42 Cedar St #3 Somerville — Photo 1 of 39
$519,900
Investment Analysis — 42 Cedar St #3
Somerville, MA 02143
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02143 carries an estimated $2,920/mo in gross rent — about a 3.61% cap rate and $18,788/yr in estimated NOI at the $519,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
790
Style
Condominium
Built
1910
Move-in-ready sunny 1 bed/1 bath top floor condo in a premium Porter Square location, just 2 blocks to Porter Square Red Line T Station, and walking distance to Davis Square, Harvard Square and the Green Line extension in Magoun Square. This open-concept unit features hardwood floors, a dining area w/ convenient home office nook, custom closets in both the bedroom & living room, & laundry tucked neatly into a bedroom closet. Central air adds year-round comfort, while the shared rear deck & gorgeous backyard provide inviting outdoor space. Additional locked basement storage offers valuable extra space. Ideally located near coffee shops, yoga studios, restaurants, bike path & commuter connections, offering the best of Somerville & Cambridge just outside your door. First showing at the first Open House on Saturday, 9/19, from 1:30 PM- 3:00 PM - No Exceptions. Offers are due by Wednesday, 9/23, at 12:00 PM.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer/Dryer
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third16 x 15
Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Third13 x 10
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Third11 x 10
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl Third14 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Third7 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Team Ladner
Listing Office: RE/MAX Harmony
MLS® Number: 73578666
Open Houses
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