
197 Washington St #409 Somerville — Photo 1 of 28
$685,000
Investment Analysis — 197 Washington St #409
Somerville, MA 02143 — Union Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02143 carries an estimated $2,920/mo in gross rent — about a 1.96% cap rate and $13,420/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
738
Style
Condominium
Built
2015
Union Square. Elevator Building. Meticulously-maintained top floor modern 1-bedroom condominium. The open floor plan begins with high-ceilings, a contemporary white kitchen featuring ample cabinets, gas cooking, quartz counters, stainless steel appliances and a versatile breakfast island. All-day sun floods the Living/Dining/Kitchen with full-southern exposure, floor-to-ceiling windows & panoramic Boston Skyline views. The bedroom boasts floor-to-ceiling windows again with custom walk-in closet/dressing area that opens to a modern bathroom with spacious walk-in shower. Also, wide-plank hardwood floors throughout, custom plantation style shutters, full-size in-unit laundry, full-size covered deeded parking and large private walk-in storage room. Building amenities include a common clubroom and roof deck with comfy seating, a first floor gym and a spacious elevator servicing all floors including the roof deck. Located just 1 block to Union Square, the Green Line T-station as well as dozens of cafes, restaurants and shops. With a walk score of 96, a bike score of 94 and a transit score of 81 it doesn't get more centrally located.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Interior Specifications
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Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
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Floorplan Breakdown
Structural Layout
Living Room
Lvl nullFlooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl nullFlooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl nullFlooring - Hardwood, Kitchen Island, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl nullBathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Listing Agent: Peter Boyajian Team
Listing Office: Real Estate 109
MLS® Number: 73559838