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Somerset 02725
141 Macarthur Avenue
$225,000
● House - Off Market

141 Macarthur Avenue

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$529,669
RealtyHop Estimate
120.79%
Since Jan 1, 2004
National-US
Primary Model

About This Property

VINYL SIDING,VINYL REPLACEMENT WINDOWS,HARDWOOD FLOORS, ,ENCLOSED BREEZEWAY TI GARAGE,LGE DECK OFF BACK, OPEN KITCHEN,LIVING AREA, CLOSE TO HIGHWAY AND SHOPPING.LEAD PAINT IN DOOR JAMS
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$200
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #30765123)

Price History

Date / Event Date Event Price
Mar 14, 2014 Sold
Premium
Sold
Jan 11, 2014 Listed by Right Choice Real Estate $224,900
Listed by Right Choice Real Estate
Dec 16, 2003 Sold
Premium
Sold
Sep 4, 2003 Listed by Right Choice Real Estate $239,900
Listed by Right Choice Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 800
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,408
  • Gross Building Area: 2,208
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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:0A8 L:0111
  • Lot: 111
  • Municipality: SOMERSET
  • Latitude: 41.7258
  • Longitude: -71.1611

    Address

  • Full Address: 141 Mcarthur Ave
  • Address - House Number: 141
  • Address - Street Name: Mcarthur
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerset
  • Carrier Code: C074
  • 4-Digit Zip Code: 2710
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,500

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 422,962
  • High Value: 501,010
  • Low Value: 344,914

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,800
  • Assessed Land Value: $153,000
  • Assessed Improvements Value: $181,800

    Sales

  • Current Sale Recording Date: Mar 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3269
  • Previous Sale Recording Date: Dec 16, 2003
  • Previous Sale Amount: $225,000
  • 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

$329

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1741 ft²

Average Home Age

59.2 years

Currently For Sale

25 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 years ago
Data Source: MLS PIN, MLS# 30765123

Frequently Asked Questions

When was property at 141 Macarthur Avenue built and last sold?
The property at 141 Macarthur Avenue was built in 1952 and last sold on Jan 1, 1970 for $218,000.
How much is this home worth?
The estimated value of the home located at 141 Macarthur Avenue is $243,555.
What are some comparable homes to 141 Macarthur Avenue?
There are currently no comparable homes to 141 Macarthur Avenue.
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