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Ware 01082
8 Cherry St
$10,000
● House - Off Market

8 Cherry St

Ware, MA 01082
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,840 Ft²
$43,340
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

PRICE DROP! Are you looking for a winter project??? ----- Bring your tool belt!   This great big home was once a two family but was more recently used as a one family.  Lots of space  and lots of work here,  Home is in need of someone who wants to fix her up and make her shine!  Will not qualify for traditional financing.  Cash or 203K loans only.  Easy to show......SELLER WANTS OFFERS!!
Unit Size
2,840 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$9
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1900

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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 #71910571)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
Jan 12, 2021 Listed by Keller Williams Realty $174,900
Listed by Keller Williams Realty
Nov 4, 2019 Sold
Premium
Sold
Mar 15, 2016 Sold
Premium
Sold
Sep 25, 2015 Listed by Keller Williams Realty $24,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,380
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,948
  • Total Building Area: 3,323
  • Gross Building Area: 5,720
  • Building Area: 3,323
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,323
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Ware School District
  • School Tax School District: WARE SD
  • Census Tract: 820101

Zoning

  • Zoning: I

Geography

  • Account Number: 557
  • Parcel: WARE M:00061 B:00000 L:00174
  • Lot: 174
  • Municipality: WARE
  • Latitude: 42.2605
  • Longitude: -72.2338

    Address

  • Full Address: 8 Cherry St
  • Address - House Number: 8
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ware
  • Carrier Code: C003
  • 4-Digit Zip Code: 1502
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $255,600

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 203,315
  • High Value: 247,435
  • Low Value: 159,195

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,100
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $124,100

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17448
  • Previous Sale Recording Date: Nov 04, 2019
  • Previous Sale Contract Date: Nov 04, 2019
  • Previous Sale Amount: $37,500
  • 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 Ware

Stats & Trends

Median Asking:

$292,200

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2464 ft²

Average Home Age

131.2 years

Currently For Sale

17 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# 71910571

Frequently Asked Questions

When was property at 8 Cherry Street built and last sold?
The property at 8 Cherry Street was built in 1900 and last sold on Jul 15, 2021 for $165,000.
How much is this home worth?
The estimated value of the home located at 8 Cherry Street is $173,557.
What are some comparable homes to 8 Cherry Street?
There are currently no comparable homes to 8 Cherry Street.
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