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Somerset 02726
53 Ivanhoe Ave
$210,000
● House - Off Market

53 Ivanhoe Ave

Somerset, MA 02726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$280,810
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Great opportunity to own this single family home that offers 2 bedrooms and 1 bath.  It features maintenance free vinyl exterior with replacement windows and a spacious yard. This home is located in a quiet and friendly neighborhood on a dead end street, close to schools and just moments away from amenities and highway access. Don't miss out on this great opportunity! This property is being Sold AS IS.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$191
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1948

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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 #72688343)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by JT Realty Group LLC $259,900
Listed by JT Realty Group LLC
Oct 23, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by JT Realty Group LLC $210,000
Listed by JT Realty Group LLC
Oct 1, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 400
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,100
  • Gross Building Area: 1,500
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OUTLOOK PK SOMERSET
  • Land Acres: 0000000340
  • 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:0215
  • Lot: 215
  • Municipality: SOMERSET
  • Latitude: 41.7368
  • Longitude: -71.1719

    Address

  • Full Address: 53 Ivanhoe Ave
  • Address - House Number: 53
  • Address - Street Name: Ivanhoe
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerset
  • Carrier Code: C064
  • 4-Digit Zip Code: 2303
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 394,044
  • High Value: 459,879
  • Low Value: 328,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,700
  • Assessed Land Value: $146,300
  • Assessed Improvements Value: $158,400

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19747
  • Previous Sale Recording Date: Oct 23, 2020
  • Previous Sale Contract Date: Oct 23, 2020
  • Previous Sale Amount: $216,000
  • 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

1748 ft²

Average Home Age

59.2 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# 72688343

Frequently Asked Questions

When was property at 53 Ivanhoe Avenue built and last sold?
The property at 53 Ivanhoe Avenue was built in 1948 and last sold on Aug 27, 2021 for $278,000.
How much is this home worth?
The estimated value of the home located at 53 Ivanhoe Avenue is $269,327.
What are some comparable homes to 53 Ivanhoe Avenue?
There are currently no comparable homes to 53 Ivanhoe Avenue.
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