7 Mortimer Pl #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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by Coldwell Banker Realty - Newton | $320,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
| |||
|
Convenience and efficiency are key in this perfectly located studio condo situated between Winter Hill, Assembly Square, Spring Hill and East Somerville. Featuring gleaming hardwood floors, a well-appointed kitchen with granite countertops, coffee bar and stainless steel appliances, plenty of closet space and a murphy bed for flexible use of the living area, this efficient unit punches well above its weight while providing a warm and inviting atmosphere. There is free, common laundry is right outside the door, and the unit has an off-street parking spot for added convenience. Just a short walk to area amenities like Foss Park, the Gilman Square station on the Green Line and local favorites like Sarma, the location of this can’t be beat, making it perfect for investors seeking cash flow or those seeking efficient urban living with great public transportation and highway access. Don’t miss out on this rare opportunity!
| |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 12, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/04/2026
|
1 Bed
|
1 Bath
|
429 ft²
|
$320,000
1 Bed
1 Bath
429 ft²
|
$306,000
-4.38%
04/17/2026
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
06/12/2025
|
1 Bed
|
1 Bath
|
536 ft²
|
$419,000
1 Bed
1 Bath
536 ft²
|
$400,000
-4.53%
08/08/2025
|
Emily Gan
Boston Value Realty
| |
|
06/11/2024
|
Studio
|
1 Bath
|
429 ft²
|
$369,000
Studio
1 Bath
429 ft²
|
-
-
|
Lisa Loveland
Keller Williams - Boston - Metro
| |
|
11/15/2023
|
Studio
|
1 Bath
|
429 ft²
|
$349,000
Studio
1 Bath
429 ft²
|
-
-
|
Lisa Loveland
Keller Williams - Boston - Metro
| |
|
09/05/2021
|
1 Bed
|
1 Bath
|
536 ft²
|
$399,000
1 Bed
1 Bath
536 ft²
|
$380,000
-4.76%
11/30/2021
|
Rosanna Beauvais
R. S. B. Realty
| |
|
07/29/2021
|
1 Bed
|
1 Bath
|
536 ft²
|
$389,000
1 Bed
1 Bath
536 ft²
|
$369,000
-5.14%
08/30/2021
|
Shu Ngon Chau
Tai Tung Realty, Inc.
| |
|
11/12/2018
|
1 Bed
|
1 Bath
|
536 ft²
|
$359,000
1 Bed
1 Bath
536 ft²
|
$345,000
-3.90%
01/31/2019
|
Derek Wong
V & E Realty
| |
|
10/01/2018
|
1 Bed
|
1 Bath
|
536 ft²
|
$349,900
1 Bed
1 Bath
536 ft²
|
$335,000
-4.26%
12/28/2018
|
Matthew Newhall
Century 21 Tradition - Georgetown
| |
|
03/23/2017
|
Studio
|
1 Bath
|
429 ft²
|
$249,000
Studio
1 Bath
429 ft²
|
$250,000
+0.40%
05/01/2017
|
Keith Magnus
Hillman Homes
| |
|
10/13/2015
|
1 Bed
|
1 Bath
|
536 ft²
|
$269,000
1 Bed
1 Bath
536 ft²
|
$275,000
+2.23%
11/03/2015
|
Liz Dehler
Donnelly + Co.
| |
|
08/26/2011
|
1 Bed
|
1 Bath
|
536 ft²
|
$134,900
1 Bed
1 Bath
536 ft²
|
$132,500
-1.78%
12/21/2011
|
Erik Hook
Compass
| |
|
02/15/2010
|
1 Bed
|
1 Bath
|
536 ft²
|
$187,000
1 Bed
1 Bath
536 ft²
|
$179,000
-4.28%
05/28/2010
|
Mac Chinsomboon
Coldwell Banker Realty - Back Bay
| |
|
01/06/2010
|
1 Bed
|
1 Bath
|
536 ft²
|
$183,000
1 Bed
1 Bath
536 ft²
|
$178,000
-2.73%
02/25/2010
|
Daniel Fabbri
Century 21 Advance Realty
| |
|
09/28/2009
|
1 Bed
|
1 Bath
|
536 ft²
|
$149,900
1 Bed
1 Bath
536 ft²
|
$145,000
-3.27%
12/23/2009
|
Brian Fitzpatrick
Lamacchia Realty, Inc.
| |
|
04/22/2009
|
1 Bed
|
1 Bath
|
536 ft²
|
$185,000
1 Bed
1 Bath
536 ft²
|
$176,000
-4.86%
08/31/2009
|
Alison Belknap
Coldwell Banker Realty - Cambridge
| |
|
04/18/2007
|
1 Bed
|
1 Bath
|
428 ft²
|
$139,900
1 Bed
1 Bath
428 ft²
|
$130,000
-7.08%
07/26/2007
|
Ari Koufos
Bostex Realty
| |
|
10/13/2005
| |
Loft
|
-
|
-
|
$1,395,000
Loft
-
|
$184,000
-86.81%
07/18/2006
|
Paula Dowd
Dowd Properties
|
Building Info
About Winter Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017