$329,000
●
Commercial -
Off Market
280R Broadway (Rear) #8
Somerville, MA 02145
Studio
0 Bath
1,250 Ft²
$1,616
Est. Monthly
About This Property
VERY RARE OPPORTUNITY!!!.....DO NOT MISS THIS!!!....COMPLETELY
RENOVATED CARRIAGE HOUSE has been transformed into TWO SEPARATE
COMMERCIAL UNITS with new walls, windows, siding, roof, electrical,
and concrete floors,. Each space has its own OVERSIZED GARAGE
and OFFICE SPACE with bathroom on the second floor. There is an
abundance of parking options including NINE OUTDOOR SPACES as well
as plenty of additional storage in the basement. MOVE YOUR BUSINESS
TO SOMERVILLE!!...Just minutes to BOSTON!!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$263
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 13 months ago (MLSPIN #71104487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2011 | Listed by Grant B. Cole, REALTORS®, Inc | $289,000 | |
| Listed by Grant B. Cole, REALTORS®, Inc | |||
 | |||
|
Very rare Commercial condos with oversized garages and offices above with kitchenettes and full baths. Completely renovated units with 200 amp service , Central air /heat , hot/cold water in garage and lots more. There is plenty of assigned parking spaces for each condo as well as a full basement for additional storage. An adjacent unit is also available for sale see MLS# 71253897 Call to schedule a showing of this unique property.
| |||
| Mar 12, 2011 | Listed by Century 21 Commonwealth | $299,500 | |
| Listed by Century 21 Commonwealth | |||
 | |||
|
VERY RARE OPPORTUNITY!!!....COMPLETELY RENOVATED CARRIAGE HOUSE has been transformed into TWO SEPARATE COMMERCIAL UNITS with new walls, windows, siding, roof, electrical, and concrete floors,. Each space has its own OVERSIZED GARAGE and OFFICE SPACE with FULL BATH and KITCHEN on the second floor. There is an abundance of parking options including NINE OUTDOOR SPACES as well as plenty of additional storage in the basement. MOVE YOUR BUSINESS TO SOMERVILLE!!...Just minutes to BOSTON!!
| |||
| Oct 21, 2010 | Listed by Bremis, James J. Inc. | $329,900 | |
| Listed by Bremis, James J. Inc. | |||
| | |||
|
Commercial Carriage House Condo ...OWNER FINANCING AVAILABLE W/ 20% DOWN, 5% RATE, INTEREST ONLY 5 YR NOTE, NO POINTS...approved for retail, office, or warehouse w/ direct signage on Broadway. Non tndm 5 car+ prkng w/ addtnl pull in garage or warehouse with elctrc garage dr opnr & addtnl full bsmnt storage. Upstrs lvl was gutted w/ brand new w/ kitchenette & full bath. First flr w/ pull in garage. LESS THAN 5 MIN RIDE TO DOWNTOWN BOSTON .... fantastic accessibility to highways & transportati
| |||
| Jul 3, 2010 | Listed by Century 21 Commonwealth | $329,000 | |
| Listed by Century 21 Commonwealth | |||
Property Highlights
Exterior Details
Square Footage: 1250
Year Built: 2009
Building Area Total: 1250
Building Area Units: Square Feet
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
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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