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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
35 Properties
22 Cross St
Somerville MA
| $1,200,000 | 3 Units |
| 2,760 SqFt | 5 BR |
| 3.40% Cap Rate | |
| -4.70% Cash-on-Cash Return | |
89 Central Street
Somerville MA
| $1,700,000 | 2 Units |
| 3,322 SqFt | 7 BR |
| 2.20% Cap Rate | |
| -9.60% Cash-on-Cash Return | |
40-42 Pennsylvania Ave
Somerville MA
| $1,199,500 | 2 Units |
| 3,686 SqFt | 7 BR |
| 3.00% Cap Rate | |
| -6.40% Cash-on-Cash Return | |
42 Clarendon Ave
Somerville MA
| $1,449,000 | 3 Units |
| 3,375 SqFt | 6 BR |
| 2.80% Cap Rate | |
| -7.10% Cash-on-Cash Return | |
24 Preston Rd
Somerville MA
| $1,349,000 | 3 Units |
| 3,119 SqFt | 5 BR |
| 2.80% Cap Rate | |
| -6.90% Cash-on-Cash Return | |
44 Woods Ave
Somerville MA
| $1,475,000 | 2 Units |
| 2,112 SqFt | 4 BR |
| 2.10% Cap Rate | |
| -9.90% Cash-on-Cash Return | |
38 Pinckney St
Somerville MA
| $1,459,999 | 3 Units |
| 2,594 SqFt | 5 BR |
| 2.10% Cap Rate | |
| -9.80% Cash-on-Cash Return | |
45 Sunset Rd
Somerville MA
| $1,275,000 | 2 Units |
| 3,335 SqFt | 7 BR |
| 2.70% Cap Rate | |
| -7.40% Cash-on-Cash Return | |
384 Broadway
Somerville MA
| $2,299,900 | 10 Units |
| 7,800 SqFt | 12 BR |
| 5.10% Cap Rate | |
| 2.10% Cash-on-Cash Return | |
66 Hudson St
Somerville MA
| $1,549,000 | 3 Units |
| 3,377 SqFt | 7 BR |
| 3.10% Cap Rate | |
| -5.90% Cash-on-Cash Return | |
101-103 Raymond Ave
Somerville MA
| $1,399,900 | 2 Units |
| 2,286 SqFt | 4 BR |
| 1.90% Cap Rate | |
| -10.60% Cash-on-Cash Return | |
741 Broadway
Somerville MA
| $1,850,000 | 4 Units |
| 6,129 SqFt | 4 BR |
| 1.80% Cap Rate | |
| -11.20% Cash-on-Cash Return | |
53 Sargent Avenue
Somerville MA
| $1,400,000 | 3 Units |
| 3,223 SqFt | 6 BR |
| 2.70% Cap Rate | |
| -7.30% Cash-on-Cash Return | |
698 Broadway
Somerville MA
| $2,950,000 | 5 Units |
| 4,551 SqFt | 8 BR |
| 1.90% Cap Rate | |
| -10.60% Cash-on-Cash Return | |
58 Main
Somerville MA
| $1,274,900 | 3 Units |
| 3,270 SqFt | 6 BR |
| 3.40% Cap Rate | |
| -4.50% Cash-on-Cash Return | |
29 Cameron Ave
Somerville MA
| $2,195,000 | 4 Units |
| 4,159 SqFt | 12 BR |
| 2.80% Cap Rate | |
| -7.00% Cash-on-Cash Return | |
10 Warwick St.
Somerville MA
| $1,900,000 | 3 Units |
| 3,528 SqFt | 14 BR |
| 3.00% Cap Rate | |
| -6.10% Cash-on-Cash Return | |
19 Boston Street
Somerville MA
| $1,935,000 | 2 Units |
| 3,465 SqFt | 7 BR |
| 1.90% Cap Rate | |
| -10.50% Cash-on-Cash Return | |
103 Cross St
Somerville MA
| $949,900 | 2 Units |
| 2,440 SqFt | 6 BR |
| 3.60% Cap Rate | |
| -3.90% Cash-on-Cash Return | |
7 Pearl St
Somerville MA
| $1,800,000 | 3 Units |
| 4,110 SqFt | 6 BR |
| 2.30% Cap Rate | |
| -9.10% 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 Brook St (2 units) $775,000
58-60 Clarendon Ave (2 units) $1,451,777
20 Alston St (3 units) $1,240,000
31 Adrian St (2 units) $1,000,000
9 Packard Ave (2 units) $1,225,000
17 Carlton Street (2 units) $1,200,000
41 Partridge Ave (2 units) $805,000
31-33 College Hill Rd (2 units) $1,295,000
82 Bromfield Rd (2 units) $1,530,000
61 Lowden Avenue (2 units) $1,625,000
12 Sargent Ave (2 units) $1,275,000
22 Granite St (3 units) $1,500,000
202 Washington St (4 units) $1,600,000
20 Fiske Ave (2 units) $1,040,000
42 Liberty Avenue (3 units) $1,625,000
298 Summer St. (2 units) $1,325,000
305-307 Medford St (6 units) $2,475,000
40 Temple St (3 units) $1,100,000
31 & 33 Knowlton St (3 units) $1,275,000
19 - 21 Woodbine (2 units) $2,950,000
59-61 Woods Ave (2 units) $1,029,900
30 Otis St (3 units) $1,450,000
250 Highland Ave (3 units) $1,600,000
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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