$350,000
●
Condo -
Off Market
22 Laurel St. #21
Somerville, MA 02143
2 Beds
1 Bath
881 Ft²
$608,677
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model
About This Property
Wonderful front unit in a well maint. brick bldg. Walk to both
Union & Porter Sq's. Features open layout w/oak flrs, custom
painted walls, lrg windows, & 2 bedrms, each w/berber carpeting &
spacious dbl closets. Black & white art deco marble tiled
bath w/designer Koehler fixtures and a lovely efficiency style
maple cabinet kitchen w/stainless steel appliances & a Kit/DR pass
thru.
Unit Size
881 Ft²
Days on Market
-
Land Size
-
Price per sqft
$363
Property Type
Condo
Property Taxes
$275
HOA Dues
$240
Year Built
1970
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 6 months ago (MLSPIN #71518288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2013 | Sold | ||
| Sold | |||
| May 1, 2013 | Listed by LMC Property Group | $319,900 | |
| Listed by LMC Property Group | |||
| | |||
|
Wonderful front unit in a well maint. brick bldg. Walk to both Union & Porter Sq's. Features open layout w/oak flrs, custom painted walls, lrg windows, & 2 bedrms, each w/berber carpeting & spacious dbl closets. Black & white art deco marble tiled bath w/designer Koehler fixtures and a lovely efficiency style maple cabinet kitchen w/stainless steel appliances & a Kit/DR pass thru.
| |||
| Apr 27, 2006 | Sold | ||
| Sold | |||
| Aug 12, 2005 | Listed by Coldwell Banker Realty - Topsfield | $279,900 | |
| Listed by Coldwell Banker Realty - Topsfield | |||
| | |||
|
2BR close to Porter/Union (walk to Cambridge), open layouts, new hardwood, black granite bath, maple cabinets in kitchen with stainless appliances, ample sunshine, parking, brick building on tree-lined street. Special financing incentive will reduce your monthly principal and interest mortgage payment to approx. $1,141 or less (@10% down) for the first year.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Deeded, Paved
Interior Details
Full Bathrooms: 1
Interior Features: Living/Dining Rm Combo
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: Common Area, In Building
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 881
Square Footage Source: $0
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1970
Building Name: Laurel Heights Condominium
Building Area Total: 881
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Stone, Block
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $245,700
Tax Annual Amount: $3,297
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure, Snow Removal
HOA Fee: $240
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
10/21/2021
|
1 Bed
|
1 Bath
|
687 ft²
|
$439,000
1 Bed
1 Bath
687 ft²
|
$425,000
-3.19%
03/01/2022
|
CS Luxury Group
Keller Williams Realty Boston-Metro | Back Bay
| |
|
03/17/2021
|
2 Bed
|
1 Bath
|
881 ft²
|
$499,900
2 Bed
1 Bath
881 ft²
|
$540,000
+8.02%
05/11/2021
|
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
| |
|
07/03/2019
|
1 Bed
|
1 Bath
|
687 ft²
|
$425,000
1 Bed
1 Bath
687 ft²
|
$415,000
-2.35%
09/26/2019
|
Ted Richard
J. Barrett & Company
| |
|
12/06/2017
|
2 Bed
|
1 Bath
|
881 ft²
|
$424,900
2 Bed
1 Bath
881 ft²
|
$483,000
+13.67%
01/24/2018
|
Santana Team
Lembu Real Estate
| |
|
06/08/2017
|
Studio
|
1 Bath
|
345 ft²
|
$289,000
Studio
1 Bath
345 ft²
|
$295,100
+2.11%
08/07/2017
|
Alex Genovese
Flow Realty, Inc.
| |
|
05/17/2017
|
2 Bed
|
1 Bath
|
878 ft²
|
$399,900
2 Bed
1 Bath
878 ft²
|
$430,000
+7.53%
08/08/2017
|
Jim O'Donnell
Coldwell Banker Realty - Andover
| |
|
10/20/2016
|
1 Bed
|
1 Bath
|
689 ft²
|
$379,000
1 Bed
1 Bath
689 ft²
|
$397,000
+4.75%
12/20/2016
|
Deborah Cantrell
Compass
| |
|
11/19/2013
|
2 Bed
|
1 Bath
|
878 ft²
|
$347,000
2 Bed
1 Bath
878 ft²
|
$370,000
+6.63%
01/17/2014
|
Rachel Foy
Hillman Homes LLC
| |
|
05/01/2013
|
2 Bed
|
1 Bath
|
881 ft²
|
$319,900
2 Bed
1 Bath
881 ft²
|
$350,000
+9.41%
07/10/2013
|
Irene Bremis
LAER Realty Partners / iBremis Realty
| |
|
09/22/2011
|
2 Bed
|
1 Bath
|
878 ft²
|
$299,999
2 Bed
1 Bath
878 ft²
|
$290,000
-3.33%
10/28/2011
|
Josh Fetterman
City Realty Group
| |
|
05/25/2010
|
2 Bed
|
1 Bath
|
881 ft²
|
$299,000
2 Bed
1 Bath
881 ft²
|
$293,000
-2.01%
08/30/2010
|
Lucia Silveira
S and H Realty
| |
|
03/10/2010
|
2 Bed
|
1 Bath
|
878 ft²
|
$269,000
2 Bed
1 Bath
878 ft²
|
$260,000
-3.35%
09/01/2010
|
Tamela Roche
Coldwell Banker Residential Brokerage - Cambridge
| |
|
09/09/2009
|
2 Bed
|
1 Bath
|
881 ft²
|
$299,000
2 Bed
1 Bath
881 ft²
|
$296,000
-1.00%
01/29/2010
|
Adele Epstein
Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
| |
|
04/22/2009
|
1 Bed
|
1 Bath
|
345 ft²
|
$165,000
1 Bed
1 Bath
345 ft²
|
$145,000
-12.12%
09/02/2009
|
Robyn Erman
Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
| |
|
05/08/2007
|
2 Bed
|
1 Bath
|
878 ft²
|
$229,900
2 Bed
1 Bath
878 ft²
|
$229,900
07/23/2007
|
Kym Sullivan
Century 21 Advance Realty
| |
|
03/15/2006
|
2 Bed
|
1 Bath
|
881 ft²
|
$279,900
2 Bed
1 Bath
881 ft²
|
$279,900
04/25/2006
|
Wai Yi Sammi Ng
eXp Realty
| |
|
09/08/2005
|
2 Bed
|
1 Bath
|
881 ft²
|
$315,000
2 Bed
1 Bath
881 ft²
|
$312,000
-0.95%
11/30/2005
|
Ed Abrams
Coldwell Banker Realty - Milton
| |
|
08/12/2005
|
2 Bed
|
1 Bath
|
881 ft²
|
$279,900
2 Bed
1 Bath
881 ft²
|
$276,000
-1.39%
04/27/2006
|
Ed Abrams
RE/MAX Destiny
| |
|
06/16/2005
|
Studio
|
1 Bath
|
345 ft²
|
$149,900
Studio
1 Bath
345 ft²
|
$145,000
-3.27%
11/16/2005
|
Ed Abrams
RE/MAX Destiny
| |
|
06/16/2005
|
2 Bed
|
1 Bath
|
881 ft²
|
$324,900
2 Bed
1 Bath
881 ft²
|
$315,000
-3.05%
08/08/2005
|
Ed Abrams
RE/MAX Destiny
| |
|
04/01/2005
|
1 Bed
|
1 Bath
|
687 ft²
|
$240,000
1 Bed
1 Bath
687 ft²
|
$237,500
-1.04%
05/17/2005
|
Mark Levy
| |
|
04/01/2005
|
Studio
|
1 Bath
|
345 ft²
|
$159,000
Studio
1 Bath
345 ft²
|
$158,000
-0.63%
05/09/2005
|
Mark Levy
| |
|
01/06/2005
|
2 Bed
|
1 Bath
|
881 ft²
|
$309,000
2 Bed
1 Bath
881 ft²
|
$300,000
-2.91%
03/18/2005
|
Mark Levy
Riverside Properties
| |
|
12/01/2004
|
2 Bed
|
1 Bath
|
881 ft²
|
$309,000
2 Bed
1 Bath
881 ft²
|
$297,000
-3.88%
03/01/2005
|
Mark Levy
Riverside Properties
| |
|
11/18/2004
|
2 Bed
|
1 Bath
|
881 ft²
|
$274,000
2 Bed
1 Bath
881 ft²
|
$274,000
02/18/2005
|
Mark Levy
Riverside Properties
| |
|
11/03/2004
|
2 Bed
|
1 Bath
|
881 ft²
|
$274,000
2 Bed
1 Bath
881 ft²
|
$274,000
02/04/2005
|
Mark Levy
Riverside Properties
| |
|
11/03/2004
|
2 Bed
|
1 Bath
|
881 ft²
|
$299,000
2 Bed
1 Bath
881 ft²
|
$295,000
-1.34%
02/04/2005
|
Mark Levy
Riverside Properties
| |
|
09/27/2004
|
2 Bed
|
1 Bath
|
881 ft²
|
$274,000
2 Bed
1 Bath
881 ft²
|
$260,000
-5.11%
01/05/2005
|
Mark Levy
| |
|
07/23/2004
|
1 Bed
|
1 Bath
|
687 ft²
|
$229,000
1 Bed
1 Bath
687 ft²
|
$235,500
+2.84%
09/21/2004
|
Mark Levy
Riverside Properties
| |
|
06/21/2004
|
2 Bed
|
1 Bath
|
881 ft²
|
$299,000
2 Bed
1 Bath
881 ft²
|
$290,000
-3.01%
08/27/2004
|
Mark Levy
Riverside Properties
| |
|
06/21/2004
|
1 Bed
|
1 Bath
|
687 ft²
|
$229,000
1 Bed
1 Bath
687 ft²
|
$220,000
-3.93%
08/27/2004
|
Mark Levy
Riverside Properties
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017