23
Map
$1,350,000
●
Condo -
Off Market
29 Appleton St. #1
Somerville, MA 02144
3 Beds
3 Baths,
1
Half Bath
$7,580
Est. Monthly
$207
HOA / Fees
2.35%
Cap Rate
About This Property
Spectacular New Construction! This 3-bedroom 2.5-bathroom home with
parking & private patio is in the heart of DAVIS SQUARE! This
stunning 2 level home offers classic detail & finish carpentry.
Sunlit open concept living area on first level with beautiful
chef's kitchen outfitted with JennAir appliances, stunning custom
cabinetry, and quartz countertops. Hardwood throughout, fireplace
in large living room and spacious primary bedroom with beautifully
tiled bathroom and walk in closets. Powder room for your
guests and step out to private patio! Super bright & spacious lower
level with 2 large bedrooms w/ custom closets, large storage
closet, and a huge full bath with tiled shower and laundry area
with extra storage cabinetry and a folding countertop. Wiring in
place for electric car charger. Property is situated in the heart
of Somerville's most vibrant neighborhood, close Red Line,
countless Restaurants, Cafe's, and shopping! Walkability & Bike
score 92 & 94.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$745
HOA Dues
$207
Year Built
1920
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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.
You can learn more about cap rate here .
Last updated: 2 years ago (MLSPIN #73144629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by RE/MAX Encore | $1,299,900 | |
| Listed by RE/MAX Encore | |||
   | |||
|
DAVIS SQUARE, NEW CONSTRUCTION, OFF-STREET PARKING, PRIVATE PATIO,
THIS UNIT HAS IT ALL! Check out this beautiful 3-bedroom
2.5-bathroom home with stunning classic detail & finish carpentry.
Sunlit open concept living with beautiful chef's kitchen outfitted
with JennAir appliances, custom cabinetry, and quartz countertops,
large living room with gas fireplace, dining area and a spacious
primary bedroom with gorgeous tiled bathroom and 2 walk in closets.
Powder room for your guests and…
| |||
| Dec 14, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 2, 2023 | Price Decreased |
$1,350,000
↓ $49K
(3.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Interior Details
Level: First
Level: First
Level: Basement
Level: First
Level: Basement
Level: First
Level: First
Level: Basement
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Hardwood
Laundry Features: In Basement, In Unit, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Tandem, Driveway, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio - Enclosed
Lead Paint: None
Lot Size Units: Acres
Zoning: RA
Parcel Number: 750300
Water Source: Public
Financial Details
Tax Assessed Value: $864,000
Tax Annual Amount: $8,934
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $207
Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
29 Appleton St. #1, Somerville, MA, 02144
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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
Condo
3
Beds
3
Baths
1,910 ft²
$665/ft²
$1,270,000
Jan 11, 2024
$1,270,000
Feb 16, 2024
$1,040/mo
Sold
Condo
3
Beds
2
Baths
2,314 ft²
$605/ft²
$1,399,000
Aug 17, 2023
$1,399,000
Sep 15, 2023
$1,413/mo
Sold
Condo
3
Beds
4
Baths
2,183 ft²
$637/ft²
$1,390,000
Feb 20, 2019
$1,390,000
May 1, 2019
$732/mo
Condo
3
Beds
3
Baths
2,213 ft²
$723/ft²
$1,600,000
Jun 5, 2022
$1,600,000
Jul 22, 2022
$1,420/mo
Condo
3
Beds
3
Baths
2,703 ft²
$556/ft²
$1,502,500
Mar 1, 2017
$1,502,500
Apr 24, 2017
$1,069/mo
Condo
3
Beds
3
Baths
2,265 ft²
$491/ft²
$1,112,500
Jun 27, 2015
$1,112,500
Sep 29, 2015
$565/mo
Active
Condo
3
Beds
3
Baths
1,569 ft²
$924/ft²
$1,450,000
Oct 24, 2024
-
$818/mo
In Contract
Condo
3
Beds
3
Baths
1,611 ft²
$866/ft²
$1,395,000
Jun 26, 2019
-
$1,366/mo
In Contract
Condo
3
Beds
2
Baths
1,354 ft²
$886/ft²
$1,199,000
Sep 5, 2024
-
$1,751/mo
Active
Condo
3
Beds
3
Baths
1,989 ft²
$588/ft²
$1,170,000
Jul 16, 2024
-
$1,252/mo
In Contract
Condo
3
Beds
4
Baths
1,915 ft²
$593/ft²
$1,135,000
Aug 21, 2024
-
$150/mo
In Contract
Condo
3
Beds
3
Baths
1,966 ft²
$712/ft²
$1,399,999
Oct 9, 2024
-
$1,260/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/04/2023
|
3 Bed
|
3 Bath
|
-
|
$1,499,900
3 Bed
3 Bath
|
-
-
|
-
|
Tina Endicott Realty Group
RE/MAX Encore
| |
|
08/04/2023
|
4 Bed
|
4 Bath
|
2060 ft²
|
$1,779,000
4 Bed
4 Bath
2060 ft²
|
$1,780,000
+0.06%
10/06/2023
|
-
|
Benjamin Snow
Coldwell Banker Realty - Back Bay
| |
|
03/11/2021
| |
3 Bed
|
2 Bath
|
1963 ft²
|
$1,085,000
3 Bed
2 Bath
1963 ft²
|
$1,085,000
05/25/2021
|
-
|
Gregory McCarthy
Riverfront REALTORS®
|
Building Info
