Investment Analysis — 3 Lincoln Pl

Somerville, MA 02145

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02145 carries an estimated $5,350/mo in gross rent — about a 4.88% cap rate and $41,472/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,609

Style

Multi Family

Built

1900

Located just a few blocks from Sullivan Station, this multi-family home is a great opportunity for commuters, investors, or contractors. The property is ready for someone with vision and offers plenty of potential to renovate, update, or explore the possibility of adding another unit (subject to local approvals). Whether you're looking for your next project or a value-add investment, this property is full of possibilities.

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 MLS and other third-party data may be inaccurate or out of date.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