$575,000
●
Condo -
Off Market
52 Franklin Street #2
Somerville, MA 02145
2 Beds
2 Baths,
1
Half Bath
1,455 Ft²
$1,143,341
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model
About This Property
New Construction 2 BR 2.5 bath luxury Townhouse/Condo.Five Stars+
Energy Rating. Master BR features MB with Whirlpool tub, custom
tile shower, marble vanity top & large walk in closet. In-unit
laundry.1st floor has an open floor plan with living room, dining
area, granite counter tops. All energy efficient GE stainless steel
appliances. Units have 4 Mitsubishi electric heat and AC units, and
on demand hot water heater. There is direct access to a spacious
9'x20' walk out composite deck with black composite handrails and
privacy wall. Weather resistant and maintenance free Hardi fiber
cement siding w/azak trim. Top of the line Anderson A-Series
insulated windows. Underground Drywell system for water drainage.
Spacious 2 car garage with additional storage space in walk out
basement. Brick paver walkways, permeable driveways, professional
landscaping upon completion. Easy access to shop in Cobble Hill &
Union Sq area Walk to Orange line and future Green Line. Great City
views!
Unit Size
1,455 Ft²
Days on Market
-
Land Size
-
Price per sqft
$433
Property Type
Condo
Property Taxes
-
HOA Dues
$125
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: 6 months ago (MLSPIN #71659295)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2014 | Sold | ||
| Sold | |||
| Apr 10, 2014 | Listed by Deland Real Estate, LLC | $629,900 | |
| Listed by Deland Real Estate, LLC | |||
| | |||
|
New Construction 2 BR 2.5 bath luxury Townhouse/Condo.Five Stars+ Energy Rating. Master BR features MB with Whirlpool tub, custom tile shower, marble vanity top & large walk in closet. In-unit laundry.1st floor has an open floor plan with living room, dining area, granite counter tops. All energy efficient GE stainless steel appliances. Units have 4 Mitsubishi electric heat and AC units, and on demand hot water heater. There is direct access to a spacious 9’x20’ walk out composite deck with black composite handrails and privacy wall. Weather resistant and maintenance free Hardi fiber cement siding w/azak trim. Top of the line Anderson A-Series insulated windows. Underground Drywell system for water drainage. Spacious 2 car garage with additional storage space in walk out basement. Brick paver walkways, permeable driveways, professional landscaping upon completion. Easy access to shop in Cobble Hill & Union Sq area Walk to Orange line and future Green Line. Great City views!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Deeded, Off Street, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Study
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Instant Hot Water, Oven, Plumbed For Ice Maker, Vacuum System
Flooring Type: Wood, Tile, Hardwood, Flooring - Hardwood
Door Features: French Doors, Insulated Doors
Laundry Features: Laundry Closet, Electric Dryer Hookup, Washer Hookup, In Unit, Second Floor, In Building
Rooms: 6
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1455
Square Footage Source: $0
Security Features: Security System
Year Built Source: Owner
Year Built: 2014
Building Area Total: 1455
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Composite
Lot Size Units: Acres
Water Source: Public
Utilities Details
Cooling Type: Wall Unit(s), Unit Control
Heating Type: Forced Air, Wall Furnace, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $125
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 |
|---|---|---|---|---|---|---|---|
|
06/19/2024
|
2 Bed
|
4 Bath
|
1880 ft²
|
$995,000
2 Bed
4 Bath
1880 ft²
|
-
-
|
Wilson Group
Keller Williams Realty
| |
|
02/22/2018
|
2 Bed
|
4 Bath
|
1880 ft²
|
$799,000
2 Bed
4 Bath
1880 ft²
|
$825,000
+3.25%
03/19/2018
|
Wilson Group
Keller Williams Realty
| |
|
09/08/2015
|
2 Bed
|
3 Bath
|
1642 ft²
|
$749,900
2 Bed
3 Bath
1642 ft²
|
$725,000
-3.32%
12/09/2015
|
Stephen Bremis
Redfin Corp.
| |
|
05/14/2014
|
2 Bed
|
4 Bath
|
1735 ft²
|
$639,900
2 Bed
4 Bath
1735 ft²
|
$610,000
-4.67%
09/24/2014
|
Gary Luongo
RE/MAX Destiny
| |
|
04/10/2014
|
2 Bed
|
3 Bath
|
1455 ft²
|
$629,900
2 Bed
3 Bath
1455 ft²
|
$575,000
-8.72%
06/27/2014
|
Gary Luongo
RE/MAX Destiny
| |
|
04/02/2014
|
2 Bed
|
2 Bath
|
1642 ft²
|
$674,900
2 Bed
2 Bath
1642 ft²
|
$650,000
-3.69%
06/24/2014
|
Gary Luongo
Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
| |
|
07/12/2009
| |
3 Bed
|
2 Bath
|
1388 ft²
|
$239,000
3 Bed
2 Bath
1388 ft²
|
$239,000
08/26/2009
|
Joseph McGonagle
Century 21 Elite Realty
|
Building Info
About East Somerville
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