$550,000
●
Condo -
Off Market
561 Broadway #A3
Somerville, MA 02145
2 Beds
1 Bath,
1
Half Bath
947 Ft²
$861,170
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model
About This Property
***THIS CONDO HAS IT ALL*** Five room penthouse offers spacious
sunlit eat-in kitchen with granite counters, stainless steel
appliances and maple cabinets. Two good sized bedrooms with master
large enough for your king size bed. Ample closets. Hardwood
floors. Two private covered porches provide additional outdoor
space to relax and enjoy. Bonus room is perfect for office or
nursery. Laundry in unit, central air, two deeded parking spaces
and secure basement storage are some of the extras. Pet friendly.
Convenient to transportation - MBTA, there's a bus line out front,
commuter rail is nearby and soon to be completed green line
extension a block away. Walk to neighborhood shops, lively eateries
and outdoor recreation areas. Take advantage of this rare
opportunity to own at desirable Trum Park - only two units have
sold since 2012.
Unit Size
947 Ft²
Days on Market
-
Land Size
-
Price per sqft
$611
Property Type
Condo
Property Taxes
$464
HOA Dues
$419
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 #72387652)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2018 | Sold | ||
| Sold | |||
| Sep 4, 2018 | Listed by Century 21 Seaport | $579,000 | |
| Listed by Century 21 Seaport | |||
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Has Open Parking
Parking Features: Off Street, Deeded, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile
Laundry Features: In Unit, Third Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 947
Security Features: Security System, Intercom
Architectural Style: Other (See Remarks)
Year Built Source: Public Records
Year Built: 1920
Building Name: Trum Park Condominium
Building Area Total: 947
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Covered
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $492,000
Tax Annual Amount: $5,565
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Storage
HOA Fee: $419
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
12/03/2025
|
1 Bed
|
1 Bath
|
640 ft²
|
$499,900
1 Bed
1 Bath
640 ft²
|
$515,000
+3.02%
01/20/2026
|
Daniel O'Rourke
RE/MAX Andrew Realty Services
| |
|
05/12/2022
|
2 Bed
|
1 Bath
|
971 ft²
|
$675,000
2 Bed
1 Bath
971 ft²
|
$715,000
+5.93%
06/27/2022
|
Elisee Labrecque
RE/MAX Destiny
| |
|
09/05/2018
|
1 Bed
|
1 Bath
|
639 ft²
|
$424,900
1 Bed
1 Bath
639 ft²
|
$453,800
+6.80%
10/22/2018
|
Santana Team
Keller Williams Realty Boston Northwest
| |
|
09/04/2018
|
2 Bed
|
1 Bath
|
947 ft²
|
$579,000
2 Bed
1 Bath
947 ft²
|
$550,000
-5.01%
11/27/2018
|
Carol Costello
Century 21 Seaport
| |
|
03/03/2016
|
2 Bed
|
1 Bath
|
971 ft²
|
$460,000
2 Bed
1 Bath
971 ft²
|
$511,000
+11.09%
04/25/2016
|
Ross Duncan-Brown
Compass
| |
|
06/07/2012
|
1 Bed
|
1 Bath
|
639 ft²
|
$255,000
1 Bed
1 Bath
639 ft²
|
$255,000
07/23/2012
|
Erica Covelle
Compass
| |
|
08/03/2011
|
2 Bed
|
2 Bath
|
947 ft²
|
$324,900
2 Bed
2 Bath
947 ft²
|
$319,000
-1.82%
10/19/2011
|
Don Hoffses
Sterling Lion, LLC
| |
|
06/08/2011
|
2 Bed
|
1 Bath
|
869 ft²
|
$289,900
2 Bed
1 Bath
869 ft²
|
$290,000
+0.03%
01/27/2012
|
Courtney Snyder
Coldwell Banker Residential Brokerage - Cambridge
| |
|
01/21/2010
|
2 Bed
|
1 Bath
|
965 ft²
|
$319,900
2 Bed
1 Bath
965 ft²
|
-
10/15/2010
|
John Costello
| |
|
08/21/2007
|
2 Bed
|
1 Bath
|
961 ft²
|
$339,900
2 Bed
1 Bath
961 ft²
|
$325,000
-4.38%
11/30/2007
|
Melanie Collard
Compass
| |
|
07/26/2007
|
1 Bed
|
1 Bath
|
653 ft²
|
$279,000
1 Bed
1 Bath
653 ft²
|
$265,000
-5.02%
08/31/2007
|
Paul Mydelski
Re/max Leading Edge R. E.
| |
|
03/03/2006
|
2 Bed
|
1 Bath
|
971 ft²
|
$349,000
2 Bed
1 Bath
971 ft²
|
$337,000
-3.44%
07/31/2006
|
Paula Dowd
Dowd Properties
| |
|
08/05/2004
|
1 Bed
|
2 Bath
|
639 ft²
|
$299,000
1 Bed
2 Bath
639 ft²
|
$280,000
-6.35%
11/30/2004
|
Rachel Hillman Foy
Hillman Homes
| |
|
10/17/2002
|
1 Bed
|
1 Bath
|
650 ft²
|
$239,900
1 Bed
1 Bath
650 ft²
|
$230,000
-4.13%
09/24/2003
|
Paula Dowd
Dowd Properties
| |
|
10/17/2002
|
2 Bed
|
1 Bath
|
965 ft²
|
$319,900
2 Bed
1 Bath
965 ft²
|
$295,000
-7.78%
03/31/2003
|
Paula Dowd
Dowd Properties
| |
|
10/17/2002
|
1 Bed
|
1 Bath
|
650 ft²
|
$242,900
1 Bed
1 Bath
650 ft²
|
$242,900
07/08/2003
|
Paula Dowd
Dowd Properties
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017