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Somerset 02726
84 Smith Ave
$310,000
● House - Off Market

84 Smith Ave

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,274 Ft²
$409,032
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Charming 3-bedroom, 1 1/2 bath cape in sought-after neighborhood.  Features a large, fenced-in backyard, a full detached 2-car garage with a second floor for loads of extra storage, and central air!  Private master bedroom with vaulted ceilings and many custom built-ins, bright, fireplaced living room, and double entryway with closet.  Newer roof and windows (2016).  Great, solid family home!  Will not last!  ***PLEASE NOTE:  Open house attendees will be limited to 3 groups at a time to respect social distancing practices so please plan accordingly.
Unit Size
1,274 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$232
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1938

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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: 5 months ago (MLSPIN #72662913)

Price History

Date / Event Date Event Price
Jul 7, 2020 Sold
Premium
Sold
May 28, 2020 Listed by Keller Williams South Watuppa $295,000
Listed by Keller Williams South Watuppa
Mar 20, 2018 Sold
Premium
Sold
Sep 27, 2017 Listed by Keller Williams South Watuppa $259,900
Listed by Keller Williams South Watuppa

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 807
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,275
  • Gross Building Area: 2,081
  • Building Area: 1,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,275
  • 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: 644200

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0B2 L:0102
  • Lot: 102
  • Municipality: SOMERSET
  • Latitude: 41.7338
  • Longitude: -71.1551

    Address

  • Full Address: 84 Smith Ave
  • Address - House Number: 84
  • Address - Street Name: Smith
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerset
  • Carrier Code: C061
  • 4-Digit Zip Code: 3037
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 427,656
  • High Value: 506,565
  • Low Value: 348,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,500
  • Assessed Land Value: $165,800
  • Assessed Improvements Value: $182,700

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11435
  • Previous Sale Recording Date: Mar 20, 2018
  • Previous Sale Amount: $258,000
  • 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

54

Average Home Size

1767 ft²

Average Home Age

57.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72662913

Frequently Asked Questions

When was property at 84 Smith Avenue built and last sold?
The property at 84 Smith Avenue was built in 1938 and last sold on Jul 7, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 84 Smith Avenue is $306,001.
What are some comparable homes to 84 Smith Avenue?
There are currently no comparable homes to 84 Smith Avenue.
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