$420,000
●
Condo -
Off Market
280 Broadway #2
Somerville, MA 02145
1 Bed
1 Bath
656 Ft²
$507,003
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model
About This Property
Perfect starter condo or solid investment opportunity awaits at
this affordable condo in Somerville's hottest neighborhood!
Stunning classic Victorian renovation with modern updates.
This home features an updated granite and stainless kitchen,
hardwood floors and gorgeous original woodwork throughout.
Other amenities include in unit laundry, 1 off street PARKING
space and a deeded storage space in basement. Great location
just minutes to Assembly Sq, Sullivan Sq and the proposed new green
line T stop at Gilman Sq. Come see it while it lasts!
Additional photos coming on Wed 6/7. First broker's
open/OPEN HOUSE on Wed 6/7 @ 5:00-6:30pm, THURSDAY
6/8 11:30-1 OPEN HOUSE CANCELLED
Unit Size
656 Ft²
Days on Market
-
Land Size
-
Price per sqft
$495
Property Type
Condo
Property Taxes
$347
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: 5 months ago (MLSPIN #72177379)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by eXp Realty | $489,000 | |
| Listed by eXp Realty | |||
| | |||
|
Quiet living in the freshly painted 1st floor 1 bedroom end unit apartment located at the rear of the building with a large versatile living/dining/study room and its own parking spot in the large backyard. In-unit laundry. Low HOA fee in a 7-unit association. Updated kitchen with granite countertops. Spacious living room with 2 sets of large corner windows, high ceilings, beautiful wood wall panels and hardwood floors. Bedroom can fit a queen size bed. Perfect for pet owners. 2 wall-mounted ACs and a bedroom tall armoire included in the sale. Ample storage in built-in cabinet and cupboard, 3 closets, and in basement. Ideally located with approx.0.5 mile to Gilman Square T Station, Somerville Community Path and Public Library. Close by Foss Park, restaurants & groceries. Proximity to I-93 allows quick access to Boston, North Shore and NH. Sullivan Square T station, Assembly Row, Magoun & Union Squares are in the neighborhood. Near #89, #101 bus stops to Davis or Sullivan Squares.
| |||
| Jul 10, 2017 | Sold | ||
| Sold | |||
| Jun 6, 2017 | Listed by Redfin Corp. | $324,900 | |
| Listed by Redfin Corp. | |||
| | |||
|
Perfect starter condo or solid investment opportunity awaits at this affordable condo in Somerville's hottest neighborhood! Stunning classic Victorian renovation with modern updates. This home features an updated granite and stainless kitchen, hardwood floors and gorgeous original woodwork throughout. Other amenities include in unit laundry, 1 off street PARKING space and a deeded storage space in basement. Great location just minutes to Assembly Sq, Sullivan Sq and the proposed new green line T stop at Gilman Sq. Come see it while it lasts! Additional photos coming on Wed 6/7. First broker's open/OPEN HOUSE on Wed 6/7 @ 5:00-6:30pm, THURSDAY 6/8 11:30-1 OPEN HOUSE CANCELLED
| |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile
Laundry Features: In Unit
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 656
Security Features: Security System
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 656
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $357,300
Tax Annual Amount: $4,169
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $161
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 |
|---|---|---|---|---|---|---|---|
|
05/07/2025
|
1 Bed
|
1 Bath
|
635 ft²
|
$514,900
1 Bed
1 Bath
635 ft²
|
$475,000
-7.75%
08/05/2025
|
Joseph Pollack
Redfin Corp.
| |
|
08/01/2024
|
1 Bed
|
1 Bath
|
656 ft²
|
$489,000
1 Bed
1 Bath
656 ft²
|
$492,000
+0.61%
09/20/2024
|
Bin Ryter
Coldwell Banker Residential Brokerage - Newton - Centre St.
| |
|
03/02/2022
|
1 Bed
|
1 Bath
|
685 ft²
|
$449,000
1 Bed
1 Bath
685 ft²
|
$540,000
+20.27%
05/06/2022
|
Frank Celeste
Gibson Sotheby's International Realty
| |
|
01/05/2021
| |
2 Bed
|
2 Bath
|
1408 ft²
|
$1,060,000
2 Bed
2 Bath
1408 ft²
|
$1,040,000
-1.89%
03/01/2021
|
Nick Reynolds
Longwood Residential, LLC
|
|
06/06/2017
|
1 Bed
|
1 Bath
|
656 ft²
|
$324,900
1 Bed
1 Bath
656 ft²
|
$420,000
+29.27%
07/10/2017
|
Nicole Yoshikane
Keller Williams Realty Boston-Metro | Back Bay
| |
|
07/06/2016
|
1 Bed
|
1 Bath
|
685 ft²
|
$289,900
1 Bed
1 Bath
685 ft²
|
$385,000
+32.80%
08/19/2016
|
Ed Greable
Keller Williams Realty Boston Northwest
| |
|
10/19/2012
|
2 Bed
|
2 Bath
|
1404 ft²
|
$344,900
2 Bed
2 Bath
1404 ft²
|
$338,000
-2.00%
12/28/2012
|
Katherine Malin
Compass
| |
|
12/06/2011
|
Loft
|
-
|
2700 ft²
|
$538,000
Loft
-
2700 ft²
|
$525,000
-2.42%
06/01/2012
|
Varujan Abalian
1 Plus 1 Realty LLC.
| |
|
07/03/2010
|
Loft
|
-
|
1250 ft²
|
$329,000
Loft
-
1250 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
07/03/2010
|
Loft
|
-
|
1200 ft²
|
$319,000
Loft
-
1200 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
05/13/2011
| |
Loft
|
2 Bath
|
-
|
$539,000
Loft
2 Bath
|
-
-
|
George Shahian
RE/MAX Leading Edge
|
|
04/28/2011
|
Loft
|
2 Bath
|
2450 ft²
|
$539,000
Loft
2 Bath
2450 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
10/09/2010
|
1 Bed
|
1 Bath
|
635 ft²
|
$199,900
1 Bed
1 Bath
635 ft²
|
$195,000
-2.45%
02/28/2011
|
Stephen Bremis
Steve Bremis Realty Group
| |
|
08/05/2010
|
1 Bed
|
1 Bath
|
656 ft²
|
$199,900
1 Bed
1 Bath
656 ft²
|
$200,000
+0.05%
08/31/2010
|
George Shahian
RE/MAX Leading Edge
| |
|
07/03/2010
|
Loft
|
-
|
2450 ft²
|
$599,000
Loft
-
2450 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
03/22/2010
|
1 Bed
|
1 Bath
|
652 ft²
|
$239,900
1 Bed
1 Bath
652 ft²
|
-
-
|
Judy McCoy
Coldwell Banker Realty - Andover
| |
|
03/22/2010
|
2 Bed
|
2 Bath
|
1664 ft²
|
$289,000
2 Bed
2 Bath
1664 ft²
|
$295,000
+2.08%
05/25/2010
|
George Shahian
RE/MAX Leading Edge
| |
|
03/22/2010
|
Loft
|
1 Bath
|
1200 ft²
|
$319,000
Loft
1 Bath
1200 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
03/22/2010
|
1 Bed
|
1 Bath
|
635 ft²
|
$249,000
1 Bed
1 Bath
635 ft²
|
$250,000
+0.40%
04/23/2010
|
George Shahian
RE/MAX Leading Edge
| |
|
03/22/2010
| |
7 Bed
|
7 Bath
|
3979 ft²
|
$1,850,000
7 Bed
7 Bath
3979 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
|
|
03/22/2010
|
1 Bed
|
1 Bath
|
690 ft²
|
$219,000
1 Bed
1 Bath
690 ft²
|
$217,000
-0.91%
07/09/2010
|
Judy McCoy
Coldwell Banker Realty - Andover
| |
|
03/22/2010
|
Loft
|
2 Bath
|
2450 ft²
|
$599,000
Loft
2 Bath
2450 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
03/22/2010
|
Loft
|
1 Bath
|
1250 ft²
|
$329,000
Loft
1 Bath
1250 ft²
|
-
-
|
George Shahian
RE/MAX Leading Edge
| |
|
03/22/2010
| |
1 Bed
|
1 Bath
|
656 ft²
|
$199,900
1 Bed
1 Bath
656 ft²
|
-
-
|
Judy McCoy
Coldwell Banker Realty - Andover
|
|
03/22/2010
|
1 Bed
|
1 Bath
|
685 ft²
|
$229,000
1 Bed
1 Bath
685 ft²
|
$229,000
09/03/2010
|
Judy McCoy
Coldwell Banker Residential Brokerage - Winchester
| |
|
04/06/1999
| |
Loft
|
6 Bath
|
6008 ft²
|
$499,000
Loft
6 Bath
6008 ft²
|
$475,000
-4.81%
01/30/2000
|
Brandon Westerling
Synergy Capital Group
|
Building Info
About Winter Hill
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