Investment Analysis — 116 Heath Street #B

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 2.25% cap rate and $17,964/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

872

Style

Condominium

Built

2026

Experience fresh, modern living at 116 Heath Street, Unit B—a stunning 2-bedroom, 1-bath residence in Somerville, newly built from the ground up. Abundant natural light fills the home, creating a warm, inviting atmosphere that complements its thoughtfully selected finishes. At the heart of the residence, a beautifully designed kitchen features custom cabinetry, elegant quartz countertops, an induction range, and a microwave, bringing together style and everyday functionality. Two bedrooms offer flexibility for a restful retreat, welcoming guest space, or home office, while heated bathroom flooring adds a luxurious touch to your daily routine. Step onto your balcony to enjoy morning coffee or unwind at the end of the day. Built to current Massachusetts energy code standards, this all-electric home also features an energy-efficient water heater. Combining brand-new construction, sophisticated finishes, and modern energy-conscious features, this home offers a beautiful setting for Somerville living.

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 MLS and other third-party data may be inaccurate or out of date.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.