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Somerville 02144 Spring Hill
22 Burnside Ave
$372,500
● House - Off Market

22 Burnside Ave

Somerville, MA 02144
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,205 Ft²
$1,354,919
RealtyHop Estimate
267.19%
Since Sep 1, 1998
MA-Boston
Primary Model

About This Property

CHARMING SPACIOUS 9RM 4BR 2 1/2BA W/FP,BAY WINDOWS,BLT-IN SHELVES LG MOD KITCHEN W/WINDOW SEAT TRACK LIGHTS GAS STOVE WOOD FLOORS 4TH BED/BATH IN ATTIC, SHADY FENCED YARD W/PATIO WALK TO "T". SHOWINGS START 6/10/98. 9AM-3PM.
Unit Size
2,205 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$167
Property Type
House
Property Taxes
$257
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 years ago (MLSPIN #30229416)

Price History

Date / Event Date Event Price
Aug 17, 1998 Sold
Premium
Sold
Jun 4, 1998 Listed $369,000
Listed
Jun 11, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,175
  • Total Building Area: 2,202
  • Gross Building Area: 3,520
  • Building Area: 2,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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: 350900

Zoning

  • Zoning: RA

Geography

  • Account Number: 23700145
  • District: 274
  • Parcel: SOME M:30 B:B L:14
  • Block: B
  • Lot: 14
  • Municipality: SOMERVILLE
  • Latitude: 42.391
  • Longitude: -71.1173

    Address

  • Full Address: 22 Burnside Ave
  • Address - House Number: 22
  • Address - Street Name: Burnside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerville
  • Carrier Code: C046
  • 4-Digit Zip Code: 3102
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,620,800

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,535,067
  • High Value: 1,805,314
  • Low Value: 1,264,821

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,540,700
  • Assessed Land Value: $807,800
  • Assessed Improvements Value: $732,900

    Sales

  • Current Sale Recording Date: Aug 17, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 11, 1992
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: 27
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 Spring Hill

Stats & Trends

Median Asking:

$1,274,500

Sale Price/ft²

$704

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2049 ft²

Average Home Age

103.6 years

Currently For Sale

33 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 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30229416

Frequently Asked Questions

When was property at 22 Burnside Avenue built and last sold?
The property at 22 Burnside Avenue was built in 1900 and last sold on Jan 1, 1970 for $372,500.
How much is this home worth?
The estimated value of the home located at 22 Burnside Avenue is $0.
What are some comparable homes to 22 Burnside Avenue?
There are currently no comparable homes to 22 Burnside Avenue.
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