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Somerset 02726
104 Franklin Rd
$260,000
● House - Off Market

104 Franklin Rd

Somerset, MA 02726
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,544 Ft²
$401,960
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Exceptional cape with attached garage.  Ideal in-law set up.  Nice location near schools, shopping, playground, churches.  Must see this home.  48 hour notice for showings.
Unit Size
2,544 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$114
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72663524)

Price History

Date / Event Date Event Price
Jul 17, 2020 Sold
Premium
Sold
May 28, 2020 Listed by James Velozo Real Estate $289,900
Listed by James Velozo Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,728
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,544
  • Gross Building Area: 4,272
  • Building Area: 2,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerset-Berkley School District
  • School Tax School District: SOMERSET SD
  • School Tax District Code 2: SOMERSET BERKLY
  • Census Tract: 644200

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0B7 L:0109
  • Lot: 109
  • Municipality: SOMERSET
  • Latitude: 41.7388
  • Longitude: -71.1703

    Address

  • Full Address: 104 Franklin Rd
  • Address - House Number: 104
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C055
  • 4-Digit Zip Code: 2415
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $525,000

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 470,031
  • High Value: 558,767
  • Low Value: 381,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,000
  • Assessed Land Value: $142,900
  • Assessed Improvements Value: $271,100

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12185
  • Previous Sale Recording Date: Nov 07, 2018
  • 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 Somerset

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1769 ft²

Average Home Age

57.3 years

Currently For Sale

21 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: 6 months ago
Data Source: MLS PIN, MLS# 72663524

Frequently Asked Questions

When was property at 104 Franklin Road built and last sold?
The property at 104 Franklin Road was built in 1940 and last sold on Jul 17, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 104 Franklin Road is $318,742.
What are some comparable homes to 104 Franklin Road?
There are currently no comparable homes to 104 Franklin Road.
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