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395 Alewife Brook Parkway #3H Somerville — Photo 1 of 22

395 Alewife Brook Parkway #3H Somerville — Photo 1 of 22

Recent Drop: $20,100

$850,000
$829,900

$829,900

Investment Analysis — 395 Alewife Brook Parkway #3H

Somerville, MA 02144 — West Somerville

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 2.46% cap rate and $20,420/yr in estimated NOI at the $829,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,274

Style

Condominium

Built

2023

Spanning nearly 1,300 sqft, Unit 3H delivers an expansive layout and flexible footprint of a 3 bedroom home. Built in 2023, this top tier modern residence features a refined open-concept layout defined by high-end finishes and an abundance of natural light. The versatile floor plan features two oversized bedrooms PLUS a large third bedroom or study, providing the perfect setup for a dedicated home office, nursery, studio or guest quarters. The kitchen is designed for daily use and entertaining alike, equipped with quartz countertops, a custom-vented hood, and professional-grade appliances, while the bathrooms offer a clean, contemporary aesthetic. Practical features include a private balcony, in-unit laundry, and deeded carport parking. This accessible building is well-appointed with secure bike storage, a pet-washing station, and a keyless fob system. Located just steps from the Green Line and Minuteman Bikeway, the property is central to vibrant Davis Square and offers a quick commute into Boston!

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 MLS and other third-party data may be inaccurate or out of date.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$865,000
Annual Taxes$4,077
HOA Fee$725

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood, Flooring - Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas, Individual, Unit Control
CoolingCentral Air, Individual, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningMR3

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomOfficeBathroom 1Bathroom 2
Main,Third
KitchenPrimary BedroomBedroom 2
Living Room
Lvl Third

15 x 18.5

Flooring - Hardwood, Balcony - Exterior, Open Floorplan, Recessed Lighting

Kitchen
Lvl Main,Third

15 x 11

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant

Office
Lvl Third

10 x 8.5

Flooring - Hardwood, Recessed Lighting

Primary Bedroom
Lvl Main,Third

16 x 14

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Main,Third

16 x 11.5

Bathroom 1
Lvl Third

9 x 7

Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded

Bathroom 2
Lvl Third

9 x 6.5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded

Property History

Price Drop
$829,900

Was $850,000

Oct 1, 2026

MLS® 73569463

Price Drop
$850,000

Was $865,000

Sep 17, 2026

MLS® 73569463

Listed
$865,000

Aug 28, 2026

MLS® 73569463

Terminated
$865,000

Jun 28, 2026

MLS® 73534782

Listed
$865,000

Jun 11, 2026

MLS® 73534782

Listing Provided By

Listing Agent: Kim Covino & Co. Team

Listing Office: Compass

MLS® Number: 73569463