$325,000
●
Condo -
Off Market
561 Broadway #B2
Somerville, MA 02145
2 Beds
1 Bath,
1
Half Bath
961 Ft²
$661,192
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model
About This Property
Completelty gutted with a new configuration this property has AC,
W/D in the unit, a Whirlpool tub, high ceilings and lots of
windows. This great floor plan offer an open kitchen/dining/living
area, 2 good size bedrooms + a separate room perfect for a nursery,
a study or a small bedroom. The state of the art kitchen has lots
of maple cabinets, upgraded stainless appliances and beautiful
granite countertops with breakfast bar. 15 minutes walk to Davis
and Porter and 10 minutes to Tuft
Unit Size
961 Ft²
Days on Market
-
Land Size
2,295.68 acres
Price per sqft
$354
Property Type
Condo
Property Taxes
$288
HOA Dues
$206
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 #70635099)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2007 | Sold | ||
| Sold | |||
| Aug 21, 2007 | Listed by William Raveis R.E. & Home Services | $339,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 961
Year Built Source: Public Records
Year Built: 1920
Building Area Total: 961
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lot Size Area: 2295.68
Lot Size Units: Acres
Lot Size Acres: 2295.68
Lot Size Square Feet: 99999999
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $388,300
Tax Annual Amount: $3,452
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Unit Control
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $206
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017