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Floor Plans
Map
$560,000
↓ $18K (3.1%)
●
Condo -
For Sale
432 Norfolk Street #3F
Somerville, MA 02143
1 Bed
1 Bath
620 Sqft
$3,410
Est. Monthly
$433
HOA / Fees
4.86%
Cap Rate
About This Property
Enjoy city living at Union Place, ideally located near both Inman
and Union Square. This sparkling third-floor one-bedroom condo
offers a bright, open floor plan with 8'6" ceilings, creating a
spacious and inviting feel. The large kitchen is equipped with
stainless steel appliances and abundant cabinet space. The
well-sized bedroom features a generous walk-in closet. This
pet-friendly building also offers convenient amenities, including a
bike storage room and laundry facilities just down the hall. With a
Walk Score® of 96, it's a "Walker's Paradise." For added
convenience, garage parking is available just across the street on
Webster Avenue. A perfect blend of comfort, style, and location
awaits you!
Unit Size
620Ft²
Days on Market
23 days
Land Size
-
Price per sqft
$903
Property Type
Condo
Property Taxes
$227
HOA Dues
$433
Year Built
-
Listed By
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Cap Rate Calculator
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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: 6 days ago (MLSPIN #73292706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2024 | Price Decreased |
$560,000
↓ $18K
(3.1%)
|
|
| Price Decreased | |||
| Sep 19, 2024 | Listed by Compass | $578,000 | |
| Listed by Compass | |||
| Jun 23, 2008 | Sold | $290,000 | |
| Sold | |||
| Apr 3, 2008 | Listed by Coldwell Banker Realty - Winchester | $298,000 | |
| Listed by Coldwell Banker Realty - Winchester | |||
|
|||
|
Wonderfully sunny one bedroom condo at Union Place! Located between
Inman and Union Squares, this David Aposhian project features
custom millwork and doors, honed granite kitchen counters,
stainless steel appliances, hardwood floors, and a walk-in closet.
Enjoy garage parking, a bike storage room, and a secure mail and
parcel delivery room. On the exterior of this beautifully designed
building you'll find landscaped grounds, common barbecue areas, and
short term parking spaces for…
|
|||
| Jan 6, 2006 | Sold | $289,000 | |
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Interior Details
Level: Third
Features: Bathroom - Full
Level: Third
Level: Third
Level: Third
Level: Third
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features: Third Floor, In Building
Rooms: 3
Basement: N
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: None
Lot Size Units: Acres
Zoning: res.
Parcel Number: 4608093
Water Source: Public
Financial Details
Tax Assessed Value: $496,800
Tax Annual Amount: $2,728
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $433
Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
432 Norfolk Street #3F, Somerville, MA, 02143
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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
1
Bed
1
Bath
606 ft²
$949/ft²
$575,000
Mar 2, 2022
$575,000
Apr 15, 2022
$830/mo
Condo
1
Bed
1
Bath
606 ft²
$875/ft²
$530,000
Feb 26, 2021
$530,000
Jul 6, 2021
$753/mo
Condo
1
Bed
1
Bath
686 ft²
$854/ft²
$586,000
Feb 26, 2020
$586,000
Apr 24, 2020
$851/mo
Condo
1
Bed
1
Bath
605 ft²
$893/ft²
$540,000
Sep 8, 2021
$540,000
Oct 29, 2021
$472/mo
Condo
2
Beds
2
Baths
955 ft²
$694/ft²
$663,000
Sep 14, 2017
$663,000
Nov 9, 2017
$1,067/mo
Condo
2
Beds
2
Baths
1,332 ft²
$503/ft²
$670,000
Nov 10, 2016
$670,000
Mar 31, 2017
$1,141/mo
In Contract
Condo
1
Bed
1
Bath
564 ft²
$887/ft²
$500,000
Mar 14, 2024
-
$867/mo
In Contract
Condo
2
Beds
1
Bath
655 ft²
$912/ft²
$597,500
Jul 17, 2024
-
$610/mo
In Contract
Condo
1
Bed
1
Bath
370 ft²
$1,338/ft²
$495,000
Aug 11, 2024
-
$466/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/23/2022
|
2 Bed
|
2 Bath
|
1332 ft²
|
$900,000
2 Bed
2 Bath
1332 ft²
|
$912,000
+1.33%
11/30/2022
|
Leslie Ingram
Steve Bremis Realty Group
|
||
|
06/14/2022
|
2 Bed
|
2 Bath
|
1326 ft²
|
$878,500
2 Bed
2 Bath
1326 ft²
|
$870,000
-0.97%
08/16/2022
|
g2Realty Team
Compass
|
||
|
03/02/2022
|
1 Bed
|
1 Bath
|
606 ft²
|
$549,000
1 Bed
1 Bath
606 ft²
|
$575,000
+4.74%
04/15/2022
|
Beth Sager Group
Keller Williams Realty Boston Northwest
|
||
|
09/08/2021
|
1 Bed
|
1 Bath
|
605 ft²
|
$539,000
1 Bed
1 Bath
605 ft²
|
$540,000
+0.19%
11/01/2021
|
g2Realty Team
Coldwell Banker Realty - Cambridge
|
||
|
07/26/2021
|
1 Bed
|
1 Bath
|
476 ft²
|
$425,000
1 Bed
1 Bath
476 ft²
|
$455,000
+7.06%
09/15/2021
|
Benjamin Ginsburg
Redfin Corp.
|
||
|
02/26/2021
|
1 Bed
|
1 Bath
|
606 ft²
|
$549,000
1 Bed
1 Bath
606 ft²
|
$530,000
-3.46%
07/06/2021
|
Wei Wang
Gibson Sotheby's International Realty
|
||
|
08/07/2020
|
1 Bed
|
1 Bath
|
478 ft²
|
$425,000
1 Bed
1 Bath
478 ft²
|
$415,000
-2.35%
11/13/2020
|
-
|
Frank Celeste
Gibson Sotheby's International Realty
|
|
|
02/26/2020
|
1 Bed
|
1 Bath
|
686 ft²
|
$545,000
1 Bed
1 Bath
686 ft²
|
$586,000
+7.52%
04/27/2020
|
Currier, Lane & Young
WINN Real Estate & Consulting
|
||
|
09/14/2017
|
2 Bed
|
2 Bath
|
955 ft²
|
$629,900
2 Bed
2 Bath
955 ft²
|
$663,000
+5.25%
11/09/2017
|
Karen Morgan
Coldwell Banker Realty - Cambridge
|
||
|
07/19/2017
|
2 Bed
|
2 Bath
|
1324 ft²
|
$689,000
2 Bed
2 Bath
1324 ft²
|
$715,000
+3.77%
08/30/2017
|
-
|
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
|
|
|
11/10/2016
|
2 Bed
|
2 Bath
|
1332 ft²
|
$674,000
2 Bed
2 Bath
1332 ft²
|
$670,000
-0.59%
03/31/2017
|
Peter Boyajian and Paul Moreton
Real Estate 109
|
||
|
10/12/2016
|
1 Bed
|
1 Bath
|
541 ft²
|
$369,000
1 Bed
1 Bath
541 ft²
|
$390,000
+5.69%
12/12/2016
|
-
|
Wenny and Karen
Phoenix Real Estate Partners, LLC
|
|
|
09/07/2016
|
1 Bed
|
1 Bath
|
674 ft²
|
$399,000
1 Bed
1 Bath
674 ft²
|
$401,000
+0.50%
11/04/2016
|
Patti Brainard
Conway - West Roxbury
|
||
|
03/09/2016
|
Studio
|
1 Bath
|
476 ft²
|
$349,000
Studio
1 Bath
476 ft²
|
$351,500
+0.72%
05/31/2016
|
Terrie Hayden
Compass
|
||
|
09/16/2015
|
1 Bed
|
1 Bath
|
624 ft²
|
$359,000
1 Bed
1 Bath
624 ft²
|
$392,000
+9.19%
10/30/2015
|
Christopher Young
Compass
|
||
|
07/23/2015
|
1 Bed
|
1 Bath
|
626 ft²
|
$379,900
1 Bed
1 Bath
626 ft²
|
$379,900
09/24/2015
|
Marius Gallitano
Compass
|
||
|
03/05/2015
|
1 Bed
|
1 Bath
|
686 ft²
|
$385,000
1 Bed
1 Bath
686 ft²
|
$405,000
+5.19%
04/21/2015
|
Charles Cherney
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
||
|
10/23/2014
|
2 Bed
|
2 Bath
|
1326 ft²
|
$599,900
2 Bed
2 Bath
1326 ft²
|
$599,900
02/12/2015
|
Christopher Dye
DyeNamic Properties
|
||
|
06/05/2014
|
1 Bed
|
1 Bath
|
473 ft²
|
$269,000
1 Bed
1 Bath
473 ft²
|
$311,000
+15.61%
06/27/2014
|
-
|
Peter Boyajian
Real Estate 109
|
|
|
04/29/2014
|
1 Bed
|
1 Bath
|
685 ft²
|
$349,000
1 Bed
1 Bath
685 ft²
|
$365,000
+4.58%
06/16/2014
|
-
|
Kerrianne Ciccone
William Raveis R. E. & Home Services
|
|
|
03/21/2013
|
1 Bed
|
1 Bath
|
606 ft²
|
$315,000
1 Bed
1 Bath
606 ft²
|
$320,000
+1.59%
06/28/2013
|
Amie Searles
Unlimited Sotheby's International Realty
|
||
|
04/11/2012
|
Studio
|
1 Bath
|
474 ft²
|
$219,000
Studio
1 Bath
474 ft²
|
$221,000
+0.91%
06/08/2012
|
Dino Confalone
Gibson Sotheby's International Realty
|
||
|
03/03/2012
|
1 Bed
|
1 Bath
|
879 ft²
|
$329,000
1 Bed
1 Bath
879 ft²
|
$320,000
-2.74%
03/28/2012
|
-
|
Terrie Hayden
Compass
|
|
|
03/31/2011
|
1 Bed
|
1 Bath
|
686 ft²
|
$295,000
1 Bed
1 Bath
686 ft²
|
$287,500
-2.54%
06/27/2011
|
-
|
Colleen Sleeper
Senné
|
|
|
04/08/2010
|
1 Bed
|
1 Bath
|
674 ft²
|
$315,000
1 Bed
1 Bath
674 ft²
|
$290,000
-7.94%
08/02/2010
|
James Daniel
Compass
|
||
|
04/08/2010
|
1 Bed
|
1 Bath
|
606 ft²
|
$279,000
1 Bed
1 Bath
606 ft²
|
$270,000
-3.23%
08/25/2010
|
Terrie Hayden
Charles River Residential Brokerage, Inc.
|
||
|
09/25/2009
|
1 Bed
|
1 Bath
|
540 ft²
|
$211,257
1 Bed
1 Bath
540 ft²
|
$211,000
-0.12%
11/30/2009
|
Terrie Hayden
Century 21 North East
|
||
|
06/05/2009
|
1 Bed
|
1 Bath
|
685 ft²
|
$276,000
1 Bed
1 Bath
685 ft²
|
$267,900
-2.93%
07/24/2009
|
-
|
Christopher Andrews
Senné
|
|
|
04/30/2009
|
1 Bed
|
1 Bath
|
885 ft²
|
$369,000
1 Bed
1 Bath
885 ft²
|
$365,000
-1.08%
07/31/2009
|
-
|
Peter Boyajian
Real Estate 109
|
|
|
09/12/2008
|
1 Bed
|
1 Bath
|
685 ft²
|
$309,000
1 Bed
1 Bath
685 ft²
|
$300,000
-2.91%
12/18/2008
|
-
|
George Manetas
RealEstate.com REALTORS®
|
|
|
04/03/2008
|
1 Bed
|
1 Bath
|
620 ft²
|
$298,000
1 Bed
1 Bath
620 ft²
|
$290,000
-2.68%
06/23/2008
|
-
|
Sheila Seabury
Coldwell Banker Realty - Winchester
|
|
|
07/23/2007
|
2 Bed
|
2 Bath
|
1310 ft²
|
$510,000
2 Bed
2 Bath
1310 ft²
|
$500,000
-1.96%
10/10/2007
|
Peter Boyajian
Real Estate 109
|
||
|
03/29/2007
|
Studio
|
1 Bath
|
473 ft²
|
$237,000
Studio
1 Bath
473 ft²
|
$234,000
-1.27%
05/25/2007
|
-
|
Terrie Hayden
Compass
|
|
|
02/09/2006
|
1 Bed
|
1 Bath
|
576 ft²
|
$285,000
1 Bed
1 Bath
576 ft²
|
$285,000
04/14/2006
|
-
|
Tracy Clark
Compass
|
|
|
02/09/2006
|
2 Bed
|
2 Bath
|
915 ft²
|
$429,000
2 Bed
2 Bath
915 ft²
|
$429,000
05/05/2006
|
-
|
Dara Singleton
Better Homes and Gardens Real Estate - The Shanahan Group
|
|
|
01/20/2006
|
1 Bed
|
1 Bath
|
541 ft²
|
$275,000
1 Bed
1 Bath
541 ft²
|
$275,000
05/15/2006
|
-
|
Peter Boyajian
Real Estate 109
|
|
|
01/20/2006
|
1 Bed
|
1 Bath
|
882 ft²
|
$365,000
1 Bed
1 Bath
882 ft²
|
$365,000
04/24/2006
|
Terrie Hayden
Compass
|
||
|
08/31/2005
|
2 Bed
|
2 Bath
|
957 ft²
|
$224,000
2 Bed
2 Bath
957 ft²
|
$224,000
12/07/2005
|
-
|
Terrie Hayden
Compass
|
|
|
08/31/2005
|
1 Bed
|
1 Bath
|
674 ft²
|
$289,000
1 Bed
1 Bath
674 ft²
|
$289,000
12/16/2005
|
Katie Friel
FrielEstate
|
||
|
08/31/2005
|
1 Bed
|
1 Bath
|
538 ft²
|
$200,000
1 Bed
1 Bath
538 ft²
|
$200,000
12/14/2005
|
Terrie Hayden
Compass
|
||
|
08/18/2005
|
1 Bed
|
1 Bath
|
589 ft²
|
$279,000
1 Bed
1 Bath
589 ft²
|
$279,000
12/12/2005
|
Terrie Hayden
Compass
|
||
|
06/30/2005
|
1 Bed
|
1 Bath
|
540 ft²
|
$200,000
1 Bed
1 Bath
540 ft²
|
$200,000
12/15/2005
|
-
|
Claudia Abonia
Coldwell Banker Residential Brokerage - Somerville
|
|
|
06/10/2005
|
1 Bed
|
1 Bath
|
626 ft²
|
$299,000
1 Bed
1 Bath
626 ft²
|
$299,000
12/19/2005
|
Terrie Hayden
Hillman Homes
|
||
|
06/10/2005
|
Studio
|
1 Bath
|
474 ft²
|
$229,000
Studio
1 Bath
474 ft²
|
$229,000
12/05/2005
|
Kerri Sheeran Perry
Sheeran Realty
|
||
|
04/23/2005
|
1 Bed
|
1 Bath
|
589 ft²
|
$289,000
1 Bed
1 Bath
589 ft²
|
$289,000
01/06/2006
|
-
|
Lauren Holleran
Gibson Sotheby's International Realty
|
|
|
02/02/2005
|
Studio
|
1 Bath
|
478 ft²
|
$224,000
Studio
1 Bath
478 ft²
|
$224,000
12/14/2005
|
-
|
Terrie Hayden
Compass
|
Building Info
432 Norfolk Street
432 Norfolk Street, Somerville, MA 02143
- 1 Unit for Sale
