422 Mcgrath Highway Somerville — Photo 1 of 39
Recent Drop: $300,000
$2,000,000
Investment Analysis — 422 Mcgrath Highway
Somerville, MA 02143
Based on rent reported on the MLS listing, a 4-unit multi-family in 02143 carries $13,900/mo in gross rent — about a 5.50% cap rate and $110,013/yr in estimated NOI at the $2,000,000 list price. Adjust every assumption in the calculator below.
Beds
14
Baths
8
SqFt
4,725
Style
4 Family
Built
1920
Exceptional investment opportunity in Somerville’s highly desirable Prospect Hill neighborhood. This well-maintained 4-unit multifamily property features (2) spacious 3-bedroom, 2-bath units and (2) 4-bedroom, 2-bath units, each offering private direct-entry access for a townhouse-style living experience. Originally gut renovated in 2016, the property includes modern finishes, central air conditioning, in-unit laundry, separately metered utilities, and rear outdoor space. Tenants pay their own gas and electric expenses, minimizing owner operating costs. The asset has been professionally maintained and offers upside potential through future rent growth. Ideally located with convenient access to Cambridge, Boston, Assembly Row, Union Square, Kendall Square, major employers, universities, public transportation, shopping, dining, and entertainment. A turnkey multifamily asset in one of Greater Boston’s strongest rental markets.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation
Geography
Property History
$2,000,000
Was $2,200,000
Sep 14, 2026
MLS® 73539496
$2,200,000
Was $2,300,000
Aug 14, 2026
MLS® 73539496
$2,300,000
Jun 22, 2026
MLS® 73539496
Listing Agent: Tom Egbers
Listing Office: Northeast Private Client Group
MLS® Number: 73539496