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Somerset 02726
44 Lepes Rd.
$211,000
● House - Off Market

44 Lepes Rd.

Somerset, MA 02726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
949 Ft²
$363,394
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Recently renovated Ranch on large, corner lot.   Breezeway, 1 car garage, new kitchen, new bath, new plumbing, and electric.   Original, hardwood flooring and cast iron baseboard heat.   Partially finished basement.
Unit Size
949 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$237
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #72111318)

Price History

Date / Event Date Event Price
May 4, 2017 Sold
Premium
Sold
Jan 20, 2017 Listed by KAM Realty $224,900
Listed by KAM Realty
Sep 16, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 840
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,515
  • Total Building Area: 840
  • Gross Building Area: 1,680
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBURBIA SEC 01
  • Land Acres: 0000000448
  • 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:0B4 L:0039
  • Lot: 39
  • Municipality: SOMERSET
  • Latitude: 41.7306
  • Longitude: -71.1616

    Address

  • Full Address: 44 Lepes Rd
  • Address - House Number: 44
  • Address - Street Name: Lepes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 2630
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $433,700

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 399,332
  • High Value: 478,876
  • Low Value: 319,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,000
  • Assessed Land Value: $164,000
  • Assessed Improvements Value: $178,000

    Sales

  • Current Sale Recording Date: May 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7405
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Amount: $108,500
  • 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

63.2 years

Currently For Sale

20 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: 6 months ago
Data Source: MLS PIN, MLS# 72111318

Frequently Asked Questions

When was property at 44 Lepes Road built and last sold?
The property at 44 Lepes Road was built in 1955 and last sold on Jan 1, 1970 for $211,000.
How much is this home worth?
The estimated value of the home located at 44 Lepes Road is $233,011.
What are some comparable homes to 44 Lepes Road?
There are currently no comparable homes to 44 Lepes Road.
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