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Somerville 02143 Spring Hill
16 Central St
Photo of 16 Central St
Sold on Aug 29, 2025

41

Map

Photo of 16 Central St
Photo of 16 Central St
$1,650,000
● House - Off Market

16 Central St

Somerville, MA 02143
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,744 Ft²
$8,531
Est. Monthly
3.48%
Cap Rate

About This Property

A truly special property: This striking Victorian-style home has been cared for by two generations of the same family. Unit 1 lives like a single-family-graciously spread across two full floors, connected by a handsome Jack and Jill staircase. You'll find French doors and original pocket doors, complete with their antique hardware. The grand-entry foyer welcomes you with timeless charm. Oak floors glow, chandeliers sparkle, and a fireplace trimmed in Italian granite anchors the living and dining rooms. With granite countertops and oak floors, the kitchen brings functionality and character. A private-entry, 1 bedroom in-law apartment crowns the third floor, offering income potential or room to grow. This home has central air, is move-in ready and awaits your personal touches. Situated on a corner lot with driveway and cozy yard. Perched between Union and Porter Squares at the bottom of Spring Hill-- not far from Harvard/Lesley/MIT--this location isn't up-and-coming; It's already here.
Unit Size
2,744 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$579
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1915

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73405299)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Jul 23, 2025 In contract -
In contract
Jul 16, 2025 Listed by Compass $1,589,000
Listed by Compass

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 2,744
  • Gross Building Area: 4,408
  • Building Area: 2,744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERVILLE
  • Land Acres: 0000000083
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351102

Zoning

  • Zoning: RB

Geography

  • Account Number: 5228099
  • District: 274
  • Parcel: SOME M:44 B:E L:9
  • Block: E
  • Lot: 9
  • Municipality: SOMERVILLE
  • Latitude: 42.3843
  • Longitude: -71.1065

    Address

  • Full Address: 16 Central St
  • Address - House Number: 16
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C021
  • 4-Digit Zip Code: 2828
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,248,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,325,583
  • High Value: 1,543,671
  • Low Value: 1,107,495

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,186,300
  • Assessed Land Value: $596,700
  • Assessed Improvements Value: $589,600
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 Spring Hill

Stats & Trends

Median Asking:

$1,289,000

Sale Price/ft²

$703

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2062 ft²

Average Home Age

104.9 years

Currently For Sale

28 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
Unit for rent at 205 Walden St, Cambridge, MA, 02140

$2,624 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
205 Walden St #The Seville, Cambridge, MA, 02140 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# 73405299

Frequently Asked Questions

When was property at 16 Central Street built and last sold?
The property at 16 Central Street was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Central Street is $0.
What are some comparable homes to 16 Central Street?
There are currently no comparable homes to 16 Central Street.
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