For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Somerset 02726
115 Fair Dr
$215,000
● House - Off Market

115 Fair Dr

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,164 Ft²
$396,047
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Somerset Raised Ranch is nicely situated at the end of the cul de sac. House has been vinyl sided, newer kitchen, and roof. Finished lower level offers a Family Room and second bath. A little sweat equity and light painting and you have a great home.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$198
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1974

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #71890738)

Price History

Date / Event Date Event Price
Apr 29, 2016 Sold
Premium
Sold
Aug 17, 2015 Listed by KAM Realty $229,900
Listed by KAM Realty
Jun 30, 2005 Sold
Premium
Sold
Feb 20, 2005 Listed by KAM Realty $319,900
Listed by KAM Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,164
  • Gross Building Area: 2,172
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,164
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 644102

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0E2 L:0200
  • Lot: 200
  • Municipality: SOMERSET
  • Latitude: 41.7778
  • Longitude: -71.1261

    Address

  • Full Address: 115 Fair Dr
  • Address - House Number: 115
  • Address - Street Name: Fair
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C065
  • 4-Digit Zip Code: 5927
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $464,500

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 443,037
  • High Value: 531,288
  • Low Value: 354,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,300
  • Assessed Land Value: $156,600
  • Assessed Improvements Value: $209,700

    Sales

  • Current Sale Recording Date: Apr 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6969
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Amount: $300,000
  • 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

$330

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1901 ft²

Average Home Age

58 years

Currently For Sale

26 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# 71890738

Frequently Asked Questions

When was property at 115 Fair Drive built and last sold?
The property at 115 Fair Drive was built in 1974 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 115 Fair Drive is $242,726.
What are some comparable homes to 115 Fair Drive?
There are currently no comparable homes to 115 Fair Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Somerset Homes for Sale
Somerset Houses for Sale
Somerset Condos for Sale
Somerset Multifamily for Sale
Somerset Land for Sale
Somerset Commercial for Sale
Somerset Homes with Basements
Somerset Homes with Pools
Nearby Cities
Taunton Homes for Sale
Fall River Homes for Sale
Tiverton Homes for Sale
Ocean Grove Homes for Sale
North Westport Homes for Sale
Nearby Property Records
Bristol County, MA Property Records
Bristol County, RI Property Records
Newport County, RI Property Records
Providence County, RI Property Records
Plymouth County, MA Property Records
Kent County, RI Property Records
Norfolk County, MA Property Records
Washington County, RI Property Records
Nearby Counties
Taunton Homes for Sale
Fall River Homes for Sale
Swansea Homes for Sale
Westport Homes for Sale
Rehoboth Homes for Sale
Tiverton Homes for Sale
Portsmouth Homes for Sale
Bristol Homes for Sale
Top Real Estate Agents
Top Agents in Somerset
Top Agents in Taunton
Top Agents in Taunton
Top Agents in Fall River
Top Agents in Fall River
Top Agents in 02780
Top Agents in 02720
Top Agents in 02721