1328 Broadway #3 Somerville — Photo 1 of 25
$1,175,000
Investment Analysis — 1328 Broadway #3
Somerville, MA 02144 — Teele 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 2.17% cap rate and $25,459/yr in estimated NOI at the $1,175,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,621
Style
Condominium
Built
2004
Experience modern urban living in this gorgeous end-unit, direct-entry townhome in the heart of West Somerville, steps from Tufts University and Teele/Davis Squares. A commuter’s dream, this home is minutes from Routes 2/93 and the MBTA Green and Red Lines. Ideally located near the Minuteman Bikeway with three bus lines (87, 88, 89) at your door. Spanning 1,600+ sq. ft., this updated multi-level residence balances open-concept entertaining with quiet retreats. Upscale finishes include a cozy fireplace, wainscoting, tray ceilings, and gleaming hardwoods. The gourmet kitchen boasts premium stainless appliances, stone counters, and maple cabinetry, flowing to a rare private outdoor area perfect for alfresco dining. Upstairs, find two generous bedrooms with massive closets. The primary suite feat a private balcony, en-suite bath, and a large bay window. Notable perks: in-unit laundry, high-efficiency HVAC, garage storage, & 2 dedicated off-street parking spaces (one garage, one driveway).
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Post Advisory Group
Listing Office: Engel & Volkers Boston
MLS® Number: 73497362