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Somerset 02726
7 Mohawk Rd
$255,000
● House - Off Market

7 Mohawk Rd

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$459,424
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Beautiful modern Ranch completely remodeled in the last 5 years with new kitchen, new bath w/custom tub & in-closer, new hardwood flooring through-out, new electric service, updated heating fha with central a/c, new windows, bonus is the 3 full bedrooms with large closets, 3 season room/breezway w/electric heat. very desirable neighborhood on a corner lot, nicely landscaped w/a private fenced in back yard and large storage shed.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$225
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #71883609)

Price History

Date / Event Date Event Price
Oct 16, 2015 Sold
Premium
Sold
Aug 4, 2015 Listed by Ponte & Associates Real Estate $259,000
Listed by Ponte & Associates Real Estate
May 21, 2009 Sold
Premium
Sold
Mar 11, 2009 Listed by Ponte & Associates Real Estate $227,000
Listed by Ponte & Associates Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,050
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,050
  • Gross Building Area: 2,100
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • 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: 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:0065
  • Lot: 65
  • Municipality: SOMERSET
  • Latitude: 41.7644
  • Longitude: -71.1419

    Address

  • Full Address: 7 Mohawk Rd
  • Address - House Number: 7
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C056
  • 4-Digit Zip Code: 4728
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,400

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 431,890
  • High Value: 511,580
  • Low Value: 352,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,300
  • Assessed Land Value: $166,500
  • Assessed Improvements Value: $169,800

    Sales

  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16824
  • Previous Sale Recording Date: May 21, 2009
  • Previous Sale Amount: $228,000
  • 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:

$527,600

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1784 ft²

Average Home Age

56.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71883609

Frequently Asked Questions

When was property at 7 Mohawk Road built and last sold?
The property at 7 Mohawk Road was built in 1955 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 7 Mohawk Road is $267,685.
What are some comparable homes to 7 Mohawk Road?
There are currently no comparable homes to 7 Mohawk Road.
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