Active
44 Days on market
1246 Broadway #3 Somerville — Photo 1 of 19

1246 Broadway #3 Somerville — Photo 1 of 19

Recent Drop: $50,000

$999,000
$949,000

$949,000

Investment Analysis — 1246 Broadway #3

Somerville, MA 02144

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02144 carries an estimated $3,640/mo in gross rent — about a 1.79% cap rate and $17,026/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,291

Style

Condominium

Built

2021

LEAVE THE CAR AT HOME. Enjoy easy access to Cambridge, Boston, Arlington and the Red Line, with convenient bus service right outside your door, then come home to a sun-filled top-floor corner residence offering exceptional privacy, treetop views and no neighbors above. This beautifully designed 2-bedroom, 2-bath home with a dedicated home office, private balcony and deeded covered parking offers a rare combination of space, light and convenience in Somerville. Oversized windows on multiple exposures and soaring ceilings fill the open-concept living and dining areas with natural light. The chef-inspired kitchen features quartz countertops, premium stainless steel appliances, abundant cabinetry and an oversized island perfect for entertaining or everyday living. The spacious primary suite offers an ensuite bath and generous walk-in closet, while the second bedroom, full guest bath and separate home office provide flexibility for guests, remote work or creative space. Step onto your private balcony for morning coffee or an escape above the neighborhood. Additional conveniences include central air, in-unit laundry, basement storage and deeded covered parking. Ideally situated near Teele Square, Davis Square and Tufts University, with neighborhood cafés, restaurants, parks and commuter routes nearby. Convenient bus service - MBTA bus line 87 - outside the building provides another easy connection toward the Red Line, Cambridge and Boston. Come upstairs and discover the privacy, light and views that make top-floor living worth it.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$999,000
Annual Taxes$11,827
HOA Fee$362

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Laminate
BasementY

Climate & Utilities

HeatingHeat Pump, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenOfficePrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

14.5 x 14.333333333

Closet, Flooring - Laminate, Balcony / Deck, Open Floorplan

Kitchen
Lvl First

17.25 x 15.083333333

Flooring - Laminate, Stainless Steel Appliances

Office
Lvl First

10 x 9.833333333

Flooring - Laminate, Recessed Lighting

Primary Bedroom
Lvl First

12.666666666 x 11.416666666

Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Flooring - Laminate, Recessed Lighting

Bedroom 2
Lvl First

13.75 x 11

Bathroom 1
Lvl First

12.666666666 x 5.333333333

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 2
Lvl First

8.75 x 4.833333333

Bathroom - Full, Bathroom - With Tub & Shower, Recessed Lighting

Property History

Price Drop
$949,000

Was $974,900

Sep 8, 2026

MLS® 73561020

Price Drop
$974,900

Was $999,000

Aug 17, 2026

MLS® 73561020

Listed
$999,000

Aug 8, 2026

MLS® 73561020

Expired
$999,000

Aug 7, 2026

MLS® 73515094

Listed
$999,000

May 7, 2026

MLS® 73515094

Sold
$4,300

Jul 29, 2025

MLS® 73397854

Listed
$4,300

Jun 23, 2025

MLS® 73397854

Listing Provided By

Listing Agent: The Bill Butler Group

Listing Office: Leading Edge Real Estate

MLS® Number: 73561020