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Somerset 02726
231 Compos St
$332,000
● House - Off Market

231 Compos St

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,880 Ft²
$585,701
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Beautiful 3 bedroom, 2.5 bath home with an open floor plan totally rehabbed 7 years ago from the basement to the roof. Great for entertaining guests, suitable for large sectional furnishings or any decor. Bedrooms are all on level 2 as well as full baths. and laundry. Master bath has separate wash areas to add to the uniqueness of this home.Sufficient storage. Other features include a 2 car garage, private backyard deck and a dead end street.Put this one on your list of must see!  Showings begin with the open house!
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$176
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1917

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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 #71831221)

Price History

Date / Event Date Event Price
Aug 24, 2015 Sold
Premium
Sold
May 5, 2015 Listed by RE/MAX Right Choice $330,000
Listed by RE/MAX Right Choice
Oct 27, 2008 Sold
Premium
Sold
Mar 28, 2008 Sold
Premium
Sold
Jan 23, 2008 Listed by RE/MAX Right Choice $335,900
Listed by RE/MAX Right Choice
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 840
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,880
  • Gross Building Area: 2,720
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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:0083
  • Lot: 83
  • Municipality: SOMERSET
  • Latitude: 41.7824
  • Longitude: -71.1293

    Address

  • Full Address: 231 Compos St
  • Address - House Number: 231
  • Address - Street Name: Compos
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C059
  • 4-Digit Zip Code: 4159
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $549,900

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 557,243
  • High Value: 656,997
  • Low Value: 457,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,700
  • Assessed Land Value: $164,900
  • Assessed Improvements Value: $268,800

    Sales

  • Current Sale Recording Date: Aug 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13206
  • Previous Sale Recording Date: Oct 27, 2008
  • Previous Sale Amount: $325,000
  • 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

$330

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1872 ft²

Average Home Age

55.2 years

Currently For Sale

24 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# 71831221

Frequently Asked Questions

When was property at 231 Compos Street built and last sold?
The property at 231 Compos Street was built in 1917 and last sold on Jan 1, 1970 for $332,000.
How much is this home worth?
The estimated value of the home located at 231 Compos Street is $351,667.
What are some comparable homes to 231 Compos Street?
There are currently no comparable homes to 231 Compos Street.
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