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Somerset 02726
44 Arruda Ave
$380,000
● House - Off Market

44 Arruda Ave

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$429,302
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Single level living located on a quiet dead end street. The vaulted ceiling living room is bright and airy from the bow window and features beautiful oak Hardwood floors throughout.  Sliding glass door opening to a large back deck that leads to an outdoor patio perfect for entertaining friends and family.  The eat-in kitchen offers plenty of cabinet space. Larger one stall garage for additional storage. Exterior is maintenance free.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$356
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1961

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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: 5 years ago (MLSPIN #72882298)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Aug 16, 2021 Listed by Marble House Realty, Inc. $385,000
Listed by Marble House Realty, Inc.
May 3, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,080
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,080
  • Gross Building Area: 2,160
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERSET
  • Land Acres: 0000000210
  • 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:0B5 L:0146
  • Lot: 146
  • Municipality: SOMERSET
  • Latitude: 41.7387
  • Longitude: -71.1549

    Address

  • Full Address: 44 Arruda Ave
  • Address - House Number: 44
  • Address - Street Name: Arruda
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 3107
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,900

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 432,467
  • High Value: 510,176
  • Low Value: 354,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,400
  • Assessed Land Value: $155,100
  • Assessed Improvements Value: $186,300

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27033
  • Previous Sale Recording Date: May 03, 1996
  • Previous Sale Amount: $63,080
  • 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

55

Average Home Size

1779 ft²

Average Home Age

67 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72882298

Frequently Asked Questions

When was property at 44 Arruda Avenue built and last sold?
The property at 44 Arruda Avenue was built in 1961 and last sold on Nov 19, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 44 Arruda Avenue is $0.
What are some comparable homes to 44 Arruda Avenue?
There are currently no comparable homes to 44 Arruda Avenue.
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