
72 Lexington Ave #3 Somerville — Photo 1 of 32
$765,000
Investment Analysis — 72 Lexington Ave #3
Somerville, MA 02144
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02144 carries an estimated $3,640/mo in gross rent — about a 2.98% cap rate and $22,822/yr in estimated NOI at the $765,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,020
Style
Condominium
Built
1900
Location, Location, Location! This top-floor, 2-bedroom, 1-bathroom, sun-drenched home sits just steps from Davis Square. This meticulously maintained penthouse unit features beautiful hardwood floors throughout, stainless steel appliances, an in-unit washer and dryer, and plenty of storage.A front covered porch welcomes you with a convenient landing area—perfect for storing your bicycle, coats, and shoes—as you make your way into this thoughtfully laid-out home. Once inside, enjoy a well-designed floor plan with plenty of room for a home office, dining area, and comfortable living space.All this, just steps from the Davis Square red line T stop and Ball Square and Magoun Square green line T stops, as well as the bike path, playgrounds, restaurants, shops, and everything else Davis Square has to offer. With central A/C, a welcoming layout, and an unbeatable location, there’s nothing to do but move right in!
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,ThirdCeiling Fan(s), Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Dining Room
Lvl Main,ThirdCloset, Flooring - Hardwood, Lighting - Overhead
Office
Lvl MainFlooring - Hardwood
Primary Bedroom
Lvl Main,ThirdCeiling Fan(s), Closet, Flooring - Hardwood, Lighting - Sconce
Bedroom 2
Lvl Main,ThirdBathroom 1
Lvl Main,ThirdBathroom - Full, Bathroom - Tiled With Tub, Flooring - Hardwood, Countertops - Stone/Granite/Solid
Listing Agent: The Serrano Team
Listing Office: Leading Edge Real Estate
MLS® Number: 73578161