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Somerset 02726
474 Kaufman Road
$436,000
● House - Off Market

474 Kaufman Road

Somerset, MA 02726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$412,531
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Move in ready single level ranch in quiet Somerset neighborhood. Recent renovations allowed for current open floor plan which flows with the outdoor space making it perfect for entertaining. Potential to revert to a three bedroom. From the deck you can enjoy your private yard during the warm summer nights. Conveniently located within minutes of shopping and major highway for easy work commute. This is a wonderful home ready for new owners to enjoy it without any necessary upgrades. All info deemed reliable but not guaranteed, buyers and buyer agents to verify all info.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$277
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1959

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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 months ago (MLSPIN #73002183)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by revolv Real Estate $399,000
Listed by revolv Real Estate
Nov 26, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by revolv Real Estate $269,900
Listed by revolv Real Estate
Aug 20, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,369
  • Total Building Area: 1,440
  • Gross Building Area: 2,480
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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:0B6 L:0042
  • Lot: 42
  • Municipality: SOMERSET
  • Latitude: 41.7329
  • Longitude: -71.1698

    Address

  • Full Address: 474 Kaufman Rd
  • Address - House Number: 474
  • Address - Street Name: Kaufman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 2522
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,300

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 442,501
  • High Value: 527,612
  • Low Value: 357,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,900
  • Assessed Land Value: $157,100
  • Assessed Improvements Value: $187,800

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14154
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 26, 2019
  • Previous Sale Amount: $280,000
  • 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:

$529,900

Sale Price/ft²

$330

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1767 ft²

Average Home Age

57.9 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73002183

Frequently Asked Questions

When was property at 474 Kaufman Road built and last sold?
The property at 474 Kaufman Road was built in 1959 and last sold on Aug 5, 2022 for $436,000.
How much is this home worth?
The estimated value of the home located at 474 Kaufman Road is $404,815.
What are some comparable homes to 474 Kaufman Road?
There are currently no comparable homes to 474 Kaufman Road.
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