23 Appleton St. #3
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%.
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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 |
|---|---|---|---|
| Aug 1, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2018 | Listed by Compass | $530,000 | |
| Listed by Compass | |||
| | |||
|
After a long day, come home to your splendid treetop haven in Davis Square. Sit outside on your private deck and catch your breath, or turn right around and go out on the town; from this location, Somerville, Cambridge, Boston – you name it – they are at your disposal. Within the mansard of an old Somerville house, 23 Appleton Street #3 has everything you need: a big private bedroom, a swing space for your office or yoga practice, an open plan living room and kitchen for entertaining, a full bathroom, and a space to park your car. The current owners can’t decide whether it is the deck, the parking or the location that they will miss the most. What they can tell you is that they have loved living here and hope you will as well.
| |||
| Sep 22, 2014 | Sold | ||
| Sold | |||
| Jul 23, 2014 | Listed by Andrew J. Lynn | $399,000 | |
| Listed by Andrew J. Lynn | |||
| | |||
|
Amazing Davis Square location! Bright, spacious one-bedroom. Private back deck with trees for privacy and beautiful sunset views, open kitchen - living room plan, bonus space for a desk or other uses, parking and dedicated basement space with laundry. Broad-board wood floors and appliances by Bosch, GE Profile and Premiere Pro Series. A short (0.4 mile) walk to the Red Line, shopping and restaurants. Only 0.4 miles to Ball Square and 0.6 miles to Porter Square. Showings begin Wednesday, July 30. Open houses Thursday evening, July 31 and Sunday, August 3.
| |||
| Nov 28, 2007 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2020
|
2 Bed
|
1 Bath
|
1035 ft²
|
$739,000
2 Bed
1 Bath
1035 ft²
|
$790,000
+6.90%
03/27/2020
|
Merrill Berkery
Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
| |
|
06/13/2018
|
1 Bed
|
1 Bath
|
760 ft²
|
$530,000
1 Bed
1 Bath
760 ft²
|
$530,000
08/01/2018
|
Lisa May
Hammond Real Estate
| |
|
07/23/2014
|
1 Bed
|
1 Bath
|
760 ft²
|
$399,000
1 Bed
1 Bath
760 ft²
|
$414,000
+3.76%
09/22/2014
|
Andrew Lynn
Something Local Realty
| |
|
07/09/2007
|
1 Bed
|
1 Bath
|
760 ft²
|
$319,000
1 Bed
1 Bath
760 ft²
|
$306,650
-3.87%
11/28/2007
|
Patricia Reilly
RE/MAX Destiny
| |
|
06/07/2007
|
2 Bed
|
1 Bath
|
1100 ft²
|
$419,000
2 Bed
1 Bath
1100 ft²
|
$404,500
-3.46%
08/31/2007
|
Robert Corwin
Century 21 North East
| |
|
11/25/2002
|
2 Bed
|
1 Bath
|
1100 ft²
|
$419,000
2 Bed
1 Bath
1100 ft²
|
$395,000
-5.73%
01/25/2003
|
Tony Madan
Boston Investments
| |
|
09/18/2002
|
1 Bed
|
1 Bath
|
715 ft²
|
$289,000
1 Bed
1 Bath
715 ft²
|
$280,000
-3.11%
11/25/2002
|
Tony Madan
Boston Investments
| |
|
08/04/2002
|
2 Bed
|
1 Bath
|
1100 ft²
|
$419,000
2 Bed
1 Bath
1100 ft²
|
$395,000
-5.73%
11/15/2002
|
Tony Madan
Boston Investments
| |
|
04/19/1999
| |
5 Bed
|
-
|
2651 ft²
|
$259,900
5 Bed
-
2651 ft²
|
$300,000
+15.43%
07/07/1999
|
Lynne Thompson
Gibson Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017