
119 Heath Street #2 Somerville — Photo 1 of 21
$549,900
Investment Analysis — 119 Heath Street #2
Somerville, MA 02145
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02145 carries an estimated $2,820/mo in gross rent — about a 3.04% cap rate and $16,739/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
728
Style
Condominium
Built
1900
Welcome to this immaculate 1-bedroom, 1-bath townhouse offering top-floor style and refined finishes in one of Somerville's most accessible neighborhoods—located less than a mile from the vibrant shopping, dining, and entertainment at Assembly Row! Gleaming hardwood floors draw a warm line throughout the home, highlighted by lofty cathedral ceilings in the living room, crisp trim, recessed lighting, and central air for year-round comfort. The bright, gourmet kitchen is designed for both cooking and entertaining, featuring rich granite counters, tile flooring, stainless steel appliances, a gas stove, and a central stone-topped island that serves as a natural anchor for prep work and casual seating. Off the primary suite, a glass paned door leads out to your private composite deck—an ideal outdoor retreat. The beautifully appointed tile bath includes a double vanity paired with a tub/shower setup. Practical features extend to the lower level, where a dedicated laundry and storage room is outfitted with bright recessed lighting. Outside, a handsome brick paver driveway provides convenient deeded off-street parking. Outstanding location offering quick access to Route 93, public transportation, bike paths, nearby parks, and all the excitement of Somerville just moments away.
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 MLS and other third-party data may be inaccurate or out of date.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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 14
Closet, Flooring - Hardwood, Cable Hookup, Recessed Lighting
Kitchen
Lvl First16 x 10
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl First16 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup, Deck - Exterior, Exterior Access
Bathroom 1
Lvl First10 x 8
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Listing Agent: Coreen Morisset
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73562483
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