60 Franklin St #3 Somerville — Photo 1 of 32
$1,149,000
Investment Analysis — 60 Franklin St #3
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 1.99% cap rate and $22,874/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,700
Style
Single Family
Built
2026
Contemporary NEW CONSTRUCTION condo that lives like a single family in desirable East Somerville, just minutes from both the Green and Orange Lines. This impressive 3 bedroom, 2.5 bathroom residence offers three levels of finished living space with thoughtfully selected high end finishes, hardwood floors, and Harvey windows throughout. The main level features a bright living room with an electric fireplace and private side deck, opening to an elegant kitchen with premium appliances, quartz center island, and exterior vented range. Upstairs highlights, two bedrooms include one with cathedral ceilings and a walk in closet, along with a full bathroom. The finished lower level offers valuable flex space with a spacious family room that doubles as a bedroom, featuring a wet bar and beverage cooler, plus a full bathroom. One deeded parking space. Enjoy easy access to Glen Park, the Somerville Community Garden, Somerville Community Path, local restaurants, major commuter routes, and downtown Boston. Open House Saturday 9/12 and Sunday 9/13 12:00PM to 1:30PM.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 850 sq ft (the lesser of 900 sq ft or half the 1,700 sq ft principal dwelling). Lot size: 5,610 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Pendant, Flooring - Engineered Hardwood
Kitchen
Lvl Main,FirstFlooring - Hardwood, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Lighting - Pendant, Flooring - Engineered Hardwood
Family Room
Lvl Basement21.166666666 x 21.166666666
Bathroom - Full, Closet, Flooring - Hardwood, Wet Bar
Primary Bedroom
Lvl Second12.833333333 x 16.25
Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood
Bedroom 2
Lvl Second9.416666666 x 11
Bathroom 1
Lvl First6 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce
Bathroom 2
Lvl Second5 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce
Bathroom 3
Lvl Basement8.416666666 x 4.666666666
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce
Property History
$1,149,000
Sep 9, 2026
MLS® 73574340
$1,149,000
Sep 9, 2026
MLS® 73574100
Listing Agent: The Synergy Group
Listing Office: The Synergy Group
MLS® Number: 73574340
