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Somerset 02725
51 River Rd
Photo of 51 River Rd
Sold on Nov 28, 2008

1

Map

$300,000
● House - Off Market

51 River Rd

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,656 Ft²
$631,157
RealtyHop Estimate
103.66%
Since Dec 1, 2008
National-US
Primary Model

About This Property

Immaculate custom built Executive Ranch. Features 3 large bedrooms, spacious living room, BIG kitchen and dining room. First floor laundry, sunroom and half bath. Lots of closets. Oversized fenced lot, located on a quiet street with easy access to Rt. 6 and I95. This one owner home has been well cared for and is ready to move in. Priced below assessed value! Call for a Private Showing
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$187
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #70815134)

Price History

Date / Event Date Event Price
Nov 28, 2008 Sold
Premium
Sold
Sep 3, 2008 Listed $309,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,648
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,648
  • Gross Building Area: 3,296
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • 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:A12 L:0022
  • Lot: 22
  • Municipality: SOMERSET
  • Latitude: 41.7313
  • Longitude: -71.1878

    Address

  • Full Address: 51 River Rd
  • Address - House Number: 51
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1125
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,300

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 509,063
  • High Value: 597,886
  • Low Value: 420,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,800
  • Assessed Land Value: $145,600
  • Assessed Improvements Value: $244,200

    Sales

  • Current Sale Recording Date: Nov 28, 2008
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20420
  • Previous Sale Recording Date: Nov 28, 2008
  • Previous Sale Amount: $300,000
  • 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

52

Average Home Size

1900 ft²

Average Home Age

54.9 years

Currently For Sale

25 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70815134

Frequently Asked Questions

When was property at 51 River Road built and last sold?
The property at 51 River Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 51 River Road is $325,026.
What are some comparable homes to 51 River Road?
There are currently no comparable homes to 51 River Road.
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