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Somerset 02725
52 River Rd
$232,500
● House - Off Market

52 River Rd

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,050 Ft²
$283,877
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

**** HOME IS IN HIGHEST & BEST, Multiple Offer Deadline – May 29, 2020, 07:58:00 AM (EDT) **** Talk about checking off the boxes, nice neighborhood location, CHECK, 3 bedrooms, CHECK, 2 bathrooms, CHECK, newer siding, CHECK, close to town amenities, CHECK. Sure this home may need some cosmetics inside but everyone knows that is the best part and a chance to make the home truly your own. Inside the front door is a nice open living, dining, and kitchen. The first floor also has a bedroom and a nice 3/4 bathroom. The second floor has 2 additional bedrooms and a full bathroom. The home has a full basement that could be finished for additional living area. The neighborhood is located between Rt103 and Rt6, perfect for getting around Somerset and Swansea.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$200
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1982

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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 #72660842)

Price History

Date / Event Date Event Price
Sep 15, 2020 Sold
Premium
Sold
May 23, 2020 Listed by Roberts Associates Real Estate $210,000
Listed by Roberts Associates Real Estate
May 4, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 1,050
  • Gross Building Area: 1,650
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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:0014
  • Lot: 14
  • Municipality: SOMERSET
  • Latitude: 41.7318
  • Longitude: -71.1879

    Address

  • Full Address: 52 River Rd
  • Address - House Number: 52
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1124
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 383,528
  • High Value: 447,606
  • Low Value: 319,451

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,900
  • Assessed Land Value: $140,400
  • Assessed Improvements Value: $152,500

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16276
  • Previous Sale Recording Date: May 04, 2020
  • Previous Sale Contract Date: Apr 17, 2020
  • Previous Sale Amount: $223,855
  • Previous Sale Document Type: 30
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

$331

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1849 ft²

Average Home Age

55.8 years

Currently For Sale

24 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: 4 months ago
Data Source: MLS PIN, MLS# 72660842

Frequently Asked Questions

When was property at 52 River Road built and last sold?
The property at 52 River Road was built in 1982 and last sold on Sep 11, 2020 for $232,500.
How much is this home worth?
The estimated value of the home located at 52 River Road is $221,476.
What are some comparable homes to 52 River Road?
There are currently no comparable homes to 52 River Road.
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