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Somerville 02143 Powder House
14 Cedar Ave.
Photo of 14 Cedar Ave.
Sold on Jun 15, 2010

1

Map

$340,000
● House - Off Market

14 Cedar Ave.

Somerville, MA 02143
bedrooms
3 Beds
bathrooms
1 Bath
square feet
981 Ft²
$685,330
RealtyHop Estimate
101.57%
Since Jul 1, 2010
MA-Boston
Primary Model

About This Property

Location, Location! Hurry! A diamond in the rough! Rare opportunity, walking distance to Porter Sq. Sun-filled single family home w/alot of potential, features eat-in kitchen w/pantry, hardwood floors, newer windows, newer heating system, great condo alternative, price reflects updates needed. Property to be sold in "as is" condition. First O.H. Sunday 5/2 2-4 p.m. Seller to review offers Wednesday, May 5, by 6:00 p.m. with May 6 expiration.
Unit Size
981 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$347
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1905

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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: 2 years ago (MLSPIN #71073129)

Price History

Date / Event Date Event Price
Jun 15, 2010 Sold
Premium
Sold
Apr 29, 2010 Listed $340,000
Listed
Nov 25, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,446
  • Total Building Area: 1,388
  • Gross Building Area: 2,136
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUILDING SOMERVILLE
  • Land Acres: 0000000056
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351002

Zoning

  • Zoning: RA

Geography

  • Account Number: 3141060
  • District: 274
  • Parcel: SOME M:35 B:A L:44
  • Block: A
  • Lot: 44
  • Municipality: SOMERVILLE
  • Latitude: 42.3908
  • Longitude: -71.1126

    Address

  • Full Address: 14 Cedar Ave
  • Address - House Number: 14
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerville
  • Carrier Code: C013
  • 4-Digit Zip Code: 1302
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,079,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 1,035,361
  • High Value: 1,224,307
  • Low Value: 846,414

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,026,300
  • Assessed Land Value: $520,300
  • Assessed Improvements Value: $506,000

    Sales

  • Current Sale Recording Date: Jun 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00096737
  • Previous Sale Recording Date: Nov 25, 2003
  • Previous Sale Amount: $574,000
  • 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 Powder House

Stats & Trends

Median Asking:

$1,175,000

Sale Price/ft²

$718

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1729 ft²

Average Home Age

73.5 years

Currently For Sale

30 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

Unit for rent at 285 Third Street, Cambridge, MA, 02142

$4,090 /mo

  • 1 Bed
  • 1 Bath
  • 842 ft²
285 Third Street #1 Bed (North)- 842, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 249 Third St., Cambridge, MA, 02142

$3,985 /mo

  • 2 Beds
  • 2 Baths
  • 950 ft²
249 Third St. #The Lofts 2 Bedrooms X, Cambridge, MA, 02142 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71073129

Frequently Asked Questions

When was property at 14 Cedar Avenue built and last sold?
The property at 14 Cedar Avenue was built in 1905 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 14 Cedar Avenue is $0.
What are some comparable homes to 14 Cedar Avenue?
There are currently no comparable homes to 14 Cedar Avenue.
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