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Somerset 02725
31 Slade Street
$270,000
● House - Off Market

31 Slade Street

Somerset, MA 02725
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$642,577
RealtyHop Estimate
138.08%
Since Apr 1, 2003
National-US
Primary Model

About This Property

IMPROVEMENTS SINCE APRIL 2002-TILE FLOOR IN KITCHEN, DINING AREA. GRANITE COUNTER & NEW KOHLER SINK IN KITCHEN. NEW FRONT DOOR & STORM DOOR. MEDICINE CABINET IN BATH ROOM. NEW CIRCULAR DRIVEWAY.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$142
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1998

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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 #30677218)

Price History

Date / Event Date Event Price
Mar 21, 2003 Sold
Premium
Sold
Jan 3, 2003 Listed by Carol Brannaka REALTORS® $269,900
Listed by Carol Brannaka REALTORS®

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,132
  • Gross Building Area: 2,188
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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:A13 L:0116
  • Lot: 116
  • Municipality: SOMERSET
  • Latitude: 41.7263
  • Longitude: -71.1811

    Address

  • Full Address: 31 Slade St
  • Address - House Number: 31
  • Address - Street Name: Slade
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1822
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $475,400

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 462,198
  • High Value: 544,129
  • Low Value: 380,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,900
  • Assessed Land Value: $151,300
  • Assessed Improvements Value: $223,600

    Sales

  • Current Sale Recording Date: Mar 21, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 17, 2003
  • Previous Sale Amount: $232,900
  • 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:

$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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30677218

Frequently Asked Questions

When was property at 31 Slade Street built and last sold?
The property at 31 Slade Street was built in 1998 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 31 Slade Street is $287,956.
What are some comparable homes to 31 Slade Street?
There are currently no comparable homes to 31 Slade Street.
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