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Somerset 02725
167 Oneil Rd
$331,500
● House - Off Market

167 Oneil Rd

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$359,014
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This Somerset home has a spacious living room with hardwoods, one bedroom and kitchen on the first floor, and two good-sized bedrooms on the second floor. The front porch or rear deck will be a great place to relax with friends, have a beverage or two and enjoy the views and sunsets over Mt. Hope Bay.  The basement has a walk-out to the garage that has a workspace for handy people.  There are two storage sheds.  This is an estate sale; the sellers have not occupied.  Buyers to verify all information.  Property will not pass FHA or VA financing - must be conventional mortgage or cash buyer.  Sellers will make no repairs.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$299
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1935

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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 years ago (MLSPIN #72976251)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 4, 2022 Listed by Keller Williams Realty Colonial Partners $354,900
Listed by Keller Williams Realty Colonial Partners

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 792
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,188
  • Gross Building Area: 1,980
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • 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:0A1 L:0078
  • Lot: 78
  • Municipality: SOMERSET
  • Latitude: 41.7129
  • Longitude: -71.1817

    Address

  • Full Address: 167 Oneil Rd
  • Address - House Number: 167
  • Address - Street Name: Oneil
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C069
  • 4-Digit Zip Code: 1711
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 401,313
  • High Value: 468,361
  • Low Value: 334,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,200
  • Assessed Land Value: $125,100
  • Assessed Improvements Value: $184,100

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11847
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

$331

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1872 ft²

Average Home Age

56.6 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72976251

Frequently Asked Questions

When was property at 167 Oneil Road built and last sold?
The property at 167 Oneil Road was built in 1935 and last sold on Jun 29, 2022 for $331,500.
How much is this home worth?
The estimated value of the home located at 167 Oneil Road is $359,157.
What are some comparable homes to 167 Oneil Road?
There are currently no comparable homes to 167 Oneil Road.
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