17 Porter St U:1 Somerville — Photo 1 of 24
$2,495,000
Investment Analysis — 17 Porter St U:1
Somerville, MA 02143 — Union Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02143 carries an estimated $4,590/mo in gross rent — about a 0.90% cap rate and $22,461/yr in estimated NOI at the $2,495,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
2,916
Style
Single Family
Built
2019
Exceptional build quality and tasteful contemporary design. This home offers soaring ceilings and large windows flooding the home with natural light. Generously proportioned rooms complemented by wide hallways and staircases create a comfortable flow. Thoughtfully designed kitchen and bathrooms. Gas fireplace. Attached two car garage. Professionally landscaped. Monitored fire suppression system, Smart home design with integrated Bluetooth speakers. Second floor laundry. Located within close proximity to Harvard University campus. Inquire for private showings.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,916 sq ft principal dwelling). Lot size: 6,870 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Water Treatment
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Public Transportation • Shopping • Highway Access • Public School • T-Station • University
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Listing Agent: James Lowenstern
Listing Office: eXp Realty LLC
MLS® Number: 73563661
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