$660,000
●
Condo -
Off Market
128 Willow Ave #2
Somerville, MA 02144
2 Beds
2 Baths
1,491 Ft²
$1,409,582
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model
About This Property
NEW LUXURY UNITS in Davis Square on the bike path. Units
priced from $595K for 2 bedrooms 2 baths, to $995K Penthouses with
3 bedrooms 3 baths. Very high ceilings and loft feeling: Open
Floor Plan, Cherry&Granite, Stainless Steel, HVAC, Decks, and 2
parking spaces in underground garage! Come see our
demo units at the Openhouses on Sundays from 2 to 4.
Unit Size
1,491 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$459
Property Type
Condo
Property Taxes
-
HOA Dues
$128
Year Built
2010
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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 #71242610)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2011 | Sold | ||
| Sold | |||
| Jun 2, 2011 | Listed by Thalia Tringo & Associates Real Estate, Inc. | $685,000 | |
| Listed by Thalia Tringo & Associates Real Estate, Inc. | |||
| | |||
|
NEW LUXURY UNITS in Davis Square on the bike path. Units priced from $595K for 2 bedrooms 2 baths, to $995K Penthouses with 3 bedrooms 3 baths. Very high ceilings and loft feeling: Open Floor Plan, Cherry&Granite, Stainless Steel, HVAC, Decks, and 2 parking spaces in underground garage! Come see our demo units at the Openhouses on Sundays from 2 to 4.
| |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Heated Garage, Deeded, Garage Faces Side, Under, Insulated
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Finish - Cement Plaster
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Hardwood
Door Features: Insulated Doors
Laundry Features: Gas Dryer Hookup, Washer Hookup, Closet - Linen, First Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1491
Year Built Source: Owner
Year Built: 2011
Building Area Total: 1491
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone
Patio and Porch Features: Covered, Deck - Wood
Lot Size Area: 0.36
Lot Size Units: Acres
Lot Size Acres: 0.36
Lot Size Square Feet: 15811
Water Source: Public, Individual Meter, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: Central Air, Individual, High Seer Heat Pump (12+)
Heating Type: Central, Natural Gas, Individual
Sewer : Public Sewer, Individual Meter
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $128
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/05/2011
|
3 Bed
|
2 Bath
|
2677 ft²
|
$995,000
3 Bed
2 Bath
2677 ft²
|
-
-
|
Mark Roderick
House & Garden Management
| |
|
07/16/2011
|
Loft
|
2 Bath
|
-
|
$398,000
Loft
2 Bath
|
$398,000
09/22/2011
|
Mark Roderick
House & Garden Management
| |
|
06/19/2011
|
Loft
|
1 Bath
|
-
|
$199,000
Loft
1 Bath
|
-
-
|
Mark Roderick
House & Garden Management
| |
|
06/02/2011
|
2 Bed
|
2 Bath
|
1491 ft²
|
$685,000
2 Bed
2 Bath
1491 ft²
|
$660,000
-3.65%
07/15/2011
|
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
| |
|
05/22/2011
|
3 Bed
|
2 Bath
|
2537 ft²
|
$995,000
3 Bed
2 Bath
2537 ft²
|
-
-
|
Mark Roderick
House & Garden Management
| |
|
05/22/2011
|
2 Bed
|
2 Bath
|
1805 ft²
|
$685,000
2 Bed
2 Bath
1805 ft²
|
$675,000
-1.46%
07/21/2011
|
Mark Roderick
House & Garden Management
| |
|
05/22/2011
|
2 Bed
|
2 Bath
|
1783 ft²
|
$695,000
2 Bed
2 Bath
1783 ft²
|
$695,000
07/21/2011
|
Mark Roderick
House & Garden Management
| |
|
05/21/2011
|
3 Bed
|
2 Bath
|
2500 ft²
|
$965,000
3 Bed
2 Bath
2500 ft²
|
-
-
|
Mark Roderick
House & Garden Management
| |
|
04/02/2011
|
2 Bed
|
2 Bath
|
1385 ft²
|
$595,000
2 Bed
2 Bath
1385 ft²
|
$580,000
-2.52%
07/14/2011
|
Roland Rambaud
Compass
| |
|
07/09/2008
| |
Loft
|
-
|
-
|
$1,250,000
Loft
-
|
$1,250,000
09/30/2008
|
Peter Flori
Orione Realty Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017