1
Map
$295,000
●
Condo -
Off Market
9 Everett Avenue #5
Somerville, MA 02145
2 Beds
2 Baths
1,081 Ft²
$1,884
Est. Monthly
$180
HOA / Fees
9.63%
Cap Rate
About This Property
This 6 unit association was built brand new from the ground up in
2007. 4 of the 6 units are owner occupied. There are gleaming
hardwood floors throughout. The kitchen features maple cabinets,
granite counters, stainless steel appliances and gas cooking. There
are two bedrooms, 2 bathrooms, 2 decks and amazing cathedral
ceilings. The unit has gas heat and central AC. There is a great
back yard ideal for cook outs. The basement features private
storage and common laundry. A great value at $299K!
Unit Size
1,081 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$273
Property Type
Condo
Property Taxes
$255
HOA Dues
$180
Year Built
-
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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: 3 months ago (MLSPIN #71136214)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2010 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $295,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
| Feb 28, 2008 | Sold | ||
| Sold | |||
| Sep 13, 2007 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $269,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
| | |||
|
Welcome to the best starter condo value in the city. Brand new construction from the ground up, the amenities you expect in higher priced units: central air, granite and stainless kitchens, oak hardwood thru out, ample bsmt storage room, maintanaince free exterior with andersen windows. Unit includes deeded porch, access to common rear yardspace. This unit features master bedroom suite and super high loft-like ceiling.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: On Street
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s)
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Hardwood
Laundry Features: In Basement
Rooms: 7
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1081
Security Features: Intercom
Year Built Source: Public Records
Year Built: 2007
Building Name: 9 Everett Avenue Condominium
Building Area Total: 1081
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4800
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $248,300
Tax Annual Amount: $3,054
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds
HOA/Condo/Coop Amenities: Garden Area
HOA Fee: $180
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 |
|---|---|---|---|---|---|---|---|
|
09/20/2017
|
2 Bed
|
1 Bath
|
804 ft²
|
$398,000
2 Bed
1 Bath
804 ft²
|
$435,000
+9.30%
10/18/2017
|
Lauren Holleran
Hammond Real Estate
| |
|
10/29/2015
|
2 Bed
|
2 Bath
|
1087 ft²
|
$410,000
2 Bed
2 Bath
1087 ft²
|
$441,000
+7.56%
12/18/2015
|
Judith Paradis
Compass
| |
|
08/08/2012
|
2 Bed
|
1 Bath
|
804 ft²
|
$229,900
2 Bed
1 Bath
804 ft²
|
$223,000
-3.00%
11/19/2012
|
Debra Agliano
RE/MAX Andrew Realty Services
| |
|
01/18/2011
|
2 Bed
|
2 Bath
|
1081 ft²
|
$289,000
2 Bed
2 Bath
1081 ft²
|
$279,000
-3.46%
06/01/2011
|
John O'Connor
Mary Foley Real Estate
| |
|
08/31/2010
|
2 Bed
|
2 Bath
|
1081 ft²
|
$295,000
2 Bed
2 Bath
1081 ft²
|
-
-
|
John O'Connor
Mary Foley Real Estate
| |
|
04/15/2010
|
2 Bed
|
2 Bath
|
1081 ft²
|
$299,777
2 Bed
2 Bath
1081 ft²
|
$287,500
-4.10%
08/05/2010
|
Frank Dascoli
Century 21 North East
| |
|
06/13/2008
|
2 Bed
|
1 Bath
|
850 ft²
|
$219,000
2 Bed
1 Bath
850 ft²
|
$212,000
-3.20%
08/29/2008
|
Scott Kenton
SKC Properties
| |
|
03/13/2008
|
2 Bed
|
1 Bath
|
875 ft²
|
$239,000
2 Bed
1 Bath
875 ft²
|
$229,000
-4.18%
05/21/2008
|
Scott Kenton
SKC Properties
| |
|
03/08/2008
|
2 Bed
|
1 Bath
|
875 ft²
|
$234,000
2 Bed
1 Bath
875 ft²
|
$215,000
-8.12%
04/30/2008
|
Scott Kenton
SKC Properties
| |
|
09/13/2007
|
2 Bed
|
1 Bath
|
1200 ft²
|
$269,000
2 Bed
1 Bath
1200 ft²
|
$269,000
02/28/2008
|
Scott Kenton
SKC Properties
| |
|
09/13/2007
|
2 Bed
|
1 Bath
|
875 ft²
|
$239,000
2 Bed
1 Bath
875 ft²
|
$224,000
-6.28%
04/30/2008
|
Scott Kenton
SKC Properties
| |
|
09/13/2007
|
2 Bed
|
1 Bath
|
1200 ft²
|
$279,000
2 Bed
1 Bath
1200 ft²
|
$279,000
04/11/2008
|
Scott Kenton
SKC Properties
|
Building Info
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