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Somerville 02145 East Somerville
635 Mcgrath Highway
$282,000
● House - Off Market

635 Mcgrath Highway

Somerville, MA 02145
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,279 Ft²
$713,605
RealtyHop Estimate
146.16%
Since Dec 1, 2001
MA-Boston
Primary Model

About This Property

PRIME LOCATION ! SHORT DISTANCE TO BOSTON, MIT & ORANGE LINE 3 STORY SF HOME W/ HDWD FLOORS,FIREPLACE,GARAGE & SUNROOM THIS BRICK HOME HAS A FULLY APPLIANCED KITCHEN.5BDRM 2.5BA EXTRA SPACE IN BASEMENT FOR STORAGE, MANY UPDATES 3CAR PARK
Unit Size
2,279 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$127
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1890

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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: 4 years ago (MLSPIN #30544672)

Price History

Date / Event Date Event Price
Nov 7, 2003 Sold
Premium
Sold
May 28, 2003 Listed by Lamacchia Realty, Inc. $389,900
Listed by Lamacchia Realty, Inc.
Nov 7, 2001 Sold
Premium
Sold
Sep 21, 2001 Listed by Lamacchia Realty, Inc. $289,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 2
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,479
  • Total Building Area: 2,100
  • Gross Building Area: 3,593
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • 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: 351403

Zoning

  • Zoning: NB

Geography

  • Account Number: 4196058
  • District: 274
  • Parcel: SOME M:90 B:A L:11
  • Block: A
  • Lot: 11
  • Municipality: SOMERVILLE
  • Latitude: 42.3885
  • Longitude: -71.089

    Address

  • Full Address: 635 Mcgrath Hwy
  • Address - House Number: 635
  • Address - Street Name: Mcgrath
  • Address - Suffix Type: Hwy
  • State: MA
  • City Name: Somerville
  • Carrier Code: C075
  • 4-Digit Zip Code: 3126
  • Zip Code: 02145

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $958,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,030,043
  • High Value: 1,259,061
  • Low Value: 801,025

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $910,600
  • Assessed Land Value: $351,600
  • Assessed Improvements Value: $559,000

    Sales

  • Current Sale Recording Date: Nov 07, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1294
  • Previous Sale Recording Date: Nov 07, 2001
  • Previous Sale Amount: $282,000
  • Previous 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 East Somerville

Stats & Trends

Median Asking:

$922,000

Sale Price/ft²

$581

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2831 ft²

Average Home Age

84.8 years

Currently For Sale

32 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 285 Third Street, Cambridge, MA, 02142

$3,428 /mo

  • Studio
  • 1 Bath
  • 537 ft²
285 Third Street #Studio (North) - 521, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 249 Third St., Cambridge, MA, 02142

$2,805 /mo

  • Studio
  • 1 Bath
  • 460 ft²
249 Third St. #The Lofts Studio B, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 4 Emerson Place, Boston, MA, 02114

$2,950 /mo

  • Studio
  • 1 Bath
  • 542 ft²
4 Emerson Place #Asteria-Studio (1), Boston, MA, 02114 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30544672

Frequently Asked Questions

When was property at 635 McGrath Highway built and last sold?
The property at 635 McGrath Highway was built in 1890 and last sold on Jan 1, 1970 for $384,900.
How much is this home worth?
The estimated value of the home located at 635 McGrath Highway is $0.
What are some comparable homes to 635 McGrath Highway?
There are currently no comparable homes to 635 McGrath Highway.
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