$535,000
●
Condo -
Off Market
17 Ossipee Rd. #2
Somerville, MA 02144
3 Beds
2 Baths,
1
Half Bath
1,945 Ft²
$1,134,472
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model
About This Property
Spacious two-level condo on very desirable tree-lined side street
near Tufts University very convenient to Davis Sq., the hip social
and entertainment center of Somerville. Many updates, in-unit
laundry, plenty of storage, good-sized rooms, + office,
exclusive-use front and back porches, lots of light, natural
woodwork and period detail, including Dentil molding. Formal dining
room, French pocket doors, beamed ceilings. 1 off-street,
non-tandem parking space. The 1 you've been waiting for.
Unit Size
1,945 Ft²
Days on Market
-
Land Size
-
Price per sqft
$280
Property Type
Condo
Property Taxes
$591
HOA Dues
$201
Year Built
-
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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 years ago (MLSPIN #71440529)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2012 | Sold | ||
| Sold | |||
| Sep 26, 2012 | Listed by Coldwell Banker Realty - Cambridge | $545,000 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
| Jul 31, 2006 | Sold | ||
| Sold | |||
| Mar 30, 2006 | Listed by Compass | $533,000 | |
| Listed by Compass | |||
| | |||
|
Philly-style condo on pleasant residential side street within walking distance of Davis Square. Sunny spacious rooms. Bay windows. Lots of beautiful natural woodwork. Renovated kitchen with granite counters. In-unit laundry hookups. Large private basement storage area. Exclusive-use front and rear porches and common yard. Off-street parking.
| |||
| Apr 1, 2002 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 12
Length: 12
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances
Area: 144
Level: Third
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Level: Third
Features: Closet, Flooring - Wood
Width: 14
Length: 16
Area: 224
Width: 12
Features: Beamed Ceilings, Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors, Chair Rail
Length: 14
Level: Second
Area: 168
Features: Closet, Flooring - Wood
Width: 12
Length: 15
Area: 180
Level: Third
Features: Bathroom - Half
Level: Second
Length: 14
Level: Second
Area: 168
Features: Ceiling Fan(s), Beamed Ceilings, Flooring - Wood, French Doors
Width: 12
Features: Closet, Closet/Cabinets - Custom Built, Flooring - Wood
Level: Third
Length: 16
Width: 15
Area: 240
Length: 12
Level: Second
Area: 120
Features: Flooring - Wood, Window(s) - Bay/Bow/Box, Balcony - Exterior, Exterior Access
Width: 10
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Home Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Gas Water Heater, Tank Water Heaterless, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Flooring - Wood
Laundry Features: Second Floor, In Unit
Rooms: 7
Basement: Y
Parking Details
Parking Features: Off Street, Assigned, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Window(s) - Bay/Bow/Box, Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 4271607
Water Source: Public
Financial Details
Tax Assessed Value: $517,200
Tax Annual Amount: $7,087
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Icemaker Connection
Cooling Type: Central Air
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $201
Community Features: Public Transportation, Shopping, Park, T-Station, University
Pets Allowed: Yes
Management: No Management
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 |
|---|---|---|---|---|---|---|---|
|
09/26/2012
|
3 Bed
|
1 Bath
|
1945 ft²
|
$545,000
3 Bed
1 Bath
1945 ft²
|
$535,000
-1.83%
12/20/2012
|
David E. Wood
Toll And Isenberg Realty
| |
|
05/28/2009
|
3 Bed
|
1 Bath
|
1350 ft²
|
$439,000
3 Bed
1 Bath
1350 ft²
|
$428,100
-2.48%
08/28/2009
|
The Petrowsky Jones Group
| |
|
03/30/2006
|
3 Bed
|
2 Bath
|
1945 ft²
|
$533,000
3 Bed
2 Bath
1945 ft²
|
$533,000
07/31/2006
|
John Petrowsky
Hammond Real Estate
| |
|
04/10/2002
|
3 Bed
|
1 Bath
|
1350 ft²
|
$399,900
3 Bed
1 Bath
1350 ft²
|
$403,000
+0.78%
05/31/2002
|
Irene Bremis
Bremis, James J. Inc.
| |
|
01/18/2002
|
3 Bed
|
2 Bath
|
2000 ft²
|
$449,900
3 Bed
2 Bath
2000 ft²
|
$449,900
04/01/2002
|
Irene Bremis
LAER Realty Partners / iBremis Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017