23 College Hill Rd #1 Somerville — Photo 1 of 22
$1,849,999
Investment Analysis — 23 College Hill Rd #1
Somerville, MA 02144
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02144 carries an estimated $4,820/mo in gross rent — about a 1.01% cap rate and $18,758/yr in estimated NOI at the $1,849,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
2,719
Style
Condominium
Built
2026
Luxury Renovation on charming College Hill Rd is finally ready for it's new owner! This high end multilevel condo spans 3 floors and offers an open concept floor plan, abundant windows, high ceilings, electric fireplace and quality designer finishes. The chef's kitchen boasts a Bertazzoni appliance package w/ 5-burner cooktop, custom hood, custom made cabinetry and an oversized island with quartz counters. Sit back and relax in your bonus living space on the lower level or get straight to work in your dedicated main floor office with beautiful Pella windows that allow an abundance of natural light to pour in. The primary suite is complete with custom walk-in closet, an oversized walk-in shower, water closet and a large double vanity. Three additional bedrooms, off street parking and a private backyard complete this luxury home.
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 MLS and other third-party data may be inaccurate or out of date.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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Property History
$1,849,999
Aug 20, 2026
MLS® 73566541
$1,899,000
Jun 3, 2026
MLS® 73504526
$1,899,000
Apr 20, 2026
MLS® 73504526
Listing Agent: Kristen Germano
Listing Office: NextHome Tradition
MLS® Number: 73566541