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Somerville 02143 Spring Hill
46 Elm Street
$520,000
● House - Off Market

46 Elm Street

Somerville, MA 02143
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,476 Ft²
$1,136,029
RealtyHop Estimate
106.59%
Since Aug 1, 2003
MA-Boston
Primary Model

About This Property

SPECTACULAR  CIRCA 1890 SINGLE FAMILY WITH LARGE YARD COMPLETELY RENOVATED IN 1999 WITH NEW KITCHEN, NEW BATHROOMS, GREAT LOCATION, 5 MINUTES TO PORTER SQUARE "T" HI CEILINGS TIN COVERED IN LV RM AND DN RM, MANY UPDATES.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$373
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #30712312)

Price History

Date / Event Date Event Price
Jul 17, 2003 Sold
Premium
Sold
Apr 22, 2003 Listed by Highland Homes Realty $549,900
Listed by Highland Homes Realty
Jan 27, 2000 Sold
Premium
Sold
Sep 29, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,485
  • Total Building Area: 1,586
  • Gross Building Area: 2,599
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DELIA J MCEVOY
  • Land Acres: 0000000103
  • 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: 351001

Zoning

  • Zoning: RB

Geography

  • Account Number: 3130150
  • District: 274
  • Parcel: SOME M:37 B:A L:4
  • Block: A
  • Lot: 4
  • Municipality: SOMERVILLE
  • Latitude: 42.3874
  • Longitude: -71.1154

    Address

  • Full Address: 46 Elm St
  • Address - House Number: 46
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C010
  • 4-Digit Zip Code: 2229
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,156,500

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 1,313,676
  • High Value: 1,611,041
  • Low Value: 1,016,310

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,099,300
  • Assessed Land Value: $751,400
  • Assessed Improvements Value: $347,900

    Sales

  • Current Sale Recording Date: Jan 27, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 1999
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: 27
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 Spring Hill

Stats & Trends

Median Asking:

$1,274,500

Sale Price/ft²

$706

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2050 ft²

Average Home Age

100.4 years

Currently For Sale

34 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

$2,851 /mo

  • 1 Bed
  • 1 Bath
  • 840 ft²
205 Walden St #The Newell, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 10 Magazine Street, Cambridge, MA, 02139

$3,540 /mo

  • 2 Beds
  • 2 Baths
  • 967 ft²
10 Magazine Street #The Kendall, Cambridge, MA, 02139 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 years ago
Data Source: MLS PIN, MLS# 30712312

Frequently Asked Questions

When was property at 46 Elm Street built and last sold?
The property at 46 Elm Street was built in 1890 and last sold on Jan 1, 1970 for $357,500.
How much is this home worth?
The estimated value of the home located at 46 Elm Street is $0.
What are some comparable homes to 46 Elm Street?
There are currently no comparable homes to 46 Elm Street.
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