142 Cross St Somerville — Photo 1 of 16
Recent Drop: $200,000
$749,900
Investment Analysis — 142 Cross St
Somerville, MA 02145
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02145 carries an estimated $2,690/mo in gross rent — about a 1.59% cap rate and $11,959/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
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Excellent development opportunity in Somerville, just 0.3 miles from East Somerville Green Line Station, on the bike path and great proximity to East Cambridge and downtown Boston. Located on the edge of the rapidly growing Inner Belt neighborhood, this ZBA-approved 3-unit condo project is ideal for developers or end users looking to create a community and build equity. The first floor unit features 4 beds and 2 baths (2843 SF); the middle unit offers 3 beds and 2 baths (1383 SF); and the penthouse unit includes 3 beds, 2.5 baths, and a roof deck (1590 SF including roof deck. The project comes with all site and architectural plans which are approved by the ZBA and is awaiting traffic plan analysis for final special building permit approval. Seller open to offers subject to building permit approval. Full package available upon request.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Highway Access
Geography
Property History
$749,900
Was $799,900
Aug 28, 2026
MLS® 73444213
$799,900
Was $849,900
Jun 29, 2026
MLS® 73444213
$849,900
Was $899,900
May 12, 2026
MLS® 73444213
$899,900
Was $929,900
Apr 9, 2026
MLS® 73444213
$929,900
Was $949,900
Dec 5, 2025
MLS® 73444213
$949,900
Oct 15, 2025
MLS® 73444213
$975,000
Dec 31, 2024
MLS® 73277152
$975,000
Aug 13, 2024
MLS® 73277152
$495,000
Jan 31, 2008
MLS® 70579996
$200,000
Jul 20, 2007
MLS® 70605084
$200,000
Jun 26, 2007
MLS® 70605084
$495,000
May 16, 2007
MLS® 70579996
Listing Agent: Brian J. Fitzpatrick
Listing Office: Coldwell Banker Realty - Waltham
MLS® Number: 73444213
