$525,000
●
Condo -
Off Market
60 Ossipee Rd #1
Somerville, MA 02144
2 Beds
2 Baths
1,676 Ft²
$1,042,509
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model
About This Property
Wonderful renovation of a philly vict style home nr Teele, Tufts &
Davis Sq. Features 2 bedrooms, 2 full baths, an oversized kit
w/ tile floor, maple cab's, granite countertops & St. St appl's, a
bult in DR hutch, a LG Mstr Br w/ private bath, oversized rooms, a
fin'd bsmt w. playroom/office area, storage, a fenced in shared yd.
& prkg! A must see on one of Somerville's finest streets.
Unit Size
1,676 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
Condo
Property Taxes
$456
HOA Dues
$189
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: 4 years ago (MLSPIN #70749972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2015 | Sold | ||
| Sold | |||
| Jun 26, 2015 | Listed by Keller Williams Realty Boston Northwest | $619,900 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
An EXCEPTIONAL CONDOMINIUM is now AVAILABLE at 60 OSSIPEE ROAD on a beautiful street located near TUFTS UNIVERSITY, TEELE & DAVIS SQUARE! This PHILADELPHIA STYLE HOME features 3 LEVELS of thoroughly and thoughtfully RENOVATED LIVING SPACE that exudes CLASSIC ARCHITECTURAL CHARM with a juxtaposition of the perfect MODERN FEATURES. Its large CHEF’S STYLE eat in KITCHEN features EXPANSIVE GRANITE counter tops that are highlighted by NATURALLY FINISHED light MAPLE CABINETS & STAINLESS STEEL appliances. The 2nd floor MASTER BEDROOM is coupled with a beautiful MASTER BATH that boasts impressive MARBLE TILE. FINISHED BASEMENT is great for that HOME OFFICE & FAMILY ROOM. ENJOY your SUMMER NIGHTS dinning 'al fresco' in this home’s perfectly manicured shared BACK YARD space that features a beautiful BRICK PATIO! With CENTRAL A/C, in unit LAUNDRY & OFF STREET PARKING this HOME is NOT to be MISSED!!!
| |||
| Jul 1, 2008 | Sold | ||
| Sold | |||
| Apr 24, 2008 | Listed by Keller Williams Realty Boston Northwest | $529,900 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| Jun 2, 2006 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: Second
Level: First
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 4619073
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $500,000
Tax Annual Amount: $5,475
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Oven, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Maintenance Structure
HOA Fee: $189
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails
Pets Allowed: Yes w/ Restrictions
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
06/26/2015
|
2 Bed
|
2 Bath
|
1670 ft²
|
$619,900
2 Bed
2 Bath
1670 ft²
|
$740,000
+19.37%
08/14/2015
|
Mike Cohen
Compass
| |
|
08/04/2011
|
3 Bed
|
2 Bath
|
1774 ft²
|
$569,000
3 Bed
2 Bath
1774 ft²
|
$559,000
-1.76%
10/04/2011
|
Steve Rankin
RE/MAX Destiny
| |
|
04/24/2008
|
2 Bed
|
2 Bath
|
1676 ft²
|
$529,900
2 Bed
2 Bath
1676 ft²
|
$525,000
-0.92%
07/01/2008
|
Irene Bremis
LAER Realty Partners / iBremis Realty
| |
|
03/25/2006
|
2 Bed
|
2 Bath
|
1314 ft²
|
$539,000
2 Bed
2 Bath
1314 ft²
|
$520,000
-3.53%
06/02/2006
|
Steve Rankin
Compass
| |
|
03/03/2005
| |
5 Bed
|
2 Bath
|
3175 ft²
|
$639,900
5 Bed
2 Bath
3175 ft²
|
$652,500
+1.97%
04/19/2005
|
Linda Montieth
Coldwell Banker Residential Brokerage - Somerville
|
Building Info
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