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Somerset 02725
55 Sunset Dr
Photo of 55 Sunset Dr
Sold on Apr 18, 2025

39

Map

Photo of 55 Sunset Dr
Photo of 55 Sunset Dr
$590,000
● House - Off Market

55 Sunset Dr

Somerset, MA 02725
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,800 Ft²
$3,288
Est. Monthly
3.27%
Cap Rate

About This Property

REMODELED - NEW KITCHEN, MOVE IN READY Come take a look and make it your dream home!  Master Bath, New Kitchen, Large Backyard, Garage.   Three bedrooms, three baths, two living rooms, cathedral ceilings, dining area, private quiet back yard with a great deck that includes shaded area using the awning.  Huge 2 car garage.   A split bedroom plan with a master on opposite side of house with its own double vanities and jacuzzi tub!  This home just went through an extensive updating with a brand new roof, new hardwood floors on entire upper level, completely painted interior and exterior, new tile floors, new kitchen and appliances, updated plumbing and electrical fixtures, landscaping and new laminate flooring downstairs.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$327
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1990

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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 #73273248)

Price History

Date / Event Date Event Price
Apr 18, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Feb 20, 2025 Price Decreased $589,000
↓ $10K (1.7%)
Price Decreased
Jan 17, 2025 Price Decreased $599,000
↓ $10K (1.6%)
Price Decreased
Jan 4, 2025 Price Decreased $609,000
↓ $10K (1.6%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,200
  • Gross Building Area: 2,400
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • 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:A11 L:0052
  • Lot: 52
  • Municipality: SOMERSET
  • Latitude: 41.7324
  • Longitude: -71.1876

    Address

  • Full Address: 55 Sunset Dr
  • Address - House Number: 55
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1120
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 453,353
  • High Value: 530,276
  • Low Value: 376,431

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,100
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Recording Date: Apr 10, 1990
  • Current Sale Price:
    Premium
  • Current 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

1820 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73273248

Frequently Asked Questions

When was property at 55 Sunset Drive built and last sold?
The property at 55 Sunset Drive was built in 1990 and last sold on Jan 1, 1970 for $136,500.
How much is this home worth?
The estimated value of the home located at 55 Sunset Drive is $596,577.
What are some comparable homes to 55 Sunset Drive?
There are currently no comparable homes to 55 Sunset Drive.
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