Active Under Contract
58 Days on market
375 Canal St #703 Somerville — Photo 1 of 40

375 Canal St #703 Somerville — Photo 1 of 40

$799,900

Investment Analysis — 375 Canal St #703

Somerville, MA 02145 — Assembly Square

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 1.81% cap rate and $14,460/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

821

Style

Condominium

Built

2015

Overlooking the vibrant Lawn at Assembly Row, this impeccably maintained residence offers contemporary living at its finest. Like new in condition, this thoughtfully designed unit features one spacious bedroom and a versatile den with its own closet- ideal as a guest room, home office, or creative retreat. Soaring ceilings, expansive windows, and upgraded engineered hardwood floors throughout create an atmosphere that is both bright and refined. Ample kitchen cabinetry with appliances kept in pristine condition; brand new Samsung washer and dryer. A private balcony extends the living space outdoors, offering views of The Lawn, where live music, fitness classes, seasonal gatherings, and a lively social scene unfold throughout the year. Residents enjoy exceptional amenities, including a fitness center, indoor pool, lounge with pool table, outdoor grilling areas, concierge service and secure building access. Perfectly positioned in the heart of Assembly Square, this home delivers an effortless urban lifestyle with dining, shopping, entertainment, and the riverfront just moments away.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$799,900
Annual Taxes$7,259.98
HOA Fee$736

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms4
FireplacesNone
FlooringHardwood, Engineered Hardwood
BasementN

Climate & Utilities

HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Medical Facility • T-Station

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

Balcony - Exterior, Recessed Lighting, Flooring - Engineered Hardwood

Dining Room
Lvl First
Kitchen
Lvl First

Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl First
Bathroom 1
Lvl First

Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Joan Bissdorf

Listing Office: Keller Williams Realty

MLS® Number: 73553017