46 Highland Ave #1B Somerville — Photo 1 of 25
$550,000
Investment Analysis — 46 Highland Ave #1B
Somerville, MA 02143
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 3.46% cap rate and $19,009/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
942
Style
Condominium
Built
1895
Ideally located between Somerville’s desirable Union Square and Prospect Hill neighborhoods, this two-story condo puts ultimate urban convenience right at your doorstep. Just moments from the MBTA Green Line at Gilman Square Station, commuting is effortless, with local restaurants, cafés, parks, and shops only steps away. Inside, the main level features 9-foot ceilings, exposed brick, a granite and stainless steel kitchen with a cozy breakfast nook or a home office, plus a spacious bedroom and full bath. The lower level offers a second bedroom and a versatile den. Complete with a private entrance, access to a shared backyard, and dedicated private storage. This home offers maximum lifestyle convenience in a premier location. Prefers text or email for 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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Disposal • Microwave • Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Oven
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Family Room
Lvl BasementCloset, Flooring - Vinyl, Recessed Lighting
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood, French Doors, Recessed Lighting
Bedroom 2
Lvl BasementBathroom 1
Lvl FirstBathroom - Full
Property History
$550,000
Sep 9, 2026
MLS® 73574550
$288,000
Mar 15, 2010
MLS® 71037215
$289,000
Feb 24, 2010
MLS® 71037215
Listing Agent: Anne Garcia
Listing Office: Redfin Corp.
MLS® Number: 73574550
