901 Broadway, Somerville MA 02144

Somerville, MA 02144
$1,265,000
Est. $7,591/month
6
Beds
2.5
Baths
3,198
Sq Ft
$396
Price/Sq Ft
0.09
Acres
1920
Year Built
52
Days on Market
Closed Listed Oct 15, 2020 • MLS# 72743629 Copied!

About this home

Located 0.4 Miles to Davis Sq Red Line T Stop and 3 blocks from Tufts University, this large 2 family home is perfect for an owner-occupant looking for monthly income or an investor seeking a great rental property. Approximately 3200 square feet of living space plus a full unfinished basement provide potential for additional expansion. First floor unit provides 2 bedrooms, 1 bath, eat-in kitchen with access to back porch and yard. The second unit spans 2 floors with a unique and flexible floor plan, featuring 4 bedrooms, 1.5 baths, in-units laundry, ample storage and original detail. Currently used and assessed as a two family, this home was originally purchased as a three-family home and customized by seller. Utility service for 3 units, electric and gas hook-up are still in place. Off street parking for 4 vehicles, rear yard with storage shed complete this rare offering.

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,198 sq ft
Total Rooms
12
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $1,375,000
Final Sale Price: $1,265,000
Difference: $110,000 (-8.0%)
Performance Metrics
92.0%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $430
Sale $/sq ft: $396
This property sold for $396 per square foot
Sale Summary

This property sold for 8.0% below the original asking price.

The property spent 52 days on market before selling.

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1920
Living Area 3,198 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 2
Half Baths 1
Total Rooms 12

Interior

Heating None
Cooling None
Flooring Wood, Tile, Carpet
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Unfinished
Laundry None
Features None

Exterior

Construction Frame, Stone
Architecture None
Roof Shingle, Slate
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood

Parking

Features Paved Drive, Off Street, Tandem
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,931
Assessed Value $1,182,500

Interior Features

Flooring: Wood, Tile, Carpet
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame, Stone
Roof: Shingle, Slate
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Tandem

Location

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Neighborhood

901 Broadway, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $994
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.6%
Price Range
53
Total Days on Market

Property Timeline

Sold
Jan 27, 2021
$1,265,000
Property sold
Days on Market: 53
🏠
Listed for Sale
Oct 15, 2020
$1,299,000
Original listing
Agent: Borislav Kusturic Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Oct 15, 2020 New Listing Added $1,299,000

Market Statistics

Days on Market
52 days
Price per Sq Ft
$396

Tax History

Year Taxes Assessment
2020 $11,931 $1,182,500

Financial Details

Annual Property Tax
$11,931
Tax Year 2020
Assessed Value
$1,182,500

Listing Information

Listing Agent Borislav Kusturic
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID CN220050
Office MLS ID AN6200

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