Back to Search
Active
3 Days on market
1 Tannery Brook Row #1E Somerville — Photo 1 of 26

1 Tannery Brook Row #1E Somerville — Photo 1 of 26

$960,000

Investment Analysis — 1 Tannery Brook Row #1E

Somerville, MA 02144 — Davis Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02144 carries an estimated $3,060/mo in gross rent — about a 1.69% cap rate and $16,264/yr in estimated NOI at the $960,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

982

Style

Condominium

Built

1890

With soaring ceilings and an open, creative floor plan, this is an excellent example of true urban loft living. Set in a converted 19th-century mill building, the unit is durably constructed with heavy timbers and exposed brick walls. A custom-crafted elevated platform makes a dramatic statement, featuring a Jøtul gas heating stove, clever hidden storage compartments, and even a concealed bed on rollers. A separate study/guest nook offers sunlit privacy from the main area. The luxurious split bathroom pairs practical fixtures on one side with a separate space for a shower and Jacuzzi soaking tub, both daylit by a large glass block wall. Other enticing features include a new HVAC system, in-unit laundry, custom shelving, secure bike storage,and an exclusive yard with patio. This fun community is known for its friendly neighbors and attentive on-site management, all just a short walk from the excitement and amenities of Davis Square.

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 MLS and other third-party data may be inaccurate or out of date.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$960,000
Annual Taxes$6,875
HOA Fee$397.33

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms2
Fireplaces1
FlooringHardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Post & Beam
RoofRubber
Foundation--
ZoningUR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer/Dryer • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • T-Station

Geography

Listing Provided By

Listing Agent: Jean Tepaske

Listing Office: Davis Design / Development

MLS® Number: 73586192