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Somerville 02144 Powder House
140 Morrison Avenue
$300,000
● House - Off Market

140 Morrison Avenue

Somerville, MA 02144
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,220 Ft²
$895,067
RealtyHop Estimate
184.15%
Since Sep 1, 2000
MA-Boston
Primary Model

About This Property

HISTORIC MANSARD ROWHOUSE ATTACHED SINGLE FAMILY IN DAVIS SQUARE. NEWER KITCHEN W/ OAK CABINETS, PERIOD DETAIL, DECK, PRIVATE GARDEN. WALK TO SHOPS, THEATER, TRANSPORTATION, BIKE PATH. REGISTRATION W/ LOCAL HISTORIC SOCIETY.
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$258
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1895

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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: 4 years ago (MLSPIN #30423175)

Price History

Date / Event Date Event Price
Dec 24, 2002 Sold
Premium
Sold
Sep 21, 2002 Listed $398,000
Listed
Aug 29, 2000 Sold
Premium
Sold
Jun 23, 2000 Listed $315,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 2,496
  • Total Building Area: 1,334
  • Gross Building Area: 2,125
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERVILLE
  • Land Acres: 0000000057
  • 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: 350400

Zoning

  • Zoning: RA

Geography

  • Account Number: 15513085
  • District: 274
  • Parcel: SOME M:24 B:L L:5
  • Block: L
  • Lot: 5
  • Municipality: SOMERVILLE
  • Latitude: 42.3961
  • Longitude: -71.1172

    Address

  • Full Address: 140 Morrison Ave
  • Address - House Number: 140
  • Address - Street Name: Morrison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerville
  • Carrier Code: C039
  • 4-Digit Zip Code: 2113
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,240,800

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 1,225,073
  • High Value: 1,501,882
  • Low Value: 948,264

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,179,500
  • Assessed Land Value: $619,300
  • Assessed Improvements Value: $560,200

    Sales

  • Current Sale Recording Date: Dec 24, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1159
  • Previous Sale Recording Date: Aug 29, 2000
  • Previous Sale Amount: $300,000
  • 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:

$1,089,950

Sale Price/ft²

$722

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1560 ft²

Average Home Age

70.2 years

Currently For Sale

31 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 205 Walden St, Cambridge, MA, 02140

$3,905 /mo

  • 2 Beds
  • 1 Bath
  • 963 ft²
205 Walden St #The Chilton 2P, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30423175

Frequently Asked Questions

When was property at 140 Morrison Avenue built and last sold?
The property at 140 Morrison Avenue was built in 1895 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 140 Morrison Avenue is $428,045.
What are some comparable homes to 140 Morrison Avenue?
There are currently no comparable homes to 140 Morrison Avenue.
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