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Somerville 02145 Magoun Square
62 Partridge Ave
$662,000
● House - Off Market

62 Partridge Ave

Somerville, MA 02145
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,281 Ft²
$993,559
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

A wonderful opportunity to own a hard to find single family in one of Somerville's fastest rising areas. This turn of the century-era Village Victorian  offers 8 rooms, 5 bedrooms and 2.5 baths over 3 levels.There is ample interior square footage and the private backyard has the outdoors covered too. Only a short distance to the proposed Greeline extension on Lowell St & the shops and restaurants of Magoun Square. A little TLC and you will have yourself a perfect place to call home!
Unit Size
2,281 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$292
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1900

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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 #72259651)

Price History

Date / Event Date Event Price
Apr 6, 2018 Sold
Premium
Sold
Nov 27, 2017 Listed by Century 21 Commonwealth $665,000
Listed by Century 21 Commonwealth

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,240
  • Total Building Area: 1,783
  • Gross Building Area: 3,102
  • Building Area: 1,783
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,783
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000051
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350300

Zoning

  • Zoning: RA

Geography

  • Account Number: 4195041
  • District: 274
  • Parcel: SOME M:41 B:B L:4
  • Block: B
  • Lot: 4
  • Municipality: SOMERVILLE
  • Latitude: 42.3951
  • Longitude: -71.103

    Address

  • Full Address: 62 Partridge Ave
  • Address - House Number: 62
  • Address - Street Name: Partridge
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerville
  • Carrier Code: C080
  • 4-Digit Zip Code: 3628
  • Zip Code: 02145

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $872,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 937,368
  • High Value: 1,085,746
  • Low Value: 788,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $829,100
  • Assessed Land Value: $421,500
  • Assessed Improvements Value: $407,600

    Sales

  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46555
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 Magoun Square

Stats & Trends

Median Asking:

$824,500

Sale Price/ft²

$652

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1491 ft²

Average Home Age

41 years

Currently For Sale

6 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 205 Walden St, Cambridge, MA, 02140

$2,622 /mo

  • Studio
  • 1 Bath
  • 539 ft²
205 Walden St #The Copley, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72259651

Frequently Asked Questions

When was property at 62 Partridge Avenue built and last sold?
The property at 62 Partridge Avenue was built in 1900 and last sold on Jan 1, 1970 for $662,000.
How much is this home worth?
The estimated value of the home located at 62 Partridge Avenue is $672,351.
What are some comparable homes to 62 Partridge Avenue?
There are currently no comparable homes to 62 Partridge Avenue.
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