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Somerset 02726
9 Sherman Rd
$289,900
● House - Off Market

9 Sherman Rd

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,900 Ft²
$563,528
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

New colonial at crazy low price!  Here is your chance to own your new dream home at an affordable price. With high end features like large master with master bath and walk in closet, first floor laundry, large kitchen with granite countertops and central air are just a few features you will find if you check this house out.  It will not last long at this price so don't delay call today!!! You still have time to pick paint and carpets!!!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$153
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
2013

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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 #71609054)

Price History

Date / Event Date Event Price
Jan 9, 2014 Sold
Premium
Sold
Nov 16, 2013 Listed by Summit Realty Team, Inc. $289,990
Listed by Summit Realty Team, Inc.
Dec 31, 2012 Sold
Premium
Sold
Jun 1, 2012 Listed by Summit Realty Team, Inc. $67,500
Listed by Summit Realty Team, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,904
  • Gross Building Area: 2,856
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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:0B8 L:0105
  • Lot: 105
  • Municipality: SOMERSET
  • Latitude: 41.7385
  • Longitude: -71.175

    Address

  • Full Address: 9 Sherman Rd
  • Address - House Number: 9
  • Address - Street Name: Sherman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C055
  • 4-Digit Zip Code: 1508
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $589,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 567,055
  • High Value: 668,566
  • Low Value: 465,545

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,600
  • Assessed Land Value: $141,200
  • Assessed Improvements Value: $323,400

    Sales

  • Current Sale Recording Date: Jan 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 31, 2012
  • Previous Sale Amount: $50,000
  • 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:

$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# 71609054

Frequently Asked Questions

When was property at 9 Sherman Road built and last sold?
The property at 9 Sherman Road was built in 2013 and last sold on Jan 1, 1970 for $289,900.
How much is this home worth?
The estimated value of the home located at 9 Sherman Road is $311,743.
What are some comparable homes to 9 Sherman Road?
There are currently no comparable homes to 9 Sherman Road.
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