For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Somerville 02143 Prospect Hill
59 Putnam Street
Photo of 59 Putnam Street
Sold on Sep 1, 2026

30

Map

Photo of 59 Putnam Street
Photo of 59 Putnam Street
$1,305,000
● House - Off Market

59 Putnam Street

Somerville, MA 02143
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,230 Ft²
$6,883
Est. Monthly

About This Property

Occupied for generations by 1 family, this Union Sq. home is on market for the 1st time since 1950. On a large lot w/driveway and yard, the house is currently configured as a SF w/ au pair apt on the rear half of the 2nd floor. The main house has LR w/fp, family room, DR, spacious kitchen, full bath, and laundry room on the 1st fl and 2 bedrooms upstairs. First fl kitchen door leads to a roomy deck, an enclosed stair to the au pair suite, the driveway, and the spacious yard w/shed. The apt on the 2nd fl has a bedroom, hall, kitchen, full bath, and fire escape. It can be integrated into the 2nd fl by reopening a hallway door. Possible renovations include a SF w/backyard ADU or a 2-3 family dwelling; buyers must do their own due diligence regarding zoning/development potential. Prime location btwn Union and Gilman Sq. GLX stations w/walkability to shops and eateries, commuter/bike path to Boston, parks, and more. Easy access to MIT, Harvard, Tufts, Kendall Sq., Boston, hwys, airport.
Unit Size
2,230 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$576
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1900

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 months ago (MLSPIN #73551329)

Price History

Date / Event Date Event Price
Sep 1, 2026 Sold
Premium
Sold
Jul 23, 2026 In contract -
In contract
Jul 17, 2026 Listed by Thalia Tringo & Associates Real Estate, Inc. $1,285,000
Listed by Thalia Tringo & Associates Real Estate, Inc.
Dec 24, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,567
  • Total Building Area: 2,079
  • Gross Building Area: 3,297
  • Building Area: 2,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,079
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351300

Zoning

  • Zoning: RA

Geography

  • Account Number: 5224040
  • District: 274
  • Parcel: SOME M:62 B:C L:25
  • Block: C
  • Lot: 25
  • Municipality: SOMERVILLE
  • Latitude: 42.3854
  • Longitude: -71.0972

    Address

  • Full Address: 59 Putnam St
  • Address - House Number: 59
  • Address - Street Name: Putnam
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C003
  • 4-Digit Zip Code: 1729
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,011,500

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,153,203
  • High Value: 1,342,931
  • Low Value: 963,475

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $961,500
  • Assessed Land Value: $668,900
  • Assessed Improvements Value: $292,600

    Sales

  • Current Sale Recording Date: Dec 24, 1992
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Prospect Hill

Stats & Trends

Median Asking:

$982,250

Sale Price/ft²

$664

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2450 ft²

Average Home Age

92.8 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 249 Third St., Cambridge, MA, 02142

$3,525 /mo

  • Studio
  • 1 Bath
  • 476 ft²
249 Third St. #The Flats Studio G, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 285 Third Street, Cambridge, MA, 02142

$4,018 /mo

  • 1 Bed
  • 1 Bath
  • 728 ft²
285 Third Street #1 Bed (North)- 728, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,139 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
205 Walden St #The Seville, Cambridge, MA, 02140 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73551329

Frequently Asked Questions

When was property at 59 Putnam Street built and last sold?
The property at 59 Putnam Street was built in 1900 and last sold on Jan 1, 1970 for $91,368.
How much is this home worth?
The estimated value of the home located at 59 Putnam Street is $1,302,956.
What are some comparable homes to 59 Putnam Street?
There are currently no comparable homes to 59 Putnam Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Somerville Homes for Sale
Somerville Houses for Sale
Somerville Condos for Sale
Somerville Co-Ops for Sale
Somerville Townhouses for Sale
Somerville Multifamily for Sale
Somerville Land for Sale
Somerville Commercial for Sale
Nearby Cities
Boston Homes for Sale
Cambridge Homes for Sale
Brookline Homes for Sale
Medford Homes for Sale
Arlington Homes for Sale
Malden Homes for Sale
Watertown Town Homes for Sale
Melrose Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Essex County, MA Property Records
Plymouth County, MA Property Records
Worcester County, MA Property Records
Providence County, RI Property Records
Bristol County, MA Property Records
Neighborhoods
South End Real Estate
Back Bay Real Estate
Maplewood Real Estate
Coolidge Corner Real Estate
D Street - West Broadway Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Commonwealth Real Estate
Nearby Counties
Boston Homes for Sale
Cambridge Homes for Sale
Brookline Homes for Sale
Medford Homes for Sale
Arlington Homes for Sale
Malden Homes for Sale
Watertown Town Homes for Sale
Melrose Homes for Sale
Top Real Estate Agents
Top Agents in Prospect Hill
Top Agents in Somerville
Top Agents in Boston
Top Agents in Boston
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Brookline
Top Agents in Brookline