$1,800,000
●
House -
Off Market
16 Chester Place
Somerville, MA 02144
4 Beds
2 Baths,
1
Half Bath
1,902 Ft²
$9,947
Est. Monthly
About This Property
Just steps from Davis Sq. but nestled at the end of a cul-de-sac,
this attractive, renovated single family has C/A, landscaped yard,
deck, patio, driveway, and garage with EV charger. To the left of
the foyer, a French door opens to a bright LR w/wood floors and bay
windows and door to half bath. A partition defines the separate DR,
directly across from the spacious kitchen w/cherry cabinets, light
stone counters, tiled backsplash, ss vent hood, gas range,
microwave, dw, and bow windows overlooking lush gardens. Beyond the
DR is a studio/laundry/mudroom/pantry with door to the deck and
lovely yard. Upstairs, the primary suite features a bedroom with
vaulted ceiling, spa bath, and lg walk-in closet (which could be
converted to another bedroom). A second bedroom and full bath lie
at the other end of the hall. The top floor has 2 bedrooms/offices.
The unfinished bsmt has ample room for workout and workshop
equipment as well as systems and storage.
Unit Size
1,902 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$907
Property Type
House
Property Taxes
$1,477
HOA Dues
-
Year Built
1920
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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: 5 months ago (MLSPIN #73235828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Thalia Tringo & Associates Real Estate, Inc. | $1,725,000 | |
| Listed by Thalia Tringo & Associates Real Estate, Inc. | |||
| | |||
|
Just steps from Davis Sq. but nestled at the end of a cul-de-sac, this attractive, renovated single family has C/A, landscaped yard, deck, patio, driveway, and garage with EV charger. To the left of the foyer, a French door opens to a bright LR w/wood floors and bay windows and door to half bath. A partition defines the separate DR, directly across from the spacious kitchen w/cherry cabinets, light stone counters, tiled backsplash, ss vent hood, gas range, microwave, dw, and bow windows overlooking lush gardens. Beyond the DR is a studio/laundry/mudroom/pantry with door to the deck and lovely yard. Upstairs, the primary suite features a bedroom with vaulted ceiling, spa bath, and lg walk-in closet (which could be converted to another bedroom). A second bedroom and full bath lie at the other end of the hall. The top floor has 2 bedrooms/offices. The unfinished bsmt has ample room for workout and workshop equipment as well as systems and storage.
| |||
| Feb 28, 2014 | Sold | ||
| Sold | |||
| Aug 20, 2013 | Listed by Thalia Tringo & Associates Real Estate, Inc. | $1,149,000 | |
| Listed by Thalia Tringo & Associates Real Estate, Inc. | |||
| Dec 17, 2007 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017