13 Howe St Somerville — Photo 1 of 28
$1,300,000
Investment Analysis — 13 Howe St
Somerville, MA 02145 — Winter Hill
Based on rent reported on the MLS listing, a 3-unit multi-family in 02145 carries $7,920/mo in gross rent — about a 4.54% cap rate and $59,046/yr in estimated NOI at the $1,300,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
2,636
Style
3 Family
Built
1900
Three-story Victorian Italianate house in the Winter Hill Neighborhood of Somerville, with 3 residential units consisting of one 3 bed/2 bath unit, one 1 bed/1-bath unit, and 1 studio/1 bath unit. Units 2 and 3 are leased through May and August of 2027, respectively, and unit 1 will vacate at the end of August, ideal for an owner-user. The owner's unit has been updated with stainless steel appliances, granite counters, and maple cabinets. Additional highlights include cedar siding, replacement windows, two decks, and a fenced in yard with a cobblestone driveway, and parking for 4 vehicles. Ideally located just 2 blocks from the Gilman Square Green Line station and the community bike path, with easy access to Route 93 and Boston. A short walk to Sarma and minutes from all the great restaurants and amenities Somerville has to offer.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Shane Marrion
Listing Office: Benoit Real Estate Group ,LLC
MLS® Number: 73559564
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