1
Map
$635,000
●
Condo -
Off Market
4 Tannery Brook Row #13
Somerville, MA 02144
2 Beds
1 Bath
1,350 Ft²
$3,651
Est. Monthly
$220
HOA / Fees
4.43%
Cap Rate
About This Property
Sun filled two bedroom corner loft in the heart of Davis Square;
directly on the Minute Man bike path. This open concept two bedroom
loft has beautiful rough sawn ash flooring, huge stainless kitchen,
spacious laundry room in unit, over-sized bathroom and exposed duct
work throughout the ceiling. Zip cars on site!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$470
Property Type
Condo
Property Taxes
$312
HOA Dues
$220
Year Built
-
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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: 5 months ago (MLSPIN #71204533)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2012 | Sold | ||
| Sold | |||
| Mar 11, 2012 | Listed by Compass | $650,000 | |
| Listed by Compass | |||
| | |||
|
Sun filled two bedroom corner loft in the heart of Davis Square; directly on the Minute Man bike path. This open concept two bedroom loft has beautiful rough sawn ash flooring, huge stainless kitchen, spacious laundry room in unit, over-sized bathroom and exposed duct work throughout the ceiling. Zip cars on site!
| |||
| Mar 23, 2011 | Listed by Estate Residential Group LLC. | $635,000 | |
| Listed by Estate Residential Group LLC. | |||
| Jun 26, 2010 | Listed by Luxury Residential Group, LLC | $650,000 | |
| Listed by Luxury Residential Group, LLC | |||
| | |||
|
Sun filled two bedroom corner loft in the heart of Davis Square; directly on the Minute Man bike path. This open concept two bedroom loft has beautiful rough sawn ash flooring, huge stainless kitchen, spacious laundry room in unit, over-sized bathroom and exposed duct work throughout the ceiling. Zip cars on site!
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Concrete, Hardwood
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1350
Year Built Source: Builder
Year Built: 2002
Building Name: 3-4 Tannery Brook Row Leasehold Condo.
Building Area Total: 1350
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $9,999
Tax Annual Amount: $3,748
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $220
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 |
|---|---|---|---|---|---|---|---|
|
05/13/2021
|
1 Bed
|
1 Bath
|
1175 ft²
|
$1,025,000
1 Bed
1 Bath
1175 ft²
|
$970,000
-5.37%
07/14/2021
|
Jean Tepaske
Davis Design / Development
| |
|
10/21/2020
|
1 Bed
|
1 Bath
|
1175 ft²
|
$949,500
1 Bed
1 Bath
1175 ft²
|
$942,500
-0.74%
03/04/2021
|
Boston Real Estate Group
Maven Realty
| |
|
09/20/2018
|
1 Bed
|
1 Bath
|
1175 ft²
|
$875,000
1 Bed
1 Bath
1175 ft²
|
$877,500
+0.29%
10/30/2018
|
Susan Derosas
Coldwell Banker Realty - Back Bay
| |
|
05/10/2017
|
1 Bed
|
1 Bath
|
1175 ft²
|
$785,000
1 Bed
1 Bath
1175 ft²
|
$831,000
+5.86%
06/27/2017
|
Susan Derosas
Coldwell Banker Realty - Back Bay
| |
|
03/11/2012
|
2 Bed
|
1 Bath
|
1350 ft²
|
$650,000
2 Bed
1 Bath
1350 ft²
|
$645,000
-0.77%
04/23/2012
|
Oriana Van Daele
Compass
| |
|
02/17/2012
|
1 Bed
|
1 Bath
|
1175 ft²
|
$549,000
1 Bed
1 Bath
1175 ft²
|
$549,000
06/29/2012
|
Steven Azar
Horizon Capital Realty
| |
|
09/29/2011
|
1 Bed
|
1 Bath
|
1175 ft²
|
$539,000
1 Bed
1 Bath
1175 ft²
|
$522,000
-3.15%
04/09/2012
|
Barbara Currier
Coldwell Banker Realty - Cambridge
| |
|
03/24/2011
|
1 Bed
|
1 Bath
|
1175 ft²
|
$545,000
1 Bed
1 Bath
1175 ft²
|
-
-
|
Ashley Rose
Compass
| |
|
03/23/2011
|
2 Bed
|
1 Bath
|
1350 ft²
|
$635,000
2 Bed
1 Bath
1350 ft²
|
-
-
|
Ashley Rose
Compass
| |
|
06/26/2010
|
2 Bed
|
1 Bath
|
1350 ft²
|
$650,000
2 Bed
1 Bath
1350 ft²
|
-
-
|
Ashley Rose
Compass
| |
|
04/21/2010
|
1 Bed
|
1 Bath
|
1370 ft²
|
$595,000
1 Bed
1 Bath
1370 ft²
|
$595,000
09/28/2010
|
Christopher Sanders
Leading Edge Real Estate
| |
|
06/27/2006
|
1 Bed
|
1 Bath
|
1175 ft²
|
$556,000
1 Bed
1 Bath
1175 ft²
|
$532,000
-4.32%
08/16/2006
|
Jean Tepaske
Davis Design / Development
| |
|
01/26/2004
|
1 Bed
|
1 Bath
|
1200 ft²
|
$500,000
1 Bed
1 Bath
1200 ft²
|
$2,500
-99.50%
06/01/2004
|
Jean Tepaske
Davis Design / Development
|
Building Info
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