$711,000
●
Condo -
Off Market
96 Ossipee #2
Somerville, MA 02144
3 Beds
3 Baths,
1
Half Bath
1,604 Ft²
$1,316,121
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model
About This Property
Beautiful gut renovation of classic Two Family! Located
between Davis and Teele Squares, You can quickly get to the
shops and the Red Line in under 8 minutes. Enjoy two levels
of living and over 1600 sq ft! You are going to have to wear
your sunglasses indoors because this unit get TONS of natural
light. A truly open concept as the kitchen which has "White
Ice" Granite Countertops, Maple Ivery Cabinetry, Frigidaire
Stainless Steel Appliances and Tiled Backsplash flows seamlessly
into living room, then into the dining room. The main living
level also has the master bedroom on this floor which has a walk in
closet, a marble tiled bathroom, and a stunning glass shower door.
One of the many bonuses of this unit is the "back room" which
could be used as an office, TV room, or library. By the
entrance there is a beautiful staircase leading to the third floor
where there are two very large bedrooms with cathedral ceilings and
another bathroom w/ a glass shower door. Everything is NEW!
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$430
Property Type
Condo
Property Taxes
$764
HOA Dues
$150
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: 4 years ago (MLSPIN #71589249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Jun 15, 2016 | Listed by Coldwell Banker Realty - Cambridge | $789,900 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
| | |||
|
This 2013 tastefully gut-renovated 3 bedroom condo offers the best of location and quiet comfort. The open floor plan allows for modern living and the renovation offers peace-of-mind for decades to come. Feel at home on this quiet tree-lined street and enjoy the walk to Teele Square, Davis Square, or Tufts University, any of which are within 10 minutes. The 3 large sun filled bedrooms, plus an office make for an extremely versatile space, and the access to public transportation, and 2 parking spaces make this a premium commuter location, no matter how you commute.
| |||
| Dec 2, 2013 | Sold | ||
| Sold | |||
| Sep 26, 2013 | Listed by Coldwell Banker Realty - Cambridge | $689,900 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled
Level: Second
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Marble, Countertops - Stone/Granite/Solid
Level: Third
Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: Third
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Level: Second
Features: Bathroom - Half, Closet - Linen, Flooring - Marble, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup
Level: Second
Features: Bathroom - 3/4, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: Second
Level: Second
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Third
Level: Second
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Office
Appliances: Disposal, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range - ENERGY STAR, Oven - ENERGY STAR, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Marble, Hardwood, Flooring - Hardwood
Laundry Features: Second Floor, Washer Hookup
Rooms: 7
Basement: N
Parking Details
Parking Features: Off Street, Tandem
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual, Finished, Never Occupied
PropertySubType: Condominium
Building Name: 96 Ossipee
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Window(s) - Bay/Bow/Box, Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: Unknown
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: RA
Parcel Number: 748578
Water Source: Public
Financial Details
Tax Assessed Value: $682,900
Tax Annual Amount: $9,164
Utilities Details
Utilities: for Gas Range, for Gas Oven, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
Association Fee Frequency: Monthly
HOA Fee: $150
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
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 |
|---|---|---|---|---|---|---|---|
|
03/02/2022
|
2 Bed
|
2 Bath
|
1446 ft²
|
$895,000
2 Bed
2 Bath
1446 ft²
|
$925,000
+3.35%
04/19/2022
|
Denman Drapkin Group
Compass
| |
|
06/15/2016
|
3 Bed
|
3 Bath
|
1606 ft²
|
$789,900
3 Bed
3 Bath
1606 ft²
|
$850,000
+7.61%
07/29/2016
|
Sara Rosenfeld
Coldwell Banker Realty - Cambridge
| |
|
09/26/2013
|
3 Bed
|
3 Bath
|
1604 ft²
|
$689,900
3 Bed
3 Bath
1604 ft²
|
$711,000
+3.06%
12/02/2013
|
Ryan Covino
RE/MAX Leading Edge
| |
|
09/26/2013
|
3 Bed
|
2 Bath
|
1446 ft²
|
$549,900
3 Bed
2 Bath
1446 ft²
|
$549,900
11/26/2013
|
Ryan Covino
RE/MAX Leading Edge
| |
|
12/09/2012
| |
5 Bed
|
3 Bath
|
3273 ft²
|
$699,000
5 Bed
3 Bath
3273 ft²
|
$660,000
-5.58%
04/04/2013
|
John Buccelli
Berkshire Hathaway HomeServices Verani Realty
|
Building Info
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