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Somerset 02726
55 Sandy Point Road
$213,000
● House - Off Market

55 Sandy Point Road

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$508,523
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

BRAND NEW COLONIAL-Construction just completed, Ready for occupancy; 2x6 framing w/R-21 insulation, Ultra high efficiency heating and Energy Star rated windows for lower heating bills; 3 Bedrooms; 1.5 Baths; Walk in closet in master; Central A/C, Bamboo Hardwood Flooring; Water view; 1 Year builder's warranty
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

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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 #71299833)

Price History

Date / Event Date Event Price
Jan 13, 2021 Sold
Premium
Sold
Oct 29, 2020 Listed by Southbrook Realty Group, Inc $439,000
Listed by Southbrook Realty Group, Inc
Feb 13, 2012 Sold
Premium
Sold
Oct 13, 2011 Listed by Southbrook Realty Group, Inc $222,400
Listed by Southbrook Realty Group, Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 692
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,706
  • Total Building Area: 1,396
  • Gross Building Area: 2,088
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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:0257
  • Lot: 257
  • Municipality: SOMERSET
  • Latitude: 41.7814
  • Longitude: -71.1222

    Address

  • Full Address: 55 Sandy Point Rd
  • Address - House Number: 55
  • Address - Street Name: Sandy Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C059
  • 4-Digit Zip Code: 4158
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,900

    Appraisal Valuation

  • Standard Deviation: 0.16
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 500,757
  • High Value: 580,917
  • Low Value: 420,597

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,500
  • Assessed Land Value: $162,700
  • Assessed Improvements Value: $211,800

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Jan 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 905
  • Previous Sale Recording Date: Feb 13, 2012
  • Previous Sale Amount: $213,000
  • 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

52

Average Home Size

1839 ft²

Average Home Age

56.9 years

Currently For Sale

27 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# 71299833

Frequently Asked Questions

When was property at 55 Sandy Point Road built and last sold?
The property at 55 Sandy Point Road was built in 2011 and last sold on Jan 4, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 55 Sandy Point Road is $450,425.
What are some comparable homes to 55 Sandy Point Road?
There are currently no comparable homes to 55 Sandy Point Road.
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