
62 Central Street #3 Somerville — Photo 1 of 17
$948,000
Investment Analysis — 62 Central Street #3
Somerville, MA 02143 — Spring Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02143 carries an estimated $4,160/mo in gross rent — about a 3.14% cap rate and $29,751/yr in estimated NOI at the $948,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,415
Style
Condominium
Built
1900
Grand Victorian elegance meets effortless single-level living in this exceptional top-floor corner residence, perched high on Spring Hill. Nearly 10-foot ceilings, 17 oversized windows, and open living areas create an extraordinary sense of space and light across 1,400+ square feet. A skylit stairway welcomes you to your own private entryway, opening to a gracious living room with bay windows, adjoining dining area, and inviting kitchen with comfortable work space and a large peninsula. Step outside to the large private deck for peaceful views over the trees and rooftops. The spacious primary suite is a beautiful retreat, featuring a walk-in closet, ensuite full bath, and charming turret that welcomes the morning sun. Two additional true bedrooms and a second full bath offer flexibility for guests, office, and family. An actual walk-in laundry room sits conveniently at the end of the hall. Additional dedicated storage is found in the basement and right outside the unit. Enjoy living close to Union, Porter, and Davis Squares, and a short stroll to Highland Kitchen, Three Little Figs, and the Somerville Community Path. A refreshing combination of modern comfort and functional space without sacrificing character. Welcome 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 MLS and other third-party data may be inaccurate or out of date.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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Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
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Living Room
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Lvl ThirdListing Agent: Maggie Dee + Charles Cherney Team
Listing Office: Compass
MLS® Number: 73578470