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Somerville 02144 Powder House
29 Highland Rd
$1,625,000
● House - Off Market

29 Highland Rd

Somerville, MA 02144
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,125 Ft²
$2,915,286
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Rare, Grand single family on tree lined Highland Road. Walk to Davis, Ball and Porter Square, bike path and park. Total gut renovation redesigned for today's lifestyle with custom woodwork and quality finishes, including Hardie Plank siding with Azek Trim. First floor open space includes fireplaced living area, professional appliance kitchen with quartz counter tops, island and peninsula. Escape to your master suite that encompasses the third floor, with luxurious marble bath, walk in closet, skylights, and vaulted ceiling. A second master suite accompanies two more bedrooms on the second floor. 4 bedrooms total, 4 1/2 baths, second floor laundry. Finished basement with mini-bar sink and beverage cooler. Large private fenced back yard and newly paved driveway complete this great offering.
Unit Size
3,125 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$560
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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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: 4 months ago (MLSPIN #72025206)

Price History

Date / Event Date Event Price
Aug 26, 2016 Sold
Premium
Sold
Jun 17, 2016 Listed by Stuart St James, Inc. $1,749,900
Listed by Stuart St James, Inc.
Jan 8, 2016 Sold
Premium
Sold
Nov 11, 2015 Listed by Stuart St James, Inc. $849,900
Listed by Stuart St James, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,400
  • Total Building Area: 2,590
  • Gross Building Area: 3,943
  • Building Area: 2,590
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,590
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350400

Zoning

  • Zoning: RA

Geography

  • Account Number: 13482055
  • District: 274
  • Parcel: SOME M:28 B:D L:22
  • Block: D
  • Lot: 22
  • Municipality: SOMERVILLE
  • Latitude: 42.3956
  • Longitude: -71.1129

    Address

  • Full Address: 29 Highland Rd
  • Address - House Number: 29
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerville
  • Carrier Code: C049
  • 4-Digit Zip Code: 2310
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,233,100

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 2,306,061
  • High Value: 2,719,102
  • Low Value: 1,893,020

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,122,700
  • Assessed Land Value: $690,900
  • Assessed Improvements Value: $1,431,800

    Sales

  • Current Sale Recording Date: Aug 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148902
  • Previous Sale Recording Date: Jan 08, 2016
  • Previous Sale Amount: $920,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Powder House

Stats & Trends

Median Asking:

$1,175,000

Sale Price/ft²

$718

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1720 ft²

Average Home Age

71 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,665 /mo

  • 2 Beds
  • 1 Bath
  • 963 ft²
205 Walden St #The Chilton 2P, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72025206

Frequently Asked Questions

When was property at 29 Highland Road built and last sold?
The property at 29 Highland Road was built in 1915 and last sold on Jan 1, 1970 for $1,625,000.
How much is this home worth?
The estimated value of the home located at 29 Highland Road is $1,776,740.
What are some comparable homes to 29 Highland Road?
There are currently no comparable homes to 29 Highland Road.
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