2620 Somerville Loop #2004
About This Property
This charming 2nd-floor condo offers over 1800sq ft of living space making it the largest condo floor plan in Somerville with 2 bedrooms, plus a den that features a closet and could easily be used as a third bedroom. The unit has a new AC unit (air handler, condenser and lines) and has been freshly painted and boasts new flooring creating a bright and modern feel. You'll love the attached garage and the convenient inside laundry room. The den offers additional flexibility, perfect for a home office or guest room. The condo is located in a vibrant gated community with a wide range of amenities designed for relaxation and recreation. The Community Features: a Lagoon Pool with Lap Lanes & a slide, Fitness Center, Basketball Courts, Volleyball Court, Horseshoe Pits, Two Dog Parks, Community Center
In addition, this condo has access to its own private pool and spa, reserved exclusively for condo owners, ensuring a peaceful and serene environment.
Don't miss out on this wonderful opportunity to live in a resort-style community with all the amenities you could need!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$264,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Mar 2, 2026 | Price Decreased |
$269,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Feb 13, 2026 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/27/2024
|
3 Bed
|
2 Bath
|
1725 ft²
|
$335,000
3 Bed
2 Bath
1725 ft²
|
$264,900
-20.93%
04/23/2026
|
Alisa Dudenhoeffer
CAPE PREMIER REALTY
| |
|
04/26/2024
|
2 Bed
|
2 Bath
|
1373 ft²
|
$364,800
2 Bed
2 Bath
1373 ft²
|
-
-
|
Elizabeth Craine
RE/MAX Realty Team
| |
|
10/26/2023
|
3 Bed
|
2 Bath
|
1725 ft²
|
$347,400
3 Bed
2 Bath
1725 ft²
|
-
-
|
Janice DeAngelo
Real Estate by Barbour LLC
| |
|
05/14/2022
|
2 Bed
|
2 Bath
|
1373 ft²
|
$335,000
2 Bed
2 Bath
1373 ft²
|
-
-
|
Jackie Fenske
Pinnacle Property Group
| |
|
10/05/2021
|
2 Bed
|
2 Bath
|
1373 ft²
|
$275,000
2 Bed
2 Bath
1373 ft²
|
-
-
|
Terry Grable
Schooner Bay Realty, Inc.
| |
|
03/17/2020
|
3 Bed
|
2 Bath
|
1373 ft²
|
$198,000
3 Bed
2 Bath
1373 ft²
|
$197,000
-0.51%
05/15/2020
|
Michelle Forneris
| |
|
02/11/2019
|
3 Bed
|
2 Bath
|
1373 ft²
|
$199,000
3 Bed
2 Bath
1373 ft²
|
$170,000
-14.57%
07/09/2019
|
Denny Grimes
| |
|
06/08/2018
|
2 Bed
|
2 Bath
|
1725 ft²
|
-
2 Bed
2 Bath
1725 ft²
|
-
-
|
-
|
Building Info
About Trafalgar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017