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Somerset 02726
137 Wellesley
$302,500
● House - Off Market

137 Wellesley

Somerset, MA 02726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
957 Ft²
$454,598
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Efficiency here in this completely remodeled ranch home on quiet cul-de-sac. In 2015 EVERYTHING was done on this home to the highest quality. This home is a perfect downsizer or first home you can move right into. Prepare for low utility bills with the Triangle condensing boiler and tankless hot water heater, central AC and new thermo windows and doors. Weather any storm with the whole house generator, safety for pets with fenced yard, and summer enjoyment of back deck. If you are looking for perfection, this home is your last stop.
Unit Size
957 Ft²
Days on Market
-
Land Size
-
Price per sqft
$313
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #72320859)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
May 3, 2018 Listed by William Raveis $299,900
Listed by William Raveis
Jun 3, 2015 Sold
Premium
Sold
Apr 23, 2015 Listed by William Raveis $199,900
Listed by William Raveis
Oct 31, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 957
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 957
  • Gross Building Area: 1,914
  • Building Area: 957
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 11
  • Heated Square Feet: 957
  • 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: 644200

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0B5 L:0185
  • Lot: 185
  • Municipality: SOMERSET
  • Latitude: 41.7395
  • Longitude: -71.1596

    Address

  • Full Address: 137 Wellesley Dr
  • Address - House Number: 137
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 3100
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 476,769
  • High Value: 557,632
  • Low Value: 395,907

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,100
  • Assessed Land Value: $157,500
  • Assessed Improvements Value: $221,600

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10521
  • Previous Sale Recording Date: Jun 03, 2015
  • Previous Sale Amount: $185,000
  • 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:

$529,900

Sale Price/ft²

$330

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1770 ft²

Average Home Age

58.8 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 72320859

Frequently Asked Questions

When was property at 137 Wellesley Drive built and last sold?
The property at 137 Wellesley Drive was built in 1971 and last sold on Jan 1, 1970 for $302,500.
How much is this home worth?
The estimated value of the home located at 137 Wellesley Drive is $301,804.
What are some comparable homes to 137 Wellesley Drive?
There are currently no comparable homes to 137 Wellesley Drive.
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