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Market Statistics
Somerville
| Price Range $660,000 to $12,000,000 |
Yearly Volume $195,796,281 ~150/year |
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| Avg Days-on-Market 34 |
Sale to List Price 98% |
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| Rent Range (1-4BR) $1,900 - $3,131 |
Avg Price/Sq.Ft. $404 |
Properties Currently for Sale
64 Properties
91-93 Bailey Rd
Somerville MA
| $970,000 | 2 Units |
| 2,606 SqFt | 4 BR |
| 2.70% Cap Rate | |
| -7.50% Cash-on-Cash Return | |
91-97 Bailey Road
Somerville MA
| $1,940,000 | 4 Units |
| 5,896 SqFt | 9 BR |
| 2.80% Cap Rate | |
| -7.10% Cash-on-Cash Return | |
95-97 Bailey Rd
Somerville MA
| $970,000 | 2 Units |
| 3,290 SqFt | 5 BR |
| 3.20% Cap Rate | |
| -5.50% Cash-on-Cash Return | |
45-47 Puritan Road
Somerville MA
| $1,099,000 | 2 Units |
| 3,002 SqFt | 4 BR |
| 2.40% Cap Rate | |
| -8.80% Cash-on-Cash Return | |
55 Central St
Somerville MA
| $1,349,900 | 3 Units |
| 3,344 SqFt | 5 BR |
| 2.70% Cap Rate | |
| -7.40% Cash-on-Cash Return | |
58 Gordon St
Somerville MA
| $949,900 | 2 Units |
| 2,024 SqFt | 4 BR |
| 2.60% Cap Rate | |
| -7.70% Cash-on-Cash Return | |
27 Garrison Ave
Somerville MA
| $1,200,000 | 2 Units |
| 3,271 SqFt | 8 BR |
| 3.00% Cap Rate | |
| -6.20% Cash-on-Cash Return | |
63 Hudson
Somerville MA
| $1,070,000 | 2 Units |
| 2,046 SqFt | 6 BR |
| 3.00% Cap Rate | |
| -6.30% Cash-on-Cash Return | |
11 Grand View Ave
Somerville MA
| $1,295,876 | 3 Units |
| 3,144 SqFt | 5 BR |
| 2.70% Cap Rate | |
| -7.40% Cash-on-Cash Return | |
382 Broadway
Somerville MA
| $1,459,000 | 2 Units |
| 5,611 SqFt | 6 BR |
| 1.70% Cap Rate | |
| -11.50% Cash-on-Cash Return | |
39 Thurston St
Somerville MA
| $1,750,000 | 3 Units |
| 3,709 SqFt | 7 BR |
| 2.40% Cap Rate | |
| -8.70% Cash-on-Cash Return | |
34 Grant St.
Somerville MA
| $1,270,000 | 3 Units |
| 3,912 SqFt | 7 BR |
| 3.30% Cap Rate | |
| -5.10% Cash-on-Cash Return | |
21 Jaques Street
Somerville MA
| $1,490,000 | 3 Units |
| 4,119 SqFt | 11 BR |
| 3.70% Cap Rate | |
| -3.40% Cash-on-Cash Return | |
901 Broadway
Somerville MA
| $1,375,000 | 2 Units |
| 3,198 SqFt | 6 BR |
| 2.00% Cap Rate | |
| -10.30% Cash-on-Cash Return | |
14 Dana St
Somerville MA
| $979,000 | 2 Units |
| 2,381 SqFt | 6 BR |
| 3.10% Cap Rate | |
| -5.70% Cash-on-Cash Return | |
6-8 Mortimer Pl
Somerville MA
| $1,149,000 | 3 Units |
| 2,850 SqFt | 7 BR |
| 3.80% Cap Rate | |
| -2.90% Cash-on-Cash Return | |
96 Heath St
Somerville MA
| $1,300,000 | 3 Units |
| 3,441 SqFt | 9 BR |
| 4.00% Cap Rate | |
| -2.20% Cash-on-Cash Return | |
11 Foskett St
Somerville MA
| $1,750,000 | 3 Units |
| 3,310 SqFt | 7 BR |
| 2.40% Cap Rate | |
| -8.80% Cash-on-Cash Return | |
51 Main St
Somerville MA
| $1,200,000 | 3 Units |
| 3,751 SqFt | 6 BR |
| 3.40% Cap Rate | |
| -4.60% Cash-on-Cash Return | |
9 Gorham St
Somerville MA
| $1,849,999 | 3 Units |
| 3,600 SqFt | 6 BR |
| 1.80% Cap Rate | |
| -11.00% Cash-on-Cash Return | |
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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Recent Sales in Somerville MA
459 Medford Street (3 units) $1,120,000
773 Broadway (2 units) $1,700,000
115 Elm Street (2 units) $950,000
11 Robinson St (2 units) $1,150,000
56-58 Walnut St. & 4-6 Pleasant Ave. (22 units) $8,750,000
126 Cross St (6 units) $1,800,000
45 Chetwynd (2 units) $1,088,500
47 Prescott St (2 units) $1,100,000
140 Highland Rd (2 units) $1,620,000
28-30 Pennsylvania Ave. (2 units) $1,095,000
45-47 Gordon St (2 units) $1,100,000
565 Somerville Ave (6 units) $2,289,000
25 Corinthian Rd (2 units) $910,000
8 Porter Street (2 units) $928,000
7 Hudson St (2 units) $1,285,000
86 Sycamore Street (3 units) $1,420,000
86-88 Rogers Ave. (2 units) $1,440,000
27 Josephine Ave (2 units) $1,150,000
105 Shore Dr (2 units) $1,000,000
13 Morton Street (2 units) $1,220,000
24 Laurel St (3 units) $1,705,000
59-61 Derby St (3 units) $1,250,000
22 Clyde Street (2 units) $1,377,000
30 Waterhouse st (3 units) $1,250,000
60 Cameron Ave (2 units) $1,102,500
108 Powder House Blvd (3 units) $1,425,000
78 Ossipee Rd. (2 units) $1,250,000
49-51 Pinckney Street (3 units) $1,552,500
527 Mystic Valley Parkway (2 units) $1,540,000
44 Chetwynd Rd (2 units) $1,135,000
2 Carver St (2 units) $1,030,500
23 Wesley Park (2 units) $1,100,000
65 Bay State Ave (2 units) $1,190,000
68 Trull Street (2 units) $976,000
72 Broadway (3 units) $1,255,000
6 Marion St (2 units) $1,150,000
173 Central Street (2 units) $1,050,000
180-182 Cedar Street (2 units) $1,110,000
42 Moreland St (2 units) $841,000
43 Kidder Ave (2 units) $1,350,000
16-18 Centre St (2 units) $920,000
35 Whitfield Rd (3 units) $1,210,000
248 Highland Ave (3 units) $1,052,500
14 Barton St (2 units) $1,050,000
46 Mount Vernon St (2 units) $1,150,000
12 Bailey Street (2 units) $975,000
80 Bartlett St (2 units) $1,015,000
18 ADRIAN STREET (3 units) $1,262,500
119 Central Street (2 units) $1,275,000
Historical Trends
Average Sale Prices – 2 Unit Buildings
Average Sale Prices – 3 Unit Buildings
Average Sale Prices – 4 Unit Buildings
Average Sale Prices – 5+ Unit Buildings
Average Market Time
Average Rental Prices
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