Age

71.5 years

Currently For Sale

363 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72665744

Frequently Asked Questions

When was property at 74 Beaver Lake Road built and last sold?
The property at 74 Beaver Lake Road was built in 1938 and last sold on Jul 14, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 74 Beaver Lake Road is $217,723.
What are some comparable homes to 74 Beaver Lake Road?
There are currently no comparable homes to 74 Beaver Lake Road.
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