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Somerset 02726
50 Sandy Point Road
$586,000
● House - Off Market

50 Sandy Point Road

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,633 Ft²
$447,479
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Experience the tranquility of waterfront living in this breathtaking single-family home in Somerset, Massachusetts. Located on the shores of the scenic Taunton River, this property offers stunning water views and a serene ambiance. With an open-concept layout, spacious master bedroom, and a large outdoor deck, this home is perfect for both relaxing and entertaining. This is an ideal location for those seeking a peaceful waterfront lifestyle. Live every day like a vacation and create memories that will last a lifetime. Don't miss the opportunity to make this your dream home. All bids due by Monday 7/17 @ 5PM.
Unit Size
1,633 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$276
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1914

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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 #73112219)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jul 22, 2023 In contract -
In contract
Jul 8, 2023 Relisted $450,000
Relisted
May 28, 2023 Withdrawn -
Withdrawn
May 27, 2023 Listed by Highland Real Estate Group $450,000
Listed by Highland Real Estate Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 841
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,633
  • Gross Building Area: 2,474
  • Building Area: 1,633
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,633
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • 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: 644102

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0E2 L:0043
  • Lot: 43
  • Municipality: SOMERSET
  • Latitude: 41.7818
  • Longitude: -71.1221

    Address

  • Full Address: 50 Sandy Point Rd
  • Address - House Number: 50
  • Address - Street Name: Sandy Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C059
  • 4-Digit Zip Code: 4110
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $503,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 486,475
  • High Value: 567,752
  • Low Value: 405,198

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,900
  • Assessed Land Value: $172,000
  • Assessed Improvements Value: $224,900

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 11320
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:

$527,600

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1784 ft²

Average Home Age

56.5 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73112219

Frequently Asked Questions

When was property at 50 Sandy Point Road built and last sold?
The property at 50 Sandy Point Road was built in 1914 and last sold on Aug 17, 2023 for $586,000.
How much is this home worth?
The estimated value of the home located at 50 Sandy Point Road is $472,854.
What are some comparable homes to 50 Sandy Point Road?
There are currently no comparable homes to 50 Sandy Point Road.
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