
106 Walnut St #4 Somerville — Photo 1 of 23
$685,000
Investment Analysis — 106 Walnut St #4
Somerville, MA 02145
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02145 carries an estimated $4,020/mo in gross rent — about a 3.76% cap rate and $25,774/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,070
Style
Condominium
Built
1920
A bright and beautifully considered three-bedroom, two-bath residence in the heart of Somerville, gut renovated in 2015 and designed for an easy, modern way of living. Natural light fills the home, highlighting warm hardwood floors and a comfortable open living and dining space. The kitchen anchors the main living area with granite countertops, stainless-steel appliances, generous cabinetry, and a center island, creating a natural place to cook, gather, and entertain. The layout is particularly versatile. The primary bedroom enjoys its own full bath, while a second full bathroom serves the rest of the home. Two additional bedrooms allow the space to adapt easily to different stages of life. The third bedroom works equally well as a private home office, nursery, guest room, or true bedroom—valuable flexibility for professionals and small families alike. Thoughtful practical features include central air, washer and dryer hookups, hardwood flooring, and good storage, all contributing to a home that feels as functional as it is inviting. And then there is the location. Gilman Square Green Line station is approximately a four-minute walk away, putting Cambridge and Boston within easy reach, while Union Square’s restaurants, cafés, neighborhood shops, and everyday conveniences are close by. Warm, functional, and remarkably well connected, Unit 4 offers the space of a true three-bedroom home with the flexibility to make it entirely 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.
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$685,000
Sep 16, 2026
MLS® 73578350
$705,000
Jul 31, 2025
MLS® 73378343
$705,000
May 21, 2025
MLS® 73378343
Listing Agent: Bilien Woldeyonas
Listing Office: RE/MAX Destiny
MLS® Number: 73578350