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Somerset 02726
752 Chace Street
$405,000
● House - Off Market

752 Chace Street

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$411,803
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

This highly sought after "ranch style" home has been completely remodeled inside and out!  Recent upgrades include brand new vinyl siding, windows, kitchen floors & stainless G&E brand appliances, high efficiency furnace with humidifier, central air conditioning, updated electric, all new duct work, updated bath to include tiled walk-in shower; new vanity; new interior & exterior doors & gleaming hardwood floors throughout.  Pristine, move-in condition!  The fenced in private yard has a beautiful antique brick patio, a shed, and a paved drive.  This home wont last long.  it's located within minutes to the schools & expressway.  Showings start Saturday 3/12th 11:00 - 12:30.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$366
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1959

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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: 6 months ago (MLSPIN #72950943)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Realty One Group, LLC $399,900
Listed by Realty One Group, LLC
Sep 17, 2018 Sold
Premium
Sold
Aug 21, 2018 Listed by Realty One Group, LLC $259,000
Listed by Realty One Group, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,092
  • Gross Building Area: 1,117
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • 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:D12 L:0013
  • Lot: 13
  • Municipality: SOMERSET
  • Latitude: 41.7625
  • Longitude: -71.1517

    Address

  • Full Address: 752 Chace St
  • Address - House Number: 752
  • Address - Street Name: Chace
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C053
  • 4-Digit Zip Code: 3510
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,200

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 416,710
  • High Value: 491,306
  • Low Value: 342,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,000
  • Assessed Land Value: $155,200
  • Assessed Improvements Value: $147,800

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5943
  • Previous Sale Recording Date: Sep 17, 2018
  • Previous Sale Amount: $255,000
  • 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:

$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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72950943

Frequently Asked Questions

When was property at 752 Chace Street built and last sold?
The property at 752 Chace Street was built in 1959 and last sold on Mar 31, 2022 for $405,000.
How much is this home worth?
The estimated value of the home located at 752 Chace Street is $399,377.
What are some comparable homes to 752 Chace Street?
There are currently no comparable homes to 752 Chace Street.
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