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Somerset 02726
47 Cypress Rd
$220,000
● House - Off Market

47 Cypress Rd

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,104 Ft²
$463,011
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

MOVE IN READY! This immaculate 3 bedroom home located in quiet neighborhood features 1-1/2 Baths, Hardwood Floors, Fireplace, Central Air/ Heating System, Whirlpool Tub, and Great Potential for a Possible In-Law Setup, or Extra Living Space in Climate Controlled Finished Basment (Not included in Living Area). This home has been renovated featuring many Updates including Exterior Doors, New Backslider, Windows, Electric Attic Vent, New Garage Door With Remote Opener, and MUCH MORE!
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$204
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #71439907)

Price History

Date / Event Date Event Price
Mar 8, 2013 Sold
Premium
Sold
Sep 25, 2012 Listed by Turbo Sell, Inc. $225,000
Listed by Turbo Sell, Inc.
Aug 31, 2007 Sold
Premium
Sold
Apr 20, 2007 Listed by Turbo Sell, Inc. $259,500
Listed by Turbo Sell, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,104
  • Gross Building Area: 2,208
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 644101

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0C7 L:0072
  • Lot: 72
  • Municipality: SOMERSET
  • Latitude: 41.7584
  • Longitude: -71.1525

    Address

  • Full Address: 47 Cypress Rd
  • Address - House Number: 47
  • Address - Street Name: Cypress
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C053
  • 4-Digit Zip Code: 3338
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,900

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 443,396
  • High Value: 525,209
  • Low Value: 361,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,900
  • Assessed Land Value: $155,300
  • Assessed Improvements Value: $191,600

    Sales

  • Current Sale Recording Date: Mar 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $248,250
  • 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

53

Average Home Size

1748 ft²

Average Home Age

59.2 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71439907

Frequently Asked Questions

When was property at 47 Cypress Road built and last sold?
The property at 47 Cypress Road was built in 1957 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 47 Cypress Road is $237,142.
What are some comparable homes to 47 Cypress Road?
There are currently no comparable homes to 47 Cypress Road.
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