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Somerset 02726
1104 Read St
$210,000
● House - Off Market

1104 Read St

Somerset, MA 02726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$385,810
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

OPPORTUNITY ONLY KNOCKS ONCE!  THIS  FANTASTIC CAPE SITS ON A INCREDIBLE 1.93 ACRES OF LAND! THIS HOME WAS CONVERTED TO GAS IN 2013 AND  FEATURES NEWER WOOD SIDING, NEWER ARCHITECTURAL ROOF, CUSTOM MADE KITCHEN CABINETS, NEWER GAS FURNACE AND HOT WATER TANK INSTALLED 11/13, AND GAS INSERT FOR FIREPLACE. ALL APPLIANCES ARE  INCLUDED IN THE SALE: RANGE, REFRIDGERATOR, DISHWASHER, BUILT-IN MICROWAVE, WASHER, AND DRYER. REAR DECK IS NOT USEABLE AND NEEDS TO BE REBUILT. WITH SOME VERY LIGHT COSMETIC'S, THIS IS THE PERFECT PLACE TO CALL HOME. SELLER IS RELOCATING AND WILL ENTERTAIN ALL REASONABLE OFFERS. THIS ONE IS PRICED TO SELL AND WONT LAST LONG!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
1.93 acres
Price per sqft
$162
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1929

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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 #71895870)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Jul 10, 2021 Listed by Turbo Sell, Inc. $395,000
Listed by Turbo Sell, Inc.
Dec 21, 2020 Sold
Premium
Sold
Oct 25, 2020 Listed by Turbo Sell, Inc. $339,000
Listed by Turbo Sell, Inc.
Oct 6, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 896
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,071
  • Total Building Area: 1,536
  • Gross Building Area: 2,432
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001930
  • 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:0092
  • Lot: 92
  • Municipality: SOMERSET
  • Latitude: 41.7379
  • Longitude: -71.1721

    Address

  • Full Address: 1104 Read St
  • Address - House Number: 1104
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C055
  • 4-Digit Zip Code: 2433
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 442,201
  • High Value: 514,152
  • Low Value: 370,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,400
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $177,900

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23466
  • Previous Sale Recording Date: Dec 21, 2020
  • Previous Sale Contract Date: Dec 21, 2020
  • Previous Sale Amount: $329,000
  • 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 Somerset

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1758 ft²

Average Home Age

66.9 years

Currently For Sale

23 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: 6 months ago
Data Source: MLS PIN, MLS# 71895870

Frequently Asked Questions

When was property at 1104 Read Street built and last sold?
The property at 1104 Read Street was built in 1929 and last sold on Oct 8, 2021 for $393,000.
How much is this home worth?
The estimated value of the home located at 1104 Read Street is $405,741.
What are some comparable homes to 1104 Read Street?
There are currently no comparable homes to 1104 Read Street.
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