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Somerset 02725
321 Enterprise Dr
$182,000
● House - Off Market

321 Enterprise Dr

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,036 Ft²
$352,975
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

FOLLOW SHOWING INSTRUCTIONS NO CODES WILL BE GIVEN OVER THE PHONE- Home approved for HomePath & HomePath Reno financing, this home can be purchased with as little as 5% down. Contact the listing agent for more details. Home sold AS IS, Offers should includes proof of funds (if cash offer) or pre-approval (if financing) Great price for this WATERFRONT property in Somerset. This home is located among other well maintained homes, close to 103, rt6 and local/area highway systems. Inside this home is a large open dining and living room with hardwood floors, den/office, kitchen and sunroom with waterviews. The second floor has a large master that is the entire rear of the home taking advantage of the water views, there are also 2 good size guest rooms on this floor.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$93
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71610555)

Price History

Date / Event Date Event Price
Mar 28, 2023 Withdrawn -
Withdrawn
Mar 21, 2023 Relisted $182,000
Relisted
Mar 10, 2023 In contract -
In contract
Jan 23, 2023 Listed by ERA The Castelo Group $519,900
Listed by ERA The Castelo Group
Spectacular water views! 3 Bedroom, 2 Bath garrison with waterfront access to Lee's River. Large living room with hardwood floors. Spacious primary bedroom with walk-in closet. Well maintained fenced in back yard with new retaining wall and walkway to the water. Call today for your private showing.
Sep 10, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 520
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,665
  • Total Building Area: 2,140
  • Gross Building Area: 2,660
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERSET LEES RIV SOMERSE
  • Land Acres: 0000000153
  • 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:A12 L:0007
  • Lot: 7
  • Municipality: SOMERSET
  • Latitude: 41.7317
  • Longitude: -71.1898

    Address

  • Full Address: 321 Enterprise Dr
  • Address - House Number: 321
  • Address - Street Name: Enterprise
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1103
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $583,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 528,354
  • High Value: 575,466
  • Low Value: 481,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,500
  • Assessed Land Value: $235,700
  • Assessed Improvements Value: $224,800

    Sales

  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15138
  • Previous Sale Recording Date: Jun 09, 2014
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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

1849 ft²

Average Home Age

55.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71610555

Frequently Asked Questions

When was property at 321 Enterprise Drive built and last sold?
The property at 321 Enterprise Drive was built in 1945 and last sold on Jan 1, 1970 for $90,000.
How much is this home worth?
The estimated value of the home located at 321 Enterprise Drive is $525,099.
What are some comparable homes to 321 Enterprise Drive?
There are currently no comparable homes to 321 Enterprise Drive.
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