86 Mount Vernon St #2 Somerville — Photo 1 of 26
Recent Drop: $45,000
$479,900
Investment Analysis — 86 Mount Vernon St #2
Somerville, MA 02145 — East Somerville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02145 carries an estimated $3,350/mo in gross rent — about a 5.63% cap rate and $27,021/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
653
Style
Condominium
Built
1900
Location, convenience, and a low condo fee of just $175 per month make this Somerville penthouse an exceptional opportunity. Ideally situated on a quiet one-way street between Union and Sullivan Squares near the Charlestown line, this top-floor corner unit offers easy access to the Orange Line, I-93, McGrath Highway, Assembly Row, Encore Boston Harbor, Whole Foods, shopping, dining, and everything Somerville and nearby Boston have to offer. Inside, hardwood floors flow throughout the open-concept living space, creating a warm and comfortable setting for everyday living and entertaining. The kitchen features granite countertops, maple cabinetry, and Frigidaire stainless steel appliances. Two generously sized bedrooms, an updated full bath, and convenient in-unit laundry complete the home. Tucked away on the top floor with the added privacy of a corner location, this is a wonderful opportunity to enjoy city living with a highly convenient location and an incredibly affordable monthly condo fee.
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 MLS and other third-party data may be inaccurate or out of date.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 • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second15 x 11
Flooring - Hardwood
Kitchen
Lvl Second11 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl Second12 x 11
Flooring - Hardwood
Bedroom 2
Lvl Second12 x 9
Bathroom 1
Lvl Second12 x 9
Bathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$479,900
Was $499,900
Sep 17, 2026
MLS® 73551119
$499,900
Was $524,900
Aug 5, 2026
MLS® 73551119
$524,900
Jul 16, 2026
MLS® 73551119
$1,550
Jul 13, 2011
MLS® 71248367
$259,000
Jul 13, 2011
MLS® 71223374
$1,650
Jun 14, 2011
MLS® 71248367
$259,000
Apr 27, 2011
MLS® 71223374
$262,000
Jul 30, 2010
MLS® 70981635
$262,000
Sep 28, 2009
MLS® 70981635
Listing Agent: Team Blue
Listing Office: ERA Key Realty Services
MLS® Number: 73551119
Related Insights
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Somerville Single-Family Prices at $1,245,000
Somerville Tax Guide: Davis, Union & North Point
After the Grant Window: Massachusetts First-Time Buyers
Massachusetts Buyers Face a Supply Crunch, Not a Crash
