59 Berkeley Street #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Gibson Sotheby's International Realty | $895,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
Embrace the convenience of urban living at 59 Berkeley Street. Sited only blocks from Union Square, East Coast’s next innovation hub, and a skip, hop, and a jump to Harvard, Kendall, and beyond. Inside this bright and open home, the charm of city living seamlessly integrates with comfort through modern features like dimmable LED recessed lighting, Nest thermostat, video intercom, and custom storage cabinetry. The open living space is graced with white oak floors and 9 ft ceilings, while the kitchen showcases sleek quartz countertops and premium Jenn-Air appliances. Outside, life is complemented by an inviting common patio and exclusive off-street parking, elevating your lifestyle beyond the walls of your home. Located near artisan butchers, craft breweries, a climbing gym, foodie restaurants, farmer’s markets, and not least of all, two GLX stops, 59 Berkeley isn't simply a place to live—it's a hub for experiencing all the local joys and conveniences that define Somerville living.
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| Mar 29, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by Coldwell Banker Realty - Boston | $899,000 | |
| Listed by Coldwell Banker Realty - Boston | |||
| | |||
|
SATURDAY OPEN CANCELLED! Bright & sunny 2-bedroom, 2-bathroom condo with off street parking! Enter into an open living/kitchen dining space, with high ceilings, beautiful white oak floors & room for a dedicated dining table. The kitchen showcases a double pantry, custom cabinetry, quartz countertops & stainless-steel Jenn-Air appliances. The primary bedroom with en-suite bath, includes a frameless glass shower and marble vanity. A second good sized bedroom and full bath complete this desirable floor plan. This home includes multiple smart tech features; nest thermostat, dimmable LED recessed lighting, and virtual doorman. Additional amenities are; central A/C, in-unit laundry, additional basement storage, pet friendly, & a shared fenced in back yard with patio. Built in 2018 and located in the highly sought-after Spring Hill neighborhood in Somerville, this condo borders Porter Square & is close to the new Gilman Square t-stop extension. Don't miss out on this amazing opportunity!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2025
|
2 Bed
|
1 Bath
|
912 ft²
|
$738,000
2 Bed
1 Bath
912 ft²
|
$739,000
+0.14%
12/03/2025
|
Lauren Holleran Team
Gibson Sotheby's International Realty
| |
|
04/09/2024
|
2 Bed
|
2 Bath
|
1073 ft²
|
$895,000
2 Bed
2 Bath
1073 ft²
|
$900,000
+0.56%
05/24/2024
|
Lauren Holleran Team
Gibson Sotheby's International Realty
| |
|
02/16/2022
|
2 Bed
|
2 Bath
|
1073 ft²
|
$899,000
2 Bed
2 Bath
1073 ft²
|
$950,000
+5.67%
03/29/2022
|
Charles Cherney
Compass
| |
|
06/11/2021
|
2 Bed
|
2 Bath
|
1513 ft²
|
$925,000
2 Bed
2 Bath
1513 ft²
|
$1,007,000
+8.86%
07/27/2021
|
Martha Toti
Coldwell Banker Realty - Charlestown
| |
|
05/21/2020
|
2 Bed
|
2 Bath
|
1073 ft²
|
$849,000
2 Bed
2 Bath
1073 ft²
|
$860,000
+1.30%
07/17/2020
|
Martha Toti
Coldwell Banker Realty - Charlestown
| |
|
04/11/2018
|
2 Bed
|
1 Bath
|
900 ft²
|
$729,000
2 Bed
1 Bath
900 ft²
|
$690,000
-5.35%
07/09/2018
|
Ted Billings
Lamacchia Realty, Inc.
| |
|
04/11/2018
|
2 Bed
|
2 Bath
|
1073 ft²
|
$799,000
2 Bed
2 Bath
1073 ft²
|
$800,000
+0.13%
07/17/2018
|
Ted Billings
Lamacchia Realty, Inc.
| |
|
04/11/2018
|
2 Bed
|
2 Bath
|
1513 ft²
|
$899,000
2 Bed
2 Bath
1513 ft²
|
$900,000
+0.11%
07/16/2018
|
Ted Billings
Lamacchia Realty, Inc.
| |
|
03/03/2016
| |
4 Bed
|
3 Bath
|
2646 ft²
|
$895,000
4 Bed
3 Bath
2646 ft²
|
$900,000
+0.56%
07/05/2016
|
Kitty Ethridge
Dowd Properties
|
Building Info
About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017