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Somerset 02725
74 Statler Ave.
$256,000
● House - Off Market

74 Statler Ave.

Somerset, MA 02725
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$479,032
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Enjoy the summer in your heated in-ground pool!  This home is great for entertaining.  The open floor plan leads to a family room with a gas stove, relaxing sun room to a rear deck with retractable awning.  The kitchen includes stainless steel appliances, tile back splash and center island.  Beautiful living room with newer Anderson bow window and gas fire place, Two bedrooms, could easily be converted back to a three bedroom.  Updated bathroom with jacuzzi tub and stand-up shower and additional half bath. Master bedroom has sliders leading to a rear deck. Also features a two car garage and fenced in yard. Move in ready.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$182
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1973

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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: 6 months ago (MLSPIN #71860108)

Price History

Date / Event Date Event Price
Aug 7, 2015 Sold
Premium
Sold
Jun 18, 2015 Listed by RE/MAX Right Choice $269,900
Listed by RE/MAX Right Choice

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,480
  • Gross Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,480
  • 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: 644200

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:A13 L:0094
  • Lot: 94
  • Municipality: SOMERSET
  • Latitude: 41.7283
  • Longitude: -71.1846

    Address

  • Full Address: 74 Statler Ave
  • Address - House Number: 74
  • Address - Street Name: Statler
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerset
  • Carrier Code: C070
  • 4-Digit Zip Code: 1130
  • Zip Code: 02725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $478,200

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 467,761
  • High Value: 554,075
  • Low Value: 381,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,100
  • Assessed Land Value: $142,700
  • Assessed Improvements Value: $234,400

    Sales

  • Current Sale Recording Date: Aug 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12359
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:

$530,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1758 ft²

Average Home Age

66.9 years

Currently For Sale

23 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: 6 months ago
Data Source: MLS PIN, MLS# 71860108

Frequently Asked Questions

When was property at 74 Statler Avenue built and last sold?
The property at 74 Statler Avenue was built in 1973 and last sold on Jan 1, 1970 for $256,000.
How much is this home worth?
The estimated value of the home located at 74 Statler Avenue is $289,295.
What are some comparable homes to 74 Statler Avenue?
There are currently no comparable homes to 74 Statler Avenue.
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