Active
31 Days on market
21 School St #1L Somerville — Photo 1 of 37

21 School St #1L Somerville — Photo 1 of 37

Recent Drop: $35,900

$774,900
$739,000

$739,000

Investment Analysis — 21 School St #1L

Somerville, MA 02143 — Union Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02143 carries an estimated $3,470/mo in gross rent — about a 3.27% cap rate and $24,152/yr in estimated NOI at the $739,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,050

Style

Condominium

Built

1870

Where do we start in describing this sun filled, spacious condo? Close to everything yet a peaceful neighborhood feel. This unique home offers beautiful old Somerville charm with modern amenities for today's flexible living. With over 1000 square feet of living space, it's two large bedrooms have plenty of flex space plus large cedar closets. The extra bonus room could be office space, a guest room, gym area or toy room.The Gilman green line stop is less than 1/2 mile while the Union Sq stop is .7 miles away. Along with your range and microwave, the stainless steel appliances include a Fisher & Paykel refrigerator and Bosch dishwasher.This sought after Union Square location has a mobility description of a "Walker's Paradise", "Excellent Transit" & "Very Bike-able". Along with your in unit laundry, gleaming hardwood floors and custom window coverings, you also have terrific outdoor space and it's pet friendly! Your private back deck has a locked gate with private entry to one of Somerville's most perfect zen-like pocket parks. And you have 150 sq feet of private basement space for storage, gym equipment, etc. If that's not enough - Market Basket, cafes, restaurants, bakeries, bus lines and pubs are all nearby. Come see this beauty in person!

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

Original Price$774,900
Annual Taxes$2,800
HOA Fee$391.23

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas, Individual, Unit Control
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
Foundation--
ZoningUR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Public School • T-Station • University

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2
Unknown
Dining RoomBathroom 1
Living Room
Lvl First

18 x 19

Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting, Lighting - Overhead

Dining Room
Lvl null

14 x 8

Flooring - Stone/Ceramic Tile, Open Floorplan, Lighting - Sconce

Kitchen
Lvl First

12 x 11

Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Open Floorplan, Stainless Steel Appliances, Washer Hookup, Gas Stove, Lighting - Pendant, Lighting - Overhead

Master Bedroom
Lvl First

14 x 13

Cedar Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Sconce

Bedroom 2
Lvl First

12 x 10

Bathroom 1
Lvl null

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Marble

Property History

Price Drop
$739,000

Was $774,900

Aug 24, 2026

MLS® 73562948

Listed
$774,900

Aug 12, 2026

MLS® 73562948

Listing Provided By

Listing Agent: Susan Silkes

Listing Office: Leading Edge Real Estate

MLS® Number: 73562948