9-11 Carter Terrace Somerville — Photo 1 of 35
$999,900
Investment Analysis — 9-11 Carter Terrace
Somerville, MA 02143 — Spring Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02143 carries an estimated $7,630/mo in gross rent — about a 5.75% cap rate and $57,516/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,397
Style
2 Family - 2 Units Up/Down
Built
1900
ATTENTION DEVELOPERS AND CONTRACTORS! Bring this Spring Hill TWO family home back to life! Sitting on a dead end street off of Summer Street, this property presents a super opportunity for the owner occupant or investor. This has been a family home for many years. The first floor includes a living room, dining room, kitchen, 2 bedrooms, a full bath and back porch. The second floor is the same layout with an additional bedroom. Both units have tall ceilings, built in hutches, pantries, hardwood floors & old world charm. Gas heating, off street parking, backyard, & separate utilities. Close to schools, shops, restaurants, the Bike Path, MBTA, Boston, Davis Square, Porter Square, Boston & so much more! This property will be DELIVERED VACANT and SOLD AS IS with the remaining contents. This is your next project!
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Kristin Gennetti
Listing Office: Century 21 North East
MLS® Number: 73567357
