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Somerset 02726
138 Sandy Point Rd
$440,000
● House - Off Market

138 Sandy Point Rd

Somerset, MA 02726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,669 Ft²
$377,920
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

****HIGHEST AND BEST DUE MONDAY BY NOON***Beautiful Cape home located in the quiet Town of Somerset, MA.  This adorable Cape features 2-3 bedrooms and 1 bath along with a generous yard and 2 car garage.  Enjoy water views of the Taunton River from your oversized rear deck along with along with Pierce beach conveniently located a short distance from the home.  Recent updates include: new insulation installed on the 2nd floor in 2021, basement was waterproofed in 2022, Home was freshly painted interior/exterior in 2022, deck restained in 2022, Samsung Washer/Dryer added in 2022 along with new carpet in 2021.  Dont miss your opportunity to view this beautiful home.  Showings begin at the Open House Saturday April 9th from 11-12:30PM and Sunday  April 10th from 11:30-1PM.
Unit Size
1,669 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$225
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72963261)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by Frakes Realty $375,000
Listed by Frakes Realty
Jul 8, 2019 Sold
Premium
Sold
Feb 15, 2019 Listed by Frakes Realty $299,000
Listed by Frakes Realty
Dec 19, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,502
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,669
  • Gross Building Area: 3,171
  • Building Area: 1,669
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,669
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:0037
  • Lot: 37
  • Municipality: SOMERSET
  • Latitude: 41.7818
  • Longitude: -71.1237

    Address

  • Full Address: 138 Sandy Point Rd
  • Address - House Number: 138
  • Address - Street Name: Sandy Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C059
  • 4-Digit Zip Code: 4164
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,500

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 494,572
  • High Value: 609,683
  • Low Value: 379,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,200
  • Assessed Land Value: $156,100
  • Assessed Improvements Value: $218,100

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9539
  • Previous Sale Recording Date: Jul 08, 2019
  • Previous Sale Contract Date: Jul 08, 2019
  • Previous Sale Amount: $260,000
  • 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

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1950 ft²

Average Home Age

61.2 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72963261

Frequently Asked Questions

When was property at 138 Sandy Point Road built and last sold?
The property at 138 Sandy Point Road was built in 1955 and last sold on May 23, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 138 Sandy Point Road is $388,439.
What are some comparable homes to 138 Sandy Point Road?
There are currently no comparable homes to 138 Sandy Point Road.
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