Active
126 Days on market
29 Hanson St #1 Somerville — Photo 1 of 39

29 Hanson St #1 Somerville — Photo 1 of 39

Recent Drop: $150,000

$1,200,000
$1,050,000

$1,050,000

Investment Analysis — 29 Hanson St #1

Somerville, MA 02143

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02143 carries an estimated $4,160/mo in gross rent — about a 2.54% cap rate and $26,624/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,729

Style

Condominium

Built

1900

New photos* Searching for a two-bedroom condo with exclusive fenced outdoor space, ample parking, and a bonus living area all to yourself? This unique opportunity delivers exactly that. The main level offers a beautifully updated kitchen and bath across two bedrooms — everything you need for comfortable, low-maintenance condo living. But what truly sets this home apart is the completely separate lower level, featuring its own bedroom, living room, full kitchen, and bathroom — a private bonus space perfect for guests, extended family, a home office, or additional income potential. Step outside to your own private outdoor retreat with a thriving grape vine and generous space to do whatever you would like, ideal for morning coffee or simply unwinding in peace. Three parking spaces including a garage round out this exceptional package — a rare find this close to Boston. Meticulously maintained throughout, this property delivers the charm, privacy, and flexibility that is nearly impossible to find in today's condo market. Located just minutes from Boston, public transportation, shops, and restaurants — all the convenience of the city with the space and privacy you deserve.

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

Original Price$1,200,000
Annual Taxes$8,315
HOA Fee$250

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber, Metal
Foundation--
Zoning0

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • T-Station

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining Room
Basement
Family RoomBedroom 3Bathroom 2
Main,First
KitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

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

Dining Room
Lvl First

Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Pendant

Kitchen
Lvl Main,First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Exterior Access, Open Floorplan, Stainless Steel Appliances, Gas Stove, Lighting - Pendant

Family Room
Lvl Basement

Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Exterior Access

Master Bedroom
Lvl Main,First

Closet, Flooring - Hardwood, Lighting - Pendant

Bedroom 2
Lvl Main,First
Bedroom 3
Lvl Basement

Walk-In Closet(s), Flooring - Stone/Ceramic Tile

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Lighting - Pendant

Bathroom 2
Lvl Basement

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Pendant

Property History

Price Drop
$1,050,000

Was $1,150,000

Sep 9, 2026

MLS® 73515577

Price Drop
$1,150,000

Was $1,200,000

Jul 26, 2026

MLS® 73515577

Listed
$1,200,000

May 9, 2026

MLS® 73515577

Listing Provided By

Listing Agent: Samantha Edwards

Listing Office: Compass

MLS® Number: 73515577