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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
26 Properties
229 Highland Ave
Somerville MA
| $1,550,000 | 3 Units |
| 3,482 SqFt | 5 BR |
| 2.50% Cap Rate | |
| -8.00% Cash-on-Cash Return | |
640 Mystic
Somerville MA
| $2,850,000 | 3 Units |
| 5,096 SqFt | 3 BR |
| 1.50% Cap Rate | |
| -12.40% Cash-on-Cash Return | |
37 Oliver St
Somerville MA
| $1,449,000 | 3 Units |
| 2,990 SqFt | 8 BR |
| 3.60% Cap Rate | |
| -3.70% Cash-on-Cash Return | |
56-58 Boston Street
Somerville MA
| $1,425,000 | 2 Units |
| 2,861 SqFt | 5 BR |
| 2.00% Cap Rate | |
| -10.40% Cash-on-Cash Return | |
101 Glenwood Road
Somerville MA
| $1,200,000 | 2 Units |
| 3,498 SqFt | 5 BR |
| 2.40% Cap Rate | |
| -8.70% Cash-on-Cash Return | |
14 Watson St
Somerville MA
| $949,000 | 2 Units |
| 1,992 SqFt | 2 BR |
| 2.80% Cap Rate | |
| -7.10% Cash-on-Cash Return | |
36 Hancock Street
Somerville MA
| $1,225,000 | 2 Units |
| 1,912 SqFt | 4 BR |
| 2.30% Cap Rate | |
| -9.10% Cash-on-Cash Return | |
35-37 Raymond Ave
Somerville MA
| $1,050,000 | 2 Units |
| 1,814 SqFt | 3 BR |
| -79.00% Cap Rate | |
| -334.40% Cash-on-Cash Return | |
55 Main St
Somerville MA
| $1,049,000 | 2 Units |
| 3,452 SqFt | 4 BR |
| 3.20% Cap Rate | |
| -5.60% Cash-on-Cash Return | |
142-144 Summer Street
Somerville MA
| $1,359,000 | 2 Units |
| 3,075 SqFt | 7 BR |
| 2.80% Cap Rate | |
| -7.00% Cash-on-Cash Return | |
275 Alewife Brook Pkwy
Somerville MA
| $1,019,000 | 2 Units |
| 2,368 SqFt | 4 BR |
| 2.60% Cap Rate | |
| -7.70% Cash-on-Cash Return | |
13-15 Sewall St
Somerville MA
| $1,310,000 | 2 Units |
| 2,444 SqFt | 7 BR |
| 3.00% Cap Rate | |
| -6.40% Cash-on-Cash Return | |
6-8 Mortimer Place
Somerville MA
| $1,249,999 | 3 Units |
| 2,850 SqFt | 7 BR |
| 3.80% Cap Rate | |
| -3.00% Cash-on-Cash Return | |
41 Partridge Ave
Somerville MA
| $899,999 | 2 Units |
| 2,157 SqFt | 3 BR |
| 2.70% Cap Rate | |
| -7.30% Cash-on-Cash Return | |
333 Alewife Brook Pkwy
Somerville MA
| $2,998,500 | 3 Units |
| 3,318 SqFt | 6 BR |
| 1.60% Cap Rate | |
| -11.70% Cash-on-Cash Return | |
13 Pennsylvania Avenue
Somerville MA
| $1,599,000 | 3 Units |
| 3,406 SqFt | 9 BR |
| 3.40% Cap Rate | |
| -4.70% Cash-on-Cash Return | |
74 Morrison Avenue
Somerville MA
| $2,199,000 | 3 Units |
| 3,475 SqFt | 7 BR |
| 1.70% Cap Rate | |
| -11.30% Cash-on-Cash Return | |
84+86+86R Cross St
Somerville MA
| $2,975,000 | 6 Units |
| 4,660 SqFt | 8 BR |
| 2.80% Cap Rate | |
| -7.10% Cash-on-Cash Return | |
89 Central Street
Somerville MA
| $1,880,000 | 2 Units |
| 3,322 SqFt | 7 BR |
| 2.00% Cap Rate | |
| -10.40% Cash-on-Cash Return | |
52 Bonair St
Somerville MA
| $2,694,876 | 6 Units |
| 5,372 SqFt | 9 BR |
| 1.90% Cap Rate | |
| -10.60% 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
28 Moreland Street (3 units) $1,660,000
4 Belmont Ter (2 units) $2,249,900
6 Oliver St (2 units) $815,000
31 Ware St (3 units) $1,130,000
48-48A Belmont St. (2 units) $1,400,000
26-28 Puritan Rd (2 units) $975,000
19 Central Street (30 units) $14,000,000
20 Cutter Ave (2 units) $1,350,000
10 Thurston Street (3 units) $1,580,000
455 Mcgrath Hwy (3 units) $1,000,000
33 Fenwick St (2 units) $925,000
15 Grand View Ave (2 units) $1,075,000
29 Sycamore St (2 units) $1,050,000
207 Highland Ave (2 units) $1,020,000
33 Porter St (2 units) $1,200,000
7-9 Wyatt Circle (2 units) $935,000
27 Pearl St. (6 units) $2,100,000
16-18 Flint Street (6 units) $1,982,000
5-7 BRADFORD AVE (2 units) $935,000
129 Powder House Blvd (2 units) $1,450,000
1 Walker St (2 units) $1,600,000
42-44 Vernon Street (2 units) $977,000
361 Somerville Ave (6 units) $2,320,000
83 Flint St (2 units) $1,210,000
14-16 Heath St (3 units) $1,500,000
1 Mead St (3 units) $1,850,000
73 Cameron Avenue (2 units) $1,270,000
494 Medford St (3 units) $1,200,000
70 Myrtle Street (2 units) $830,000
36 Meacham Rd (2 units) $1,500,000
18 Joseph St (3 units) $1,370,000
16 Boston Ave (2 units) $1,050,000
111 Pearson Rd (2 units) $1,285,000
39 Paulina St (2 units) $1,800,000
183 Powder House Blvd (2 units) $1,190,000
118 Josephine Avenue (2 units) $1,380,000
17 Cambria St (2 units) $1,150,000
26 Clark St (2 units) $1,350,000
471 Medford St (3 units) $1,380,000
83 Grant St (3 units) $1,500,000
16 Wesley Park (2 units) $1,400,000
Historical Trends
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Average Sale Prices – 5+ Unit Buildings
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