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Somerset 02726
181 Centre St
$465,000
● House - Off Market

181 Centre St

Somerset, MA 02726
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,303 Ft²
$463,731
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This 3 -4 bedroom Garrison is located in a fabulous neighborhood on a corner lot. Currently using the 4th bedroom as a walk-in closet. You have to enter the Main Bedroom to get into the 4th bedroom, perfect for a walk-in closet, nursery, studio or private office space. It does have two windows in the room. The 1st floor bonus room is currently being used as an office, but could be a formal living area or den. There is a workshop that has an outdoor entrance and leads into the huge 20x24 living area. Eat in kitchen area as well as a formal dining room. There is a new 4 zone boiler. Appliances are negotiable. Subject to sellers finding suitable housing.
Unit Size
2,303 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$202
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1954

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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 #73068467)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
May 30, 2023 In contract -
In contract
May 17, 2023 Price Increased $465,000
↑ $105K (29.2%)
Price Increased
Apr 13, 2023 Relisted $359,900
Relisted
Jan 20, 2023 Withdrawn -
Withdrawn
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,303
  • Gross Building Area: 3,071
  • Building Area: 2,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,303
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 644101

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0C3 L:0102
  • Lot: 102
  • Municipality: SOMERSET
  • Latitude: 41.7528
  • Longitude: -71.1399

    Address

  • Full Address: 181 Centre St
  • Address - House Number: 181
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C066
  • 4-Digit Zip Code: 5303
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,900

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 521,678
  • High Value: 615,815
  • Low Value: 427,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,400
  • Assessed Land Value: $153,400
  • Assessed Improvements Value: $255,000

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10394
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 23, 2020
  • Previous Sale Amount: $359,900
  • 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

53

Average Home Size

1760 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: 5 months ago
Data Source: MLS PIN, MLS# 73068467

Frequently Asked Questions

When was property at 181 Centre Street built and last sold?
The property at 181 Centre Street was built in 1954 and last sold on Jul 28, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 181 Centre Street is $477,099.
What are some comparable homes to 181 Centre Street?
There are currently no comparable homes to 181 Centre Street.
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