60 Franklin St #2 Somerville — Photo 1 of 35
$1,399,000
Investment Analysis — 60 Franklin St #2
Somerville, MA 02145
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02145 carries an estimated $4,440/mo in gross rent — about a 1.69% cap rate and $23,705/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,442
Style
Single Family
Built
2026
Contemporary NEW CONSTRUCTION Single Family sized top floor condo in desirable East Somerville with PRIVATE ROOF DECK! Located just minutes from both the Green and Orange Lines, this impressive 4 bedroom, 2.5 bathroom second and third floor residence offers open concept living with thoughtfully selected, high end finishes throughout. Quality craftsmanship is evident at every turn, including premium appliances, a quartz center island, exterior vented range, hardwood floors, and Harvey windows. A walk out roof deck extends the main living level, creating the perfect space for relaxing or entertaining. The private third floor primary suite features double closets, an ensuite bathroom, and an adjacent office. One deeded parking space. Conveniently located near Glen Park, the Somerville Community Garden, the Somerville Community Path, restaurants, major routes, and downtown Boston. Open House Sunday 9/20 12:00PM-1:30PM.
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 2,442 sq ft principal dwelling). Lot size: 5,610 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.
Immersive Experience
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second20 x 24
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Pendant, Flooring - Engineered Hardwood
Kitchen
Lvl Second9 x 20
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Flooring - Engineered Hardwood
Primary Bedroom
Lvl Third15 x 17
Bathroom - Full, Cathedral Ceiling(s), Vaulted Ceiling(s), Closet - Linen, Walk-In Closet(s), Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood
Bedroom 2
Lvl Second9 x 10
Bedroom 3
Lvl Second10 x 10
Closet, Flooring - Hardwood, Recessed Lighting, Flooring - Engineered Hardwood
Bedroom 4
Lvl Second15 x 13
Closet, Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting, Flooring - Engineered Hardwood
Bathroom 1
Lvl Second6 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 2
Lvl Second6 x 8
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 3
Lvl Third9 x 8
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Property History
$1,399,000
Sep 17, 2026
MLS® 73579134
$1,399,000
Jul 8, 2026
MLS® 73546704
Listing Agent: The Synergy Group
Listing Office: The Synergy Group
MLS® Number: 73579134
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