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Somerset 02726
29 Pine St
$385,000
● House - Off Market

29 Pine St

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,365 Ft²
$400,909
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Look at this Pleasing Cape style home offering  3-4 beds , hardwood and tile floors throughout, two additional good sized bedrooms on the second floor with closets & built ins, and a convenient half bath. The first floor was recently updated. Enjoy your new deck, fenced in nice sized yard and shed for storage, located on a quiet dead end street. Updates in 2015 include insulation, furnace, & central air
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$278
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1949

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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 #73042347)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Oct 3, 2022 In contract -
In contract
Sep 28, 2022 Listed by Keller Williams South Watuppa $379,900
Listed by Keller Williams South Watuppa
Feb 28, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 1,365
  • Gross Building Area: 2,145
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: & PINE ST
  • Land Acres: 0000000136
  • 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:0C5 L:0027
  • Lot: 27
  • Municipality: SOMERSET
  • Latitude: 41.7483
  • Longitude: -71.1504

    Address

  • Full Address: 29 Pine St
  • Address - House Number: 29
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C072
  • 4-Digit Zip Code: 4418
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,700

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 410,092
  • High Value: 478,608
  • Low Value: 341,576

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,300
  • Assessed Land Value: $152,400
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19289
  • Previous Sale Recording Date: Feb 28, 2019
  • Previous Sale Contract Date: Feb 20, 2019
  • Previous Sale Amount: $205,000
  • 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

$331

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1901 ft²

Average Home Age

58 years

Currently For Sale

26 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: 4 months ago
Data Source: MLS PIN, MLS# 73042347

Frequently Asked Questions

When was property at 29 Pine Street built and last sold?
The property at 29 Pine Street was built in 1949 and last sold on Nov 7, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 29 Pine Street is $388,521.
What are some comparable homes to 29 Pine Street?
There are currently no comparable homes to 29 Pine Street.
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