$226,000
●
Condo -
Off Market
4 Lee St #2
Somerville, MA 02145
1 Bed
1 Bath
705 Ft²
$487,275
RealtyHop Estimate
107.35%
Since Jun 1, 2012
MA-Boston
Primary Model
About This Property
Fantastic one bedroom condo on the second floor of a six unit 100%
owner-occupied building. Renovated in 2006 with stainless
steel appliances, oak cabinets, granite counter tops, hardwood
floors and tile throughout. New roof and exterior rear stairs.
Common laundry and private storage in basement. Great location,
near Magoun square. A commuter's dream!
Unit Size
705 Ft²
Days on Market
-
Land Size
-
Price per sqft
$333
Property Type
Condo
Property Taxes
$238
HOA Dues
$165
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: 4 months ago (MLSPIN #71342304)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed | $487,000 | |
| Listed | |||
   | |||
|
Spacious, renovated, 1 bdrm Condo w/wd floors, hi ceilings & lots of windows. Natural light pours in though a bay window to a dining area & large living rm. A cook’s kitchen features wood cabinets, SS appliances & granite countertops. An oversized bdrm has a bonus nook that can be used as an office, walk in closet or nursery. Perfect home for those who love convenience and accessibility with a 92 Walk Score, steps from Bike path, & multiple public transportation options. Nestled in an off-the-beaten path neighborhood/street in Winter Hill, the Gilman Sq Green Line is just a six-minute stroll away, & Union & Porter Sq are within walking distance too. Davis Sq is a 30 min walk down the bike path! You’ll find everything you need within reach: great restaurants, playgrounds, library, Armory Arts Ctr. & more. Enjoy your morning coffee on the small deck, savoring a few moments of peace before your day starts. Ample street pkg. Coin-Op washer-dryer & lockable private storage rm in basement.
| |||
| May 29, 2015 | Sold | ||
| Sold | |||
| Apr 8, 2015 | Listed by RE/MAX Destiny | $299,000 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Fantastic one-bedroom condo on the second floor of this multi-unit association. Renovated in 2006 this pristine unit has been beautifully maintained and is ready for the new owner to move in. Featuring a spacious kitchen with granite countertops, stainless appliances and oak cabinets. Gleaming hardwood floors, large bedroom with study alcove, combined living/dining room, deck area for outdoor dining, common laundry, extra storage. Great location located near the new commuter rail stop now under construction!
| |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: On Street
Interior Details
Full Bathrooms: 1
Flooring Type: Wood, Tile
Laundry Features: In Basement
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 705
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 705
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $224,300
Tax Annual Amount: $2,851
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA Fee: $165
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 |
|---|---|---|---|---|---|---|---|
|
03/13/2025
|
1 Bed
|
1 Bath
|
705 ft²
|
$487,000
1 Bed
1 Bath
705 ft²
|
$500,000
+2.67%
05/15/2025
|
Lisa Johnson
RE/MAX Destiny
| |
|
07/07/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$420,000
1 Bed
1 Bath
700 ft²
|
$410,000
-2.38%
08/19/2021
|
Reilly and Foley Team
RE/MAX Destiny
| |
|
08/05/2020
|
1 Bed
|
1 Bath
|
695 ft²
|
$449,000
1 Bed
1 Bath
695 ft²
|
$415,000
-7.57%
10/23/2020
|
Travis Speck
Redfin Corp.
| |
|
04/08/2015
|
1 Bed
|
1 Bath
|
705 ft²
|
$299,000
1 Bed
1 Bath
705 ft²
|
$335,000
+12.04%
05/29/2015
|
Lisa Johnson
RE/MAX Destiny
| |
|
01/22/2014
|
1 Bed
|
1 Bath
|
695 ft²
|
$279,000
1 Bed
1 Bath
695 ft²
|
$295,000
+5.73%
03/03/2014
|
Crystal Roach
Compass
| |
|
02/23/2012
|
1 Bed
|
1 Bath
|
705 ft²
|
$235,000
1 Bed
1 Bath
705 ft²
|
$226,000
-3.83%
05/08/2012
|
Ellie Botshon
Compass
| |
|
04/07/2006
|
1 Bed
|
1 Bath
|
700 ft²
|
$234,500
1 Bed
1 Bath
700 ft²
|
$227,000
-3.20%
10/13/2006
|
Paul Bator
| |
|
03/18/2006
|
1 Bed
|
1 Bath
|
697 ft²
|
$245,000
1 Bed
1 Bath
697 ft²
|
$239,500
-2.24%
05/04/2006
|
Paul Bator
Paul Bator
| |
|
12/23/2005
|
1 Bed
|
1 Bath
|
695 ft²
|
$249,900
1 Bed
1 Bath
695 ft²
|
$246,500
-1.36%
02/28/2006
|
Paul Bator
Paul Bator
|
Building Info
About Winter Hill
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