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Somerset 02725
22 Hamilton Rd
$237,000
● House - Off Market

22 Hamilton Rd

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,708 Ft²
$395,299
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Unique multi level style home situated on over 1/2 acre corner lot on a private road offering beautiful views of Lees River. Wrap around deck plus fully enclosed porch. Two fireplaces; 2 bedrooms with potential for up to 4; 2 baths;  finished basement with fireplace has potential for in law set up.Huge sunny living room offering great water views and plenty of natural light perfect for entertaining, High end  Buderas heating system with 4 zones.This is a short sale and all aspects of the sale are subject to lien-holders approval. House sold in "as is" condition.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$140
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1975

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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 #72083462)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Sep 26, 2021 Listed by RE/MAX Right Choice $489,900
Listed by RE/MAX Right Choice
Mar 1, 2017 Sold
Premium
Sold
Oct 19, 2016 Listed by RE/MAX Right Choice $239,900
Listed by RE/MAX Right Choice
Jul 5, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,896
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,873
  • Total Building Area: 1,736
  • Gross Building Area: 2,058
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000571
  • 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:A11 L:0035
  • Lot: 35
  • Municipality: SOMERSET
  • Latitude: 41.7371
  • Longitude: -71.1836

    Address

  • Full Address: 22 Hamilton Rd
  • Address - House Number: 22
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1136
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $674,800

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 587,839
  • High Value: 690,407
  • Low Value: 485,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,200
  • Assessed Land Value: $151,700
  • Assessed Improvements Value: $380,500

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26798
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Amount: $237,000
  • 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

$330

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1839 ft²

Average Home Age

56.9 years

Currently For Sale

27 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 months ago
Data Source: MLS PIN, MLS# 72083462

Frequently Asked Questions

When was property at 22 Hamilton Road built and last sold?
The property at 22 Hamilton Road was built in 1975 and last sold on Nov 18, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 22 Hamilton Road is $494,791.
What are some comparable homes to 22 Hamilton Road?
There are currently no comparable homes to 22 Hamilton Road.
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