
38 Warwick St #38 Somerville — Photo 1 of 30
$980,000
Investment Analysis — 38 Warwick St #38
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 2.93% cap rate and $28,716/yr in estimated NOI at the $980,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,175
Style
Condominium
Built
1982
Please submit any offer by Monday 11am. Welcome to 38 Warwick St, a beautifully designed end-unit townhouse offering modern living in the heart of Somerville. This stunning 3-bedroom, 2-bathroom home combines comfort and convenience, making it the perfect spot to call home. Step inside to discover a bright and spacious layout, featuring an open-concept living area that seamlessly flows into the dining space and kitchen. Large windows allow natural light to flood the space, creating a warm and welcoming atmosphere. French doors lead to the stone patio and fenced yard. The kitchen is thoughtfully designed, offering ample counter space, exterior venting, and storage for all your culinary needs. The generously sized bedrooms provide tranquil retreats, each with plenty of closet space to keep your belongings neat and organized. With 2 full bathrooms, mornings will be a breeze for everyone in the household. Central a/c (2021). Super-efficient Vissemann heat. Rare 2 car side-by-side parking. The layout ensures functionality and privacy, perfect for relaxation or entertaining guests. Situated in a highly desirable location, this townhouse offers the best of city living with the charm of a suburban retreat. Plenty of attic and basement storage. You'll enjoy the convenience of nearby amenities, dining, shops, and easy access to both the green line and Davis Sq via the bike path, making every commute or errand a breeze. Major upgrades in 2025 (roof, landscaping, fence). Stable and well-managed 5-unit association.
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 • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, French Doors
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Gas Stove
Primary Bedroom
Lvl ThirdBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl SecondBathroom - Full
Bathroom 2
Lvl ThirdBathroom - Full
Listing Agent: The Petrowsky Jones Group
Listing Office: Compass
MLS® Number: 73572573