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Somerset 02726
30 Sparrow Ln
$244,000
● House - Off Market

30 Sparrow Ln

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,072 Ft²
$391,157
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Location! Location! Location! Come take advantage of all that Somerset has to offer. This 3 bedroom ranch is located in a great family neighborhood in the desirable Americana Terrace area. The home features a nice family room with a freestanding fireplace and 1.5 baths. Recently refinished hardwood floors. A screened in deck area that overlooks a nice yard for those great summer nights. A partially finished basement with a half bath and separate shower and a detached garage. Call for your showing today and make this home yours!!!
Unit Size
1,072 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$238
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1967

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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: 6 months ago (MLSPIN #72288493)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Premium
Sold
Mar 2, 2018 Listed by Prestige Realty Experts Inc. $254,900
Listed by Prestige Realty Experts Inc.
Dec 8, 2016 Sold
Premium
Sold
Oct 14, 2016 Listed by Prestige Realty Experts Inc. $229,900
Listed by Prestige Realty Experts Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 11
  • 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: 1,072
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,072
  • Gross Building Area: 2,144
  • Building Area: 1,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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:D12 L:0065
  • Lot: 65
  • Municipality: SOMERSET
  • Latitude: 41.765
  • Longitude: -71.1519

    Address

  • Full Address: 30 Sparrow Ln
  • Address - House Number: 30
  • Address - Street Name: Sparrow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Somerset
  • Carrier Code: C053
  • 4-Digit Zip Code: 3543
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,500

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 421,089
  • High Value: 504,967
  • Low Value: 337,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,600
  • Assessed Land Value: $155,400
  • Assessed Improvements Value: $180,200

    Sales

  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6537
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Amount: $215,000
  • 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:

$530,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1758 ft²

Average Home Age

66.9 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72288493

Frequently Asked Questions

When was property at 30 Sparrow Lane built and last sold?
The property at 30 Sparrow Lane was built in 1967 and last sold on Jan 1, 1970 for $244,000.
How much is this home worth?
The estimated value of the home located at 30 Sparrow Lane is $263,537.
What are some comparable homes to 30 Sparrow Lane?
There are currently no comparable homes to 30 Sparrow Lane.
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