58 Boston Ave. #58 Somerville — Photo 1 of 37
$875,000
Investment Analysis — 58 Boston Ave. #58
Somerville, MA 02144 — Davis Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02144 carries an estimated $3,640/mo in gross rent — about a 2.25% cap rate and $19,697/yr in estimated NOI at the $875,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,214
Style
Condominium
Built
1920
Experience the ideal blend of classic character and modern refinement at 58 Boston Avenue. This freshly renovated 2 Bed 2 Bath condo offers a bright, airy interior featuring high ceilings, rich oak flooring, new windows, and elegant crown molding. The thoughtful layout includes a newly updated bathroom and the convenience of in-unit laundry. Outdoor living is easy here, with a private entrance, a personal covered back deck for morning coffee, and a backyard for grilling. Practicality meets lifestyle with dedicated off-street parking and substantial private storage in the basement. Perfectly positioned in a vibrant hub, you are moments from the Community Bike Path and the local favorites of Ball, Davis, and Porter Squares. With effortless access to both the Green and Red Line MBTA stations, the best of the city is right at your doorstep. Whether you’re looking for a savvy investment or a versatile new home, this property delivers.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Monalisa Team
Listing Office: Compass
MLS® Number: 73580516
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Massachusetts Buyers Face a Supply Crunch, Not a Crash
