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297 Elm St, Somerset, MA, 02726

6beds
4baths
2,164sqft
$799,999
$370price/sqft
$5,654/moest. monthly cost
$226,160/yrincome needed

About This Home

TWO SEPARATE HOMES ON ONE LOT! This unique property offers incredible flexibility with two distinct residences connected by an enclosed hallway through the garage. Perfect for extended family, multi-generational living, an in-law arrangement, or anyone looking for additional living space.The main raised ranch features an open floor plan with an eat-in kitchen, dining area, and living room with a wood-burning fireplace. The second floor offers three bedrooms, one full bathroom, and central air conditioning. The finished lower level provides additional living space with a second wood-burning fireplace, divided family room, and access to the two-car garage.The second residence offers its own separate living space with an open-concept eat-in kitchen and living room on the upper level. The primary bedroom is located on the second floor and includes access to a private deck. The finished lower level features two additional bedrooms, a full bathroom, bonus room, and separate utility/laundry room.With two homes on one lot, this property provides exceptional versatility and privacy while keeping the residences conveniently connected. Whether you're looking for space for extended family, a multi-generational setup, or additional living accommodations, the possibilities are endless.Both homes also feature solar panels, helping reduce electric costs. The solar agreements are transferable to the new owner, providing the potential for continued energy savings.A rare opportunity to own two residences on one property—come see the possibilities!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
North Elementary SchoolGrades PK-50.4 mi
6/10
Somerset Middle SchoolGrades 6-83.0 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Raised Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 2,052
  • Finished area above ground: 2,248

Heating & Cooling

  • Heating features: Oil,Natural Gas,Active Solar
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,164
  • Total interior livable area: 2,164 sqft

Property

Details

  • Parcel number: M:0E3 L:0046,2953986
  • Zoning: R1

Lot

  • Lot size: 0.52 Acres
  • Features: Cleared

Parking

  • Total spaces: 6
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,045$48,540
Home Insurance *$293$3,516
Property Taxes $890$10,680
Electricity $426$5,120
Total$5,654$67,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,851/yr
40% on housing$169,620/yr
45% on housing$150,773/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$370This listing

vs Other Active Listings

Avg $/sqft

ZIP 02726$279
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02726$317
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Price change$799,999
2026-06-26Price change$900,000
2026-05-31Listed for sale$950,000

For Sale by Agent

AgentPamela Cheney
BrokerageEpique Realty

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