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Somerset 02726
43 Fordham Dr
$288,000
● House - Off Market

43 Fordham Dr

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$462,289
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Want to live within walking distance to Somerset Berkley Regional High School? Here is the house for you!  This home is perfect for your growing family.  The finished lower level is perfect for a child's play room or to entertain.  A wet bar and half bathroom make this room complete.  Walk right out of the lower level to the backyard which features an oversized deck, patio and beautiful inground pool. The home has had many recent updates including the roof, windows, vinyl siding, electrical panel, heating system, central air and hot water heater. Make this home yours just in time for summer!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$264
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1967

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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 #72178194)

Price History

Date / Event Date Event Price
Aug 11, 2017 Sold
Premium
Sold
Jun 7, 2017 Listed by Keller Williams South Watuppa $289,900
Listed by Keller Williams South Watuppa
Sep 19, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,100
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,100
  • Gross Building Area: 2,200
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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:0C4 L:0074
  • Lot: 74
  • Municipality: SOMERSET
  • Latitude: 41.7413
  • Longitude: -71.154

    Address

  • Full Address: 43 Fordham Dr
  • Address - House Number: 43
  • Address - Street Name: Fordham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 3209
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $508,000

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 491,070
  • High Value: 574,358
  • Low Value: 407,782

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,600
  • Assessed Land Value: $158,000
  • Assessed Improvements Value: $242,600

    Sales

  • Current Sale Recording Date: Aug 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13284
  • Previous Sale Recording Date: Sep 19, 2000
  • Previous Sale Amount: $206,500
  • 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:

$529,900

Sale Price/ft²

$330

Below Asking

0.01%

Average Days on Market

52

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# 72178194

Frequently Asked Questions

When was property at 43 Fordham Drive built and last sold?
The property at 43 Fordham Drive was built in 1967 and last sold on Jan 1, 1970 for $288,000.
How much is this home worth?
The estimated value of the home located at 43 Fordham Drive is $296,444.
What are some comparable homes to 43 Fordham Drive?
There are currently no comparable homes to 43 Fordham Drive.
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