893 Broadway #2
About This Property
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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.
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Thalia Tringo & Associates Real Estate, Inc. | $1,395,000 | |
| Listed by Thalia Tringo & Associates Real Estate, Inc. | |||
| | |||
|
Beautifully appointed 2-level condo w/4 bds + 3.5 baths offers spacious + stylish living, private porch + yd spaces, exclusive garage + driveway pkg - all in close proximity to Davis + Ball Sqs. Prvt entry leads to 2nd fl landing w/built-in bench, closet, door to front porch, + ½ bath. Open LR/DR/kitchen spans the length of the house, flanked by windows + wood fp. The bright chef’s kitchen has stone counters; ss d/w, fridge, 6-burner gas range w/vent hood, wall microwave; ample cabinets; lg island w/seating + storage; door to back porch. A bedroom/office w/en-suite full bath complete the floor. Upstairs, the 3rd floor offers a second bedroom w/walk-in closet + en-suite full bath w/heated fl; 2 addt'l bedrooms; full bath w/double sinks; laundry; + 2 lg storage rm. Bonus room in finished bsmt is suitable for a playroom, workout area, or office. Walk to eateries, shops, theaters, Red Line + GLX subways, + bike paths in Davis, Ball, + Teele Sqs. Near hwys, airport, Tufts, MIT, + Harvard.
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| Dec 29, 2016 | Sold | ||
| Sold | |||
| Aug 10, 2016 | Listed by Coldwell Banker Residential Brokerage - Cambridge | $1,075,000 | |
| Listed by Coldwell Banker Residential Brokerage - Cambridge | |||
| | |||
|
Absolutely nothing like this in Somerville! STUNNING HOME on 2nd & 3rd floors. Nothing spared in this OPEN FLOOR PLAN renovation with elements of Victorian & Contemporary Architectural Styles. AWARD-WINNING KITCHEN begs for memorable entertaining with a massive island, top-of-the-line appliances w/ six burner WOLF Range. Comfortable dining for 8. Or perhaps you'll relish a quiet evening in front of the WOOD BURNING FIREPLACE in the living room with a favorite book. The adjacent on-suite can be a PERFECT HOME OFFICE. Plus 2nd Master suite with MULTI JETTED SHOWER, 2 more bedrooms, a 3rd full bath, laundry and CAVERNOUS ALCOVE STORAGE on upper level. But there's more ... Front & back decks. Theatre/workout/man cave/office in the finished lower level, crown moldings, NEST Thermostats, Intercom Video Doorbell, ELFA Closet Storage Systems. Fabulous Broadway location - 8 min stroll to Davis Sq! What's not to love ... all this + an OVERSIZE GARAGE plus deeded OFF-STREET PARKING.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/20/2024
|
4 Bed
|
4 Bath
|
2264 ft²
|
$1,395,000
4 Bed
4 Bath
2264 ft²
|
$1,390,000
-0.36%
02/07/2025
|
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
| |
|
08/10/2016
|
4 Bed
|
3 Bath
|
2250 ft²
|
$1,075,000
4 Bed
3 Bath
2250 ft²
|
$1,047,500
-2.56%
12/29/2016
|
Peter Cote
Coldwell Banker Realty - Cambridge
| |
|
03/17/2016
|
3 Bed
|
2 Bath
|
2050 ft²
|
$979,900
3 Bed
2 Bath
2050 ft²
|
$955,000
-2.54%
07/14/2016
|
Kim Augusta
RE/MAX Leading Edge
| |
|
07/23/2015
| |
8 Bed
|
2 Bath
|
4002 ft²
|
$1,150,000
8 Bed
2 Bath
4002 ft²
|
$1,115,000
-3.04%
09/25/2015
|
The Rental Team
Hayden Rowe Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017