$1,450,000
●
House -
Off Market
173 Willow Ave
Somerville, MA 02144
4 Beds
3 Baths
2,354 Ft²
$2,185,915
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model
About This Property
Large Victorian single family walking distance to Davis Square
Porter, and Ball squares. Attentively renovated with large
custom kitchen complete with breakfast bar , sunny alcove
w/built in window seat looking out to a beautiful deck and fenced
yard. Open floor plan of kitchen, dining and living rooms allows
for great entertaining. Bay windowed living room w/custom
built in bookshelves, full dining room with large built in period
hutch, Three beds, a full bath as well as a laundry area are
located on the second level. Third level has an outstanding master
suite with high ceilings, skylights, and a large open concept
bathroom complete with shower area and soaking tub. Basement is
partially finished and has a full bath as well, making it a great
area for entertaining or storage. Many period details throughout
along with updated systems.Private driveway with 2 off street
parking spaces. Easy walk along the popular bike path to Davis
Square restaurants, theater, and the Red Line
Unit Size
2,354 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$563
Property Type
House
Property Taxes
$992
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 #72077595)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Oct 5, 2016 | Listed by Compass | $1,325,000 | |
| Listed by Compass | |||
| | |||
|
Large Victorian single family walking distance to Davis Square Porter, and Ball squares. Attentively renovated with large custom kitchen complete with breakfast bar , sunny alcove w/built in window seat looking out to a beautiful deck and fenced yard. Open floor plan of kitchen, dining and living rooms allows for great entertaining. Bay windowed living room w/custom built in bookshelves, full dining room with large built in period hutch, Three beds, a full bath as well as a laundry area are located on the second level. Third level has an outstanding master suite with high ceilings, skylights, and a large open concept bathroom complete with shower area and soaking tub. Basement is partially finished and has a full bath as well, making it a great area for entertaining or storage. Many period details throughout along with updated systems.Private driveway with 2 off street parking spaces. Easy walk along the popular bike path to Davis Square restaurants, theater, and the Red Line
| |||
| Oct 9, 2012 | Sold | ||
| Sold | |||
| Jul 12, 2012 | Listed by Coldwell Banker Residential Brokerage - Cambridge | $999,000 | |
| Listed by Coldwell Banker Residential Brokerage - Cambridge | |||
| Sep 28, 2006 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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