$255,000
●
Condo -
Off Market
561 Broadway #C2
Somerville, MA 02145
1 Bed
1 Bath
639 Ft²
$515,849
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model
About This Property
This sun splashed 1 + bedroom condominium is in impeccable
condition and has a sophisticated feel to it. Offers a great open
floor plan, large bedroom & an office. Gourmet kitchen with maple
cabinets, granite counters, & stainless steel appliances. Hardwood
floors. In unit laundry. Central AC. Walk out to your own private
porch. Parking. Down the street from Ball Sq., Across from Trum
Field, Near Tufts and relatively close to Davis Sq.
Unit Size
639 Ft²
Days on Market
-
Land Size
-
Price per sqft
$399
Property Type
Condo
Property Taxes
$236
HOA Dues
$183
Year Built
-
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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 #71393825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed by Keller Williams Realty Boston Northwest | $424,900 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
INCREDIBLE CONDO in SOMERVILLE with OFF-STREET Parking! Unbeatable location! This sun-filled 1+ bed, 1 bath condo has been meticulously maintained inside and out! The chef's kitchen features granite countertops, stainless steel appliances, and maple custom cabinetry. You will love the open floor plan that leads to a private deck - perfect for entertaining! There are endless options for the extra den space - perfect as an office or additional living space! Other special features include in-unit laundry, additional private storage in the basement and 1 deeded parking spot! A rare find! Its location couldn't be better, close to Ball Square and Magoun Sq with its many restaurants and cafes, and Tufts University. .3 Miles to the future Ball Square Green line Stop - A PERFECT PLACE TO CALL HOME!
| |||
| Jul 23, 2012 | Sold | ||
| Sold | |||
| Jun 7, 2012 | Listed by Century 21 Commonwealth | $255,000 | |
| Listed by Century 21 Commonwealth | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Interior Features: Bedroom, Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Hardwood, Flooring - Hardwood
Laundry Features: In Unit, Gas Dryer Hookup, Second Floor
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 639
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1910
Building Name: Trum Park Condominiums
Building Area Total: 639
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $235,000
Tax Annual Amount: $2,827
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
HOA Fee: $183
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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