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Somerset 02726
138 Fordham Drive
$310,000
● House - Off Market

138 Fordham Drive

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,488 Ft²
$468,947
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Must see this spacious well built  Ranch in great location. Home has a spacious backyard at the end of a cul-de-sac. Great for a family or someone down sizing. Featuring hardwoods floors, replacement window, great 4 seasoned sunroom with gas fired wood stove. Large finished heated basement with a full bath and laundry room. 2 garages, one attached and the other sits back with a great workshop and a attached screened in room. Large kitchen and dining area. Nice mud area off the kitchen leading to the garage and basement. This home has a lot to offer.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$208
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1970

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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 #72348019)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Aug 23, 2018 No longer available -
No longer available
Jun 16, 2018 Listed by RE/MAX Right Choice $310,000
Listed by RE/MAX Right Choice

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,134
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,488
  • Gross Building Area: 2,622
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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:0C4 L:0069
  • Lot: 69
  • Municipality: SOMERSET
  • Latitude: 41.7418
  • Longitude: -71.1555

    Address

  • Full Address: 138 Fordham Dr
  • Address - House Number: 138
  • Address - Street Name: Fordham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 3208
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,800

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 498,024
  • High Value: 582,491
  • Low Value: 413,556

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,800
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $244,800

    Sales

  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14438
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# 72348019

Frequently Asked Questions

When was property at 138 Fordham Drive built and last sold?
The property at 138 Fordham Drive was built in 1970 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 138 Fordham Drive is $343,460.
What are some comparable homes to 138 Fordham Drive?
There are currently no comparable homes to 138 Fordham Drive.
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