36-38 Fenwick St #38 Somerville — Photo 1 of 27
$1,375,000
Investment Analysis — 36-38 Fenwick St #38
Somerville, MA 02145
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 1.65% cap rate and $22,709/yr in estimated NOI at the $1,375,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
1,965
Style
Condominium
Built
1900
Charming and inviting, within .5 miles of the green line. This meticulously maintained home offers a blend of modern updates and classic charm, creating a warm and inviting atmosphere. Boasting three bedrooms and three bathrooms, this residence is perfect for those seeking a comfortable urban lifestyle. The open-concept living area features a stylish kitchen with quartz counters and stainless steel appliances, flowing seamlessly into the spacious living and dining spaces, ideal for entertaining guests. The bedrooms provide ample space and natural light, while the bathrooms showcase tasteful finishes. Additional highlights include hardwood floors, central A/C,exclusive use driveway and a private, fenced, backyard, perfect for relaxation and breezy rooftop deck to overlook the city lights. Nestled in a desirable neighborhood, just moments from assembly row,l ocal shops, restaurants, and public transportation. This home offers convenience and a vibrant community atmosphere
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Myles Couyoumjian
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73573404
