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4 Days on market
561A Broadway #2 Somerville — Photo 1 of 20

561A Broadway #2 Somerville — Photo 1 of 20

$799,000

Investment Analysis — 561A Broadway #2

Somerville, MA 02145 — Ball Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02145 carries an estimated $4,020/mo in gross rent — about a 3.16% cap rate and $25,242/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

933

Style

Condominium

Built

1920

Conveniently located between the Ball Sq. and Magoun Sq. Green Line stations and directly across from Trum Field, this roomy and well-appointed 2+-bedroom, 1 1/2 bathroom condo has a lot to offer.  Amenities include central air; large front and side porches; in-unit laundry; open living/dining/kitchen; wood floors; tiled baths; third bedroom/office; large windows; recessed and track lighting; large private basement storage area; and TWO side by side (not tandem) parking spaces at the rear of the building labeled A2. This central location is within walking distance of the shops and restaurants at Ball, Magoun, Davis, and Porter Sqs.; bike paths to Boston to the east and Davis Sq./Alewife/suburbs to the west; several parks; and more. Easy access to highways and Logan Airport.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$799,000
Annual Taxes$6,284
HOA Fee$428

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningUR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl Second

15 x 15

Flooring - Wood

Dining Room
Lvl Second

Flooring - Wood

Kitchen
Lvl Second

15 x 14

Flooring - Wood

Primary Bedroom
Lvl Second

10 x 13

Flooring - Wood

Bedroom 2
Lvl Second

13 x 11

Bedroom 3
Lvl Second

9 x 9

Bathroom 1
Lvl Second

5 x 4

Bathroom - Half

Bathroom 2
Lvl Second

5 x 9

Bathroom - Full

Listing Provided By

Listing Agent: Thalia C. Tringo

Listing Office: Thalia Tringo & Associates Real Estate, Inc.

MLS® Number: 73578604