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Somerset 02726
127 Circle Dr
$400,000
● House - Off Market

127 Circle Dr

Somerset, MA 02726
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$414,975
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

NEW ROOF, NEW FURNACE & FRESH PAINT! Enjoy the privacy, peace, and tranquility of this North Somerset home that is tucked away on the end of a cul de sac. This home features 4 bedrooms, 2 full bathrooms, an office, an eat-in kitchen, hardwood floors, and a one-year-old natural gas furnace for heat. The partially finished basement also offers additional space while the unfinished basement offers plenty of storage, in addition to the detached shed. The property also provides plenty of parking, a deck as well as a quarter acre of space for outdoor entertaining and is only just a 10-minute stroll to the Somerset Waterfront Park. What more can you ask for? This private paradise offers so many possibilities and won't last long.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$279
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1977

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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 #72979311)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
May 10, 2022 Listed by Clockhouse Realty $399,000
Listed by Clockhouse Realty
Oct 10, 2003 Sold
Premium
Sold
Aug 21, 2003 Listed by Clockhouse Realty $269,000
Listed by Clockhouse Realty
Dec 15, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,428
  • Gross Building Area: 2,244
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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:0199
  • Lot: 199
  • Municipality: SOMERSET
  • Latitude: 41.7767
  • Longitude: -71.1238

    Address

  • Full Address: 127 Circle Dr
  • Address - House Number: 127
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C059
  • 4-Digit Zip Code: 5914
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,100

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 433,312
  • High Value: 511,173
  • Low Value: 355,451

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,500
  • Assessed Land Value: $157,400
  • Assessed Improvements Value: $188,100

    Sales

  • Current Sale Contract Date: Sep 14, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16391
  • Previous Sale Recording Date: Oct 10, 2003
  • Previous Sale Amount: $270,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72979311

Frequently Asked Questions

When was property at 127 Circle Drive built and last sold?
The property at 127 Circle Drive was built in 1977 and last sold on Sep 14, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 127 Circle Drive is $401,101.
What are some comparable homes to 127 Circle Drive?
There are currently no comparable homes to 127 Circle Drive.
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