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Somerset 02726
87 Fatima Dr
$400,000
● House - Off Market

87 Fatima Dr

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,324 Ft²
$450,069
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Somerset- Located on a quiet street sits this 7 room 3 bedroom 1.5 bath ranch with an open airy feeling. The living room has nice natural light with a gas fireplace. The Kitchen is fully applianced. The sellers added a Family room, with vaulted ceilings and skylights about 20 years ago.. The master bedroom has a built in desk and closet. The 2nd bedroom has two closets. The family room offers easy access to the rear yard. A good sized deck is off the back. Central A/C. 3 Zone heating. 2 car garage with ample storage. Generator, 6 zone irrigation system. This is a Must See!
Unit Size
1,324 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$302
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #72879483)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Better Living Real Estate, LLC $399,900
Listed by Better Living Real Estate, LLC

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,144
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,324
  • Gross Building Area: 2,468
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISLAND HEIGHTS
  • Land Acres: 0000000260
  • 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:0C6 L:0147
  • Lot: 147
  • Municipality: SOMERSET
  • Latitude: 41.7516
  • Longitude: -71.1531

    Address

  • Full Address: 87 Fatima Dr
  • Address - House Number: 87
  • Address - Street Name: Fatima
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Somerset
  • Carrier Code: C058
  • 4-Digit Zip Code: 3329
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $493,100

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 466,779
  • High Value: 550,338
  • Low Value: 383,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,900
  • Assessed Land Value: $167,700
  • Assessed Improvements Value: $221,200

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24260
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

1901 ft²

Average Home Age

58 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 years ago
Data Source: MLS PIN, MLS# 72879483

Frequently Asked Questions

When was property at 87 Fatima Drive built and last sold?
The property at 87 Fatima Drive was built in 1960 and last sold on Oct 20, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 87 Fatima Drive is $0.
What are some comparable homes to 87 Fatima Drive?
There are currently no comparable homes to 87 Fatima Drive.
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