
7 Lowell Ter #7 Somerville — Photo 1 of 29
$995,000
Investment Analysis — 7 Lowell Ter #7
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 1.83% cap rate and $18,176/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,450
Style
Condominium
Built
1880
Open House Saturday 9/12 and Sunday 9/13 12:00PM-1:30PM. Beautifully renovated in 2018, this 2 bed, 2 bath second and third floor residence offers stylish living in the heart of Magoun Square on a quiet side street, less than one mile from the Green Line at Lowell Street. Enjoy easy access to neighborhood restaurants, I-93, Assembly Row, and Tufts University. A welcoming mudroom with custom cubbies and hooks leads to the sun filled main living level, where an open concept layout is anchored by a spacious living room featuring a stone faced electric fireplace. The eat in kitchen is appointed with quartz countertops, a generous center island, gas cooking, an exterior vented range, and direct access to a private covered balcony. The spacious primary suite offers an attached full bath, while a second bedroom/home office and an additional full bathroom complete this level. Upstairs, the versatile third floor provides excellent flex space for as a third bedroom, recreation room or home gym. Additional highlights include hardwood floors, crown molding, Nest smart thermostats, a small exclusive use outdoor area with storage shed, one deeded off street parking space plus one shared guest space, and an eight year old tankless water heater. The exterior of this well maintained two unit building was freshly painted last summer, and all major systems date to the 2018 renovation.
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
Range • Dishwasher • Disposal • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Oven
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second19.25 x 13.333333333
Flooring - Wood
Dining Room
Lvl Second14.25 x 14.333333333
Kitchen
Lvl Main,Second16 x 10.416666666
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Office
Lvl Third10.416666666 x 9
Master Bedroom
Lvl Second14.416666666 x 13
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second9.5 x 10.583333333
Bathroom 1
Lvl First5.666666666 x 7.916666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: The Synergy Group
Listing Office: The Synergy Group
MLS® Number: 73572998

