Active
75 Days on market
1246 Broadway #2 Somerville — Photo 1 of 24

1246 Broadway #2 Somerville — Photo 1 of 24

Recent Drop: $49,900

$1,174,900
$1,125,000

$1,125,000

Investment Analysis — 1246 Broadway #2

Somerville, MA 02144

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02144 carries an estimated $4,360/mo in gross rent — about a 1.86% cap rate and $20,958/yr in estimated NOI at the $1,125,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,598

Style

Condominium

Built

2021

THE SPACE OF A SINGLE-FAMILY, WITH THE CONVENIENCE OF CONDO LIVING. Nearly 1,600 square feet of thoughtfully designed living space unfolds across three levels in this quiet, light-filled 3-bedroom, 2.5-bath townhouse-style home, complete with a flexible bonus room and two deeded covered parking spaces. If you only need one parking space the other can be rented out for additional income. Enter on the first level, where a spacious bonus room creates a welcoming and versatile space away from the main living areas. Ideal for a home office, media room, gym, playroom or guest space. Upstairs, the main level opens into a bright and inviting living and dining area filled with natural light. The beautifully appointed kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, pantry and a generous island that anchors the open-concept space. A bedroom on this level adds valuable flexibility for guests, an additional office or anyone who prefers separation from the upper-floor bedrooms. The top floor offers two additional bedrooms, creating a peaceful retreat removed from the main living and entertaining spaces. The home's multi-level design provides an appealing sense of privacy and separation, while oversized windows bring in abundant natural light throughout. With 2.5 baths, central air, in-unit laundry, generous storage and two deeded covered parking spaces, this home delivers the functionality and space of a single-family lifestyle without the maintenance that often comes with one. Ideally located near Teele Square, Davis Square, Tufts University, with MBTA bus right outside the building - Route 87. Convenient access to the Red Line, neighborhood restaurants, cafés and major commuter routes, parks, route 16 to route 2. Quiet, spacious and filled with natural light. Three levels of flexible living with room to work, gather, retreat and make the space your own.

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.

Open Houses

Property Details

Financials

Original Price$1,174,900
Annual Taxes$13,405
HOA Fee$450

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Laminate
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningRB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBedroom 3Bathroom 1Bathroom 2
Second
Living RoomKitchenBedroom 2Bathroom 3
Living Room
Lvl Second

17.416666666 x 12.416666666

Flooring - Laminate, Recessed Lighting

Kitchen
Lvl Second

14.666666666 x 8.583333333

Flooring - Laminate, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Lighting - Pendant

Primary Bedroom
Lvl Third

14.416666666 x 11.833333333

Walk-In Closet(s), Flooring - Laminate, Recessed Lighting

Bedroom 2
Lvl Second

12.416666666 x 9.5

Bedroom 3
Lvl Third

12.416666666 x 9.5

Closet, Flooring - Laminate, Recessed Lighting

Bathroom 1
Lvl Third

8.583333333 x 5.5

Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead

Bathroom 2
Lvl Third

10 x 4.833333333

Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead

Bathroom 3
Lvl Second

6.75 x 2.916666666

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead

Property History

Price Drop
$1,125,000

Was $1,174,900

Sep 8, 2026

MLS® 73546881

Listed
$1,174,900

Jul 8, 2026

MLS® 73546881

Listing Provided By

Listing Agent: The Bill Butler Group

Listing Office: Leading Edge Real Estate

MLS® Number: 73546881