
1246 Broadway #3 Somerville — Photo 1 of 19
Recent Drop: $50,000
$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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First14.5 x 14.333333333
Closet, Flooring - Laminate, Balcony / Deck, Open Floorplan
Kitchen
Lvl First17.25 x 15.083333333
Flooring - Laminate, Stainless Steel Appliances
Office
Lvl First10 x 9.833333333
Flooring - Laminate, Recessed Lighting
Primary Bedroom
Lvl First12.666666666 x 11.416666666
Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Flooring - Laminate, Recessed Lighting
Bedroom 2
Lvl First13.75 x 11
Bathroom 1
Lvl First12.666666666 x 5.333333333
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 2
Lvl First8.75 x 4.833333333
Bathroom - Full, Bathroom - With Tub & Shower, Recessed Lighting
Property History
$949,000
Was $974,900
Sep 8, 2026
MLS® 73561020
$974,900
Was $999,000
Aug 17, 2026
MLS® 73561020
$999,000
Aug 8, 2026
MLS® 73561020
$999,000
Aug 7, 2026
MLS® 73515094
$999,000
May 7, 2026
MLS® 73515094
$4,300
Jul 29, 2025
MLS® 73397854
$4,300
Jun 23, 2025
MLS® 73397854
Listing Agent: The Bill Butler Group
Listing Office: Leading Edge Real Estate
MLS® Number: 73561020
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