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Map
$599,000
●
Condo -
Off Market
44 Woods Ave. #44
Somerville, MA 02144
2 Beds
1 Bath
$599,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model
About This Property
INCREDIBLE OPPORTUNITY-THIS WEEK ONLY!! This nicely renovated
two-bedroom, one-bath condo is the perfect combination of style and
convenience. With a front deck and rear patio entertaining space,
you'll have everything you need to enjoy the outdoors. The location
of this condo is ideal, just minutes away from Tufts University and
Assembly Row, providing easy access to all the best shopping,
dining, and entertainment options. And with plenty of basement
storage, you'll have ample space to organize your belongings. This
home is situated on a quiet side street, making it the perfect
retreat from the hustle and bustle of the city. The space is bright
and airy, with an open floor plan that maximizes natural light. The
updated kitchen features stainless steel appliances, granite
countertops, and plenty of storage space. Each of the bedrooms is
comfortably sized with generous closet space.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$784
HOA Dues
$253
Year Built
1920
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Cap Rate Calculator
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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: 11 months ago (MLSPIN #73156926)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Oct 31, 2023 | Price Decreased |
$599,000
↓ $46K
(7.1%)
|
|
| Price Decreased | |||
| Oct 21, 2023 | Price Decreased |
$645,000
↓ $5K
(0.8%)
|
|
| Price Decreased | |||
| Oct 10, 2023 | Price Decreased |
$650,000
↓ $9K
(1.4%)
|
|
| Price Decreased | |||
| Oct 2, 2023 | Price Decreased |
$659,000
↓ $10K
(1.5%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: Main, First
Width: 14.083333
Length: 10.833333
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Gas Stove
Area: 152.569444
Area: 36.652777
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Length: 7.583333
Level: Main, First
Width: 4.833333
Level: First
Features: Closet, Flooring - Hardwood, Lighting - Overhead
Width: 10.416666
Length: 10.166666
Area: 105.902777
Width: 18.333333
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
Length: 10.916666
Level: First
Area: 200.138888
Length: 17.333333
Level: Main, First
Area: 244.111111
Features: Flooring - Hardwood, Window(s) - Picture, Exterior Access, Recessed Lighting
Width: 14.083333
Features: Closet, Flooring - Hardwood, Lighting - Overhead
Level: First
Length: 10.166666
Width: 11.333333
Area: 115.222222
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood
Laundry Features: In Basement, In Building, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: On Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: 44-46 Woods Ave. Condominiums
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RA
Parcel Number: M:3 B:D L:12, 747233
Water Source: Public
Financial Details
Tax Assessed Value: $999,999,999
Tax Annual Amount: $9,410
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $253
Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Laundromat, House of Worship, Public School, T-Station, University
Complex is Completed
44 Woods Ave. #44, 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
Sold
Condo
3
Beds
1
Bath
-
$720,000
May 11, 2023
$720,000
Jul 19, 2023
$8,333,540/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/11/2023
|
2 Bed
|
1 Bath
|
-
|
$749,000
2 Bed
1 Bath
|
-
-
|
-
|
Gayle Winters
Compass
|
|
|
06/08/2023
|
|
4 Bed
|
2 Bath
|
-
|
$1,475,000
4 Bed
2 Bath
|
-
-
|
-
|
Gayle Winters
Compass
|
|
08/31/2022
|
|
5 Bed
|
2 Bath
|
-
|
$999,900
5 Bed
2 Bath
|
$999,900
11/21/2022
|
-
|
Gayle Winters
Compass
|
Building Info
