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Somerville 02145 Ten Hills
2 Snow Terrace
$715,000
● House - Off Market

2 Snow Terrace

Somerville, MA 02145
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,630 Ft²
$979,161
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

RARE chance to own a single family in the desirable Winter Hill of Somerville! Recently remodeled and meticulously maintained, this modern BRIGHT 3br 2.5ba house is move-in ready. Beautiful open layout with SS appliances in the chef's kitchen flowing seamlessly into sun-filled dining & living room. Recessed lights throughout, fiberglass insulation all around for cozy winters, bathroom on every floor. Additional huge bedroom in luxurious finished basement for overnight guests. Front porch and walk out deck in the back for summer grill parties or afternoon reading outdoors. TWO car private driveway! The off-main road terrace provides a quiet sanctuary right in the heart of everything! CENTRALLY LOCATED, minutes to downtown Boston and Cambridge, walk to Orange line T and bus stop, walk 8min to new green line at Gilman sq, walk to Assembly Row, simply a commuter's dream and city life at its best.
Unit Size
1,630 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$420
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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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: 4 months ago (MLSPIN #72463960)

Price History

Date / Event Date Event Price
May 6, 2019 Sold
Premium
Sold
Mar 12, 2019 Listed by HomeLister, Inc. $685,000
Listed by HomeLister, Inc.
Dec 31, 2015 Sold
Premium
Sold
Nov 5, 2015 Listed by HomeLister, Inc. $519,900
Listed by HomeLister, Inc.
Dec 22, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 1,680
  • Total Building Area: 1,234
  • Gross Building Area: 2,181
  • Building Area: 1,234
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERVILLE
  • Land Acres: 0000000039
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350108

Zoning

  • Zoning: RB

Geography

  • Account Number: 19619190
  • District: 274
  • Parcel: SOME M:58 B:B L:13
  • Block: B
  • Lot: 13
  • Municipality: SOMERVILLE
  • Latitude: 42.3947
  • Longitude: -71.0933

    Address

  • Full Address: 2 Snow Ter
  • Address - House Number: 2
  • Address - Street Name: Snow
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Somerville
  • Carrier Code: C071
  • 4-Digit Zip Code: 2405
  • Zip Code: 02145

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $854,500

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 915,394
  • High Value: 1,078,569
  • Low Value: 752,219

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $812,300
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $577,600

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58163
  • Previous Sale Recording Date: Dec 31, 2015
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: O
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 Ten Hills

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$592

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1905 ft²

Average Home Age

101 years

Currently For Sale

21 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 249 Third St., Cambridge, MA, 02142

$3,595 /mo

  • Studio
  • 1 Bath
  • 476 ft²
249 Third St. #The Flats Studio G, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 285 Third Street, Cambridge, MA, 02142

$4,360 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
285 Third Street #1 Bed (South) - 751, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 4 Emerson Place, Boston, MA, 02114

$3,635 /mo

  • 1 Bed
  • 1 Bath
  • 874 ft²
4 Emerson Place #Villas One Bedroom, Boston, MA, 02114 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72463960

Frequently Asked Questions

When was property at 2 Snow Terrace built and last sold?
The property at 2 Snow Terrace was built in 1900 and last sold on Apr 26, 2019 for $715,000.
How much is this home worth?
The estimated value of the home located at 2 Snow Terrace is $707,190.
What are some comparable homes to 2 Snow Terrace?
There are currently no comparable homes to 2 Snow Terrace.
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