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Somerset 02726
240 Highview Ave
$415,000
● House - Off Market

240 Highview Ave

Somerset, MA 02726
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,902 Ft²
$448,290
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Spacious, METICULOUSLY maintained Garrison in Somerset's North End. PERFECT for your growing family!  Large rooms boasting BEAUTIFUL hardwood floors under clean, custom carpeting. The formal living area has a gas fireplace flanked by built-in bookcases. A few improvements will easily make this your FOREVER HOME - so much room to grow into!  Just minutes away from Pierce Beach and Somerset Marina.
Unit Size
1,902 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$208
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1965

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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 #72859994)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Jul 4, 2021 Listed by DiVito Realty $394,900
Listed by DiVito Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 10,019
  • Total Building Area: 1,902
  • Gross Building Area: 2,702
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0D8 L:0017
  • Lot: 17
  • Municipality: SOMERSET
  • Latitude: 41.7708
  • Longitude: -71.1442

    Address

  • Full Address: 240 Highview Ave
  • Address - House Number: 240
  • Address - Street Name: Highview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerset
  • Carrier Code: C054
  • 4-Digit Zip Code: 3843
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,100

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 481,944
  • High Value: 560,362
  • Low Value: 403,526

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,100
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $232,300

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22555
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:

$530,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1779 ft²

Average Home Age

67 years

Currently For Sale

23 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72859994

Frequently Asked Questions

When was property at 240 Highview Avenue built and last sold?
The property at 240 Highview Avenue was built in 1965 and last sold on Sep 29, 2021 for $415,000.
How much is this home worth?
The estimated value of the home located at 240 Highview Avenue is $411,480.
What are some comparable homes to 240 Highview Avenue?
There are currently no comparable homes to 240 Highview Avenue.
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