$1,092,000
●
Condo -
Off Market
8 Appleton Street #2
Somerville, MA 02144
3 Beds
2 Baths
1,303 Ft²
$1,536,640
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model
About This Property
Contemporary, sleek, and elegant. Davis Square's latest luxury
condo project is a new construction 3-unit project by Boston
Investments with renowned Peter Quinn Architects & Best of Boston's
Stack + Co construction, all known for unique modern design and
development. This top floor condo has an open plan with a cathedral
ceiling, exposed beams & a great flow. The kitchen and bathrooms
include beautifully curated Porcelanosa tile, marble style quartz
counters, gorgeous statement light fixtures, & top of the line
designer finishes. Soft white hardwood floors, high ceilings &
oversized windows make for an exceptionally light filled space,
while the oversized private deck off the kitchen is an extra room
in 3 seasons! The rear of the property offers a private yard space
(great for grilling!) & an off street parking space. Just a ½ mile
walk to shops, restaurants & the red line MBTA make Appleton @
Davis ideal for today's modern lifestyle.
Unit Size
1,303 Ft²
Days on Market
-
Land Size
-
Price per sqft
$825
Property Type
Condo
Property Taxes
$378
HOA Dues
$250
Year Built
2018
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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: 5 years ago (MLSPIN #72455433)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2019 | Sold | ||
| Sold | |||
| Feb 20, 2019 | Listed by Compass | $1,075,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Features: Yes
Full Bathrooms: 2
Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Cooktop, Range - ENERGY STAR, Gas Water Heater, Tank Water Heaterless, Plumbed For Ice Maker, Utility Connections for Electric Dryer
Flooring Type: Tile, Engineered Hardwood
Laundry Features: Third Floor, In Unit, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Has Property Attached
Entry Level: 3
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Appleton@davis
Structure Type: 2/3 Family, Attached
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: 750304
Water Source: Public
Financial Details
Tax Assessed Value: $9,999,999
Tax Annual Amount: $4,532
Utilities Details
Utilities: for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, Unit Control
Heating Type: Central, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $250
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
02/20/2019
|
3 Bed
|
4 Bath
|
2183 ft²
|
$1,395,000
3 Bed
4 Bath
2183 ft²
|
$1,390,000
-0.36%
05/01/2019
|
John Haberis
Boston Realty Relocations
| |
|
02/20/2019
|
3 Bed
|
2 Bath
|
1303 ft²
|
$1,075,000
3 Bed
2 Bath
1303 ft²
|
$1,092,000
+1.58%
05/03/2019
|
Denman Drapkin Group
Compass
| |
|
03/11/2011
| |
9 Bed
|
4 Bath
|
4068 ft²
|
$838,876
9 Bed
4 Bath
4068 ft²
|
$775,000
-7.61%
05/12/2011
|
Suzanne Berner
Prudential Buccelli Real Estate, Inc.
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017