
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second15 x 15
Flooring - Wood
Dining Room
Lvl SecondFlooring - Wood
Kitchen
Lvl Second15 x 14
Flooring - Wood
Primary Bedroom
Lvl Second10 x 13
Flooring - Wood
Bedroom 2
Lvl Second13 x 11
Bedroom 3
Lvl Second9 x 9
Bathroom 1
Lvl Second5 x 4
Bathroom - Half
Bathroom 2
Lvl Second5 x 9
Bathroom - Full
Listing Agent: Thalia C. Tringo
Listing Office: Thalia Tringo & Associates Real Estate, Inc.
MLS® Number: 73578604
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