15
Map
91 Summer St #3
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.
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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 |
|---|---|---|---|
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed | $600,000 | |
| Listed | |||
Property Highlights
91 Summer St #3, Somerville, MA, 02143
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/18/2022
|
2 Bed
|
2 Bath
|
800 ft²
|
$649,900
2 Bed
2 Bath
800 ft²
|
$649,900
07/14/2022
|
-
|
Robin Doherty
Keller Williams Realty Boston Northwest
| |
|
03/19/2019
|
2 Bed
|
2 Bath
|
800 ft²
|
$574,900
2 Bed
2 Bath
800 ft²
|
$606,000
+5.41%
06/04/2019
|
-
|
Paul Santucci
True North Realty
| |
|
04/25/2014
|
2 Bed
|
1 Bath
|
875 ft²
|
$379,000
2 Bed
1 Bath
875 ft²
|
$395,000
+4.22%
07/09/2014
|
-
|
Audrey Miller
Audrey Miller Real Estate, LLC
| |
|
04/04/2011
|
2 Bed
|
2 Bath
|
800 ft²
|
$309,900
2 Bed
2 Bath
800 ft²
|
$299,900
-3.23%
08/02/2011
|
-
|
Damian Musello
JCalderon Realty
| |
|
03/30/2009
|
2 Bed
|
1 Bath
|
1144 ft²
|
$375,000
2 Bed
1 Bath
1144 ft²
|
$364,000
-2.93%
07/14/2009
|
-
|
April Bradshaw
Boston and Cambridge Homes LLC
| |
|
02/04/2005
|
2 Bed
|
1 Bath
|
1144 ft²
|
$379,900
2 Bed
1 Bath
1144 ft²
|
$377,000
-0.76%
07/18/2005
|
-
|
Lisa Mediano
Mediano Real Estate
| |
|
03/02/2004
|
Studio
|
1 Bath
|
566 ft²
|
$209,900
Studio
1 Bath
566 ft²
|
$211,000
+0.52%
04/23/2004
|
-
|
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
05/10/2003
|
Studio
|
1 Bath
|
566 ft²
|
$189,000
Studio
1 Bath
566 ft²
|
$189,000
06/26/2003
|
-
|
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/05/1999
|
2 Bed
|
2 Bath
|
800 ft²
|
$159,900
2 Bed
2 Bath
800 ft²
|
$158,000
-1.19%
08/02/1999
|
-
|
Maggie O Reilly
Maggie O Reilly
| |
|
06/30/1997
|
1 Bed
|
1 Bath
|
566 ft²
|
$54,900
1 Bed
1 Bath
566 ft²
|
$54,900
09/12/1997
|
-
|
Patricia Ng
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
