Active Under Contract
10 Days on market
38 Warwick St #38 Somerville — Photo 1 of 30

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.

View Standard Listing

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

Original Price$980,000
Annual Taxes$4,945.89
HOA Fee$250

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air, Heat Pump, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningNR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Third
Primary BedroomBathroom 2
Second
Bedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchen
Living Room
Lvl First

Flooring - Hardwood, French Doors

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Gas Stove

Primary Bedroom
Lvl Third
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl Second

Bathroom - Full

Bathroom 2
Lvl Third

Bathroom - Full

Listing Provided By

Listing Agent: The Petrowsky Jones Group

Listing Office: Compass

MLS® Number: 73572573