18 Everett Ave #2
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2021 | Sold | ||
| Sold | |||
| Jan 6, 2021 | Listed by Blue Ocean Realty, LLC | $649,000 | |
| Listed by Blue Ocean Realty, LLC | |||
| Apr 20, 2017 | Sold | ||
| Sold | |||
| Jan 18, 2017 | Listed by Compass | $579,000 | |
| Listed by Compass | |||
| | |||
|
Another development by East Somerville Premier Developer. Modern style meets city living in this complete renovation of a brand bright new condo with one level of living in East Somerville. Assigned parking spot. Complete open concept yielding exotic counter tops, new cabinets in this architecturally designed kitchen. New forced hot/cold air for energy efficiency. Large storage space in basement. Walk to Assembly Square in the hottest city in Massachusetts. 5 minute walk to Assembly Square T stop and thriving businesses.
| |||
| Sep 7, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/06/2021
|
2 Bed
|
2 Bath
|
911 ft²
|
$649,000
2 Bed
2 Bath
911 ft²
|
$649,000
02/16/2021
|
Shane Small
Blue Ocean Realty, LLC
| |
|
01/18/2017
|
2 Bed
|
2 Bath
|
1111 ft²
|
$579,000
2 Bed
2 Bath
1111 ft²
|
$562,000
-2.94%
04/20/2017
|
Kathryn Gustafson
Redfin Corp.
| |
|
01/06/2017
|
2 Bed
|
2 Bath
|
1250 ft²
|
$569,000
2 Bed
2 Bath
1250 ft²
|
$520,000
-8.61%
01/31/2017
|
Olga Bassa
Boston Luxe Real Estate
| |
|
09/21/2016
|
2 Bed
|
2 Bath
|
1108 ft²
|
$519,000
2 Bed
2 Bath
1108 ft²
|
$495,000
-4.62%
11/14/2016
|
Olga Bassa
Boston Luxe Real Estate
| |
|
07/07/2016
|
2 Bed
|
2 Bath
|
1108 ft²
|
$549,000
2 Bed
2 Bath
1108 ft²
|
$535,000
-2.55%
09/07/2016
|
Olga Bassa
Boston Luxe Real Estate
| |
|
06/19/2015
| |
8 Bed
|
4 Bath
|
2927 ft²
|
$849,000
8 Bed
4 Bath
2927 ft²
|
$845,000
-0.47%
10/23/2015
|
Zeza DaCosta
Steve Bremis Realty Group
|
|
04/21/2003
| |
9 Bed
|
-
|
3103 ft²
|
$524,900
9 Bed
-
3103 ft²
|
$524,900
07/31/2003
|
Laurie Devereaux
Century 21 Advance Realty
|
Building Info
About East Somerville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017