375-A Canal St #801 Somerville — Photo 1 of 34
$1,149,000
Investment Analysis — 375-A Canal St #801
Somerville, MA 02145
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02145 carries an estimated $3,350/mo in gross rent — about a 0.80% cap rate and $9,243/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,092
Style
Condominium
Built
2018
Located on the eighth floor of The Alloy, this luxury 2-bed, 2-bath residence with stunning Boston skyline views is situated in a vibrant Somerville community, with a FULL SIZE DEEDED GARAGE SPACE INCLUDED. Floor-to-ceiling living area windows with automatic shades invite natural light throughout, and the private balcony frames breathtaking views of the Boston skyline. The open-concept kitchen features quartz countertops, stainless steel refrigerator and dishwasher, and an externally vented range. Both bedrooms offer ample closet space; the primary includes an oversized en-suite bath with a double vanity. Building amenities include concierge service, a rooftop terrace with Wolf grills, indoor pool, fitness center, media rooms, resident lounge, and dedicated work-from-home spaces. Enjoy local shops, restaurants and entertainment, all steps away from the Alloy building in Assembly Row. Direct Orange Line access and complimentary MGB employee shuttles to MGH/Brigham position this residence as a rare find for healthcare professionals seeking both convenience and quality of life! Water and gas are included in HOA fee. See attached video tour. Text list agent with questions.
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 MLS and other third-party data may be inaccurate or out of date.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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstBalcony - Exterior, Open Floorplan, Recessed Lighting, Flooring - Engineered Hardwood
Dining Room
Lvl FirstRecessed Lighting, Flooring - Engineered Hardwood
Kitchen
Lvl FirstCountertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Flooring - Engineered Hardwood
Master Bedroom
Lvl FirstBathroom - Full, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Harshini Joshi
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73573589
