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Somerset 02726
52 Thomas
$239,000
● House - Off Market

52 Thomas

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,144 Ft²
$494,514
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

THIS HOME HAS ALL HARDWOOD FLOORS ON MAIN LEVEL, FIREPLACED LIVING ROOM AND TWO DECKS OFF THE DINING ROOM , LOWER LEVEL HAS A HUGE FIRPLACED FAMILY ROOM , HALF BATH AND LAUNDRY AREA.TWO DECKS,  OWNER PAVED a Large ADDITIONAL DRIVEWAY IN REAR OF THE HOUSE FOR EXTRA PARKING OR BOAT/RV STORAGE  . THIS IS A GREAT AREA OF SOMERSET IN AN AREA OF WELL KEPT HOMES.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$218
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1971

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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: 4 months ago (MLSPIN #71480358)

Price History

Date / Event Date Event Price
May 31, 2013 Sold
Premium
Sold
Feb 6, 2013 Listed by Salt Marsh Realty Group $249,000
Listed by Salt Marsh Realty Group
Jul 19, 2002 Sold
Premium
Sold
May 31, 2002 Listed by Salt Marsh Realty Group $244,000
Listed by Salt Marsh Realty Group

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,070
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,144
  • Gross Building Area: 2,214
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REDWOOD FARMS SEC 02
  • Land Acres: 0000000230
  • 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:0D7 L:0288
  • Lot: 288
  • Municipality: SOMERSET
  • Latitude: 41.7615
  • Longitude: -71.1419

    Address

  • Full Address: 52 Thomas Dr
  • Address - House Number: 52
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C067
  • 4-Digit Zip Code: 4754
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,300

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 460,540
  • High Value: 545,516
  • Low Value: 375,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,500
  • Assessed Land Value: $166,600
  • Assessed Improvements Value: $205,900

    Sales

  • Current Sale Recording Date: May 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 19, 2002
  • Previous Sale Amount: $244,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71480358

Frequently Asked Questions

When was property at 52 Thomas Drive built and last sold?
The property at 52 Thomas Drive was built in 1971 and last sold on Jan 1, 1970 for $239,000.
How much is this home worth?
The estimated value of the home located at 52 Thomas Drive is $256,754.
What are some comparable homes to 52 Thomas Drive?
There are currently no comparable homes to 52 Thomas Drive.
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