$903,000
●
Condo -
Off Market
24 Jackson Rd #2
Somerville, MA 02145
3 Beds
2 Baths
1,620 Ft²
$5,146
Est. Monthly
$161
HOA / Fees
3.59%
Cap Rate
About This Property
This gorgeously renovated (2016) condo offers the perfect blend of
space and functionality! The open floor plan on the first floor
creates a welcoming atmosphere. Prepare culinary delights in the
stunning kitchen boasting tall, ornate cabinets, while guests relax
in the inviting living spaces. Discover two generous bedrooms, a
bonus/office space, and a full bath on the main living level,
and upstairs you will find a spacious primary suite with its
own en-suite bathroom. The large private exclusive use
semi-finished basement space offers options for a hobby room, gym,
workspace, or additional storage. Step outside and enjoy the fresh
air on your private front deck or relax on the back deck – perfect
for grilling or entertaining. Rounding out the package are central
air conditioning and two off-street driveway parking spots! Plus,
enjoy the convenience of living close to the Green Line, the Public
Library, and the vibrant stores, restaurants, and bars of
Somerville!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
-
Price per sqft
$540
Property Type
Condo
Property Taxes
$689
HOA Dues
$161
Year Built
-
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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: 3 years ago (MLSPIN #73239192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Redfin Corp. | $875,000 | |
| Listed by Redfin Corp. | |||
| Sep 16, 2016 | Sold | ||
| Sold | |||
| Jun 17, 2016 | Listed by The Dory Group | $629,000 | |
| Listed by The Dory Group | |||
| | |||
|
***SPECTACULAR AND WONDERFUL OPEN FLOOR PLAN ***GORGEOUS NEWLY RENOVATED *** New baths*** New Kitchen*** New SS Samsung Appliances ***New roof****Buyer who's seeking a home with beautiful updated granite countertop and stainless steel kitchen appliances with marble backsplash and breakfast bar. Master bedroom with en suite bathroom. Gleaming hardwood floor thru out the house, additional storage in the basement and a separate space for home office.This up and coming neighborhood is in close proximity to great restaurants, shopping and parks. 5 min walk from the new upcoming MBTA Green Line Gilman Square and access to I-93, this property is a commuter’s dream. Compelling value for a home that is in exceptional “move-in” condition.
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Features: Closet, Flooring - Hardwood
Features: Closet, Flooring - Hardwood
Level: First
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Features: Bathroom - Full, Skylight, Walk-In Closet(s), Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood, Recessed Lighting
Level: First
Features: Flooring - Hardwood, French Doors
Full Bathrooms: 2
Interior Features: Office
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood, Instant Hot Water, Oven
Flooring Type: Flooring - Hardwood
Laundry Features: In Unit
Rooms: 7
Basement: Y
Parking Details
Parking Features: Off Street, Tandem
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:71 B:E L:3 U:2, 4997651
Water Source: Public
Financial Details
Tax Assessed Value: $785,500
Tax Annual Amount: $8,263
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $161
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
07/09/2025
|
2 Bed
|
2 Bath
|
1497 ft²
|
$799,000
2 Bed
2 Bath
1497 ft²
|
$785,000
-1.75%
09/10/2025
|
Harshini Joshi
Keller Williams Realty Boston Northwest
| |
|
05/16/2024
|
3 Bed
|
2 Bath
|
1620 ft²
|
$875,000
3 Bed
2 Bath
1620 ft²
|
$903,000
+3.20%
06/20/2024
|
Amy Weitzman
Commonwealth Standard Realty Advisors
| |
|
11/18/2021
|
2 Bed
|
2 Bath
|
1408 ft²
|
$675,000
2 Bed
2 Bath
1408 ft²
|
$699,000
+3.56%
01/25/2022
|
Ryan Fournier
Redfin Corp.
| |
|
09/08/2016
|
2 Bed
|
2 Bath
|
975 ft²
|
$545,000
2 Bed
2 Bath
975 ft²
|
$530,000
-2.75%
01/30/2017
|
The Shawn Sullivan Team
RE/MAX Andrew Realty Services
| |
|
06/17/2016
|
3 Bed
|
2 Bath
|
1620 ft²
|
$629,000
3 Bed
2 Bath
1620 ft²
|
$620,000
-1.43%
09/16/2016
|
Tenzing Rapgyal
Trinity Real Estate
| |
|
12/04/2007
| |
5 Bed
|
2 Bath
|
2186 ft²
|
$389,000
5 Bed
2 Bath
2186 ft²
|
$389,000
04/05/2008
|
Team Rocco and Lorrie
RE/MAX Leading Edge
|
|
07/21/2005
| |
5 Bed
|
2 Bath
|
2186 ft²
|
$539,000
5 Bed
2 Bath
2186 ft²
|
$500,000
-7.24%
09/08/2005
|
Robert Ingemi
Thurston R.E.
|
Building Info
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