Active

166 Days on market

519 Broadway #407 Somerville — Photo 1 of 41

Recent Drop: $25,000

$675,000

$650,000

Investment Analysis — 519 Broadway #407

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02145 carries an estimated $2,820/mo in gross rent — about a 2.31% cap rate and $14,985/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

877

Style

Condominium

Built

2020

Welcome to 519 on Broadway - the perfect blend of modern city living & Somerville charm, right on the Medford/Somerville line. Built in 2020, this 1BD/1BA condo offers 877 sq ft of thoughtfully designed space.The chef's kitchen features stainless steel appliances, quartz countertops & waterfall peninsula. Oversized windows flood the space with natural light, beautiful hardwood floors run throughout, and a Juliet balcony adds that perfect city touch. In-unit laundry & off-street parking included. Rooftop deck with Boston skyline views, grilling area, clubhouse with bathroom, full kitchen & function room, fitness center, theater room, garden deck, work center, bike room & private storage unit. The location seals the deal. Perfectly located in Magoun Square - minutes to the Green Line, Ball Sq, Davis Sq, Tufts & community bikeway & only 4 miles from Boston. All the space, parking & amenities of city living w/out the Boston price tag. This is the lifestyle upgrade you've been waiting for!

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 MLS and other third-party data may be inaccurate or out of date.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