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67 Days on market
10 Cutler Street #10 Somerville — Photo 1 of 25

10 Cutler Street #10 Somerville — Photo 1 of 25

Recent Drop: $24,900

$599,900
$575,000

$575,000

Investment Analysis — 10 Cutler Street #10

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02145 carries an estimated $3,350/mo in gross rent — about a 3.86% cap rate and $22,171/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

951

Style

Condominium

Built

1987

Exceptional opportunity for investors, contractors, or owner-occupants looking to create their dream home in prime East Somerville! Situated in a quiet 3-unit townhouse complex built in 1987, 10 Cutler Street offers 951 sq. ft. of efficient living space across two distinct levels. The main level welcomes you with a bright, open-concept living and dining area featuring charming exposed accent beams and a seamless flow into the kitchen. A convenient half bath completes the first floor. Up the open staircase, the second floor features two spacious, light-filled bedrooms with double closets and a full bathroom complete with a tub/shower combination and stacked in-unit laundry. A clean slate and true "blank canvas" for the next owner to install their choice of hardwood, luxury vinyl plank, or fresh carpet. Major mechanical upgrades include a wall-mounted, high-efficiency gas boiler for energy-conscious heating. Outside, enjoy the exclusive-use patio area—perfect for outdoor dining, grilling, or container gardening—along with designated off-street parking in the paved lot. Unbeatable location just steps from Broadway and Washington Street, minutes to Foss Park, Assembly Row, and Union Square. Commuters will love the quick access to I-93, Route 28, local MBTA bus routes, and nearby Green Line Extension (Gilman Sq/East Somerville) and Orange Line (Sullivan Sq/Assembly) stations.

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$649,900
Annual Taxes$5,681
HOA Fee$225

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas, Individual, Unit Control
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningNR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Property History

Price Drop
$575,000

Was $599,900

Sep 22, 2026

MLS® 73557234

Price Drop
$599,900

Was $624,900

Sep 8, 2026

MLS® 73557234

Price Drop
$624,900

Was $649,900

Aug 20, 2026

MLS® 73557234

Listed
$649,900

Jul 30, 2026

MLS® 73557234

Listing Provided By

Listing Agent: Thomas Mario

Listing Office: Century 21 Mario Real Estate

MLS® Number: 73557234