3 Somerville Ave Braintree — Photo 1 of 30
$659,900
Investment Analysis — 3 Somerville Ave
Braintree, MA 02184
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02184 carries an estimated $5,630/mo in gross rent — about a 6.83% cap rate and $45,063/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,566
Style
Multi Family
Built
1907
Great opportunity for an investor or owner-occupant! This property offers the unique potential to live in one home while renting the other for additional income, or use the second home for a family member, in-law, or extended family living arrangement.For investors, there may also be an opportunity to explore a potential subdivision, with both properties offering frontage and off-street parking, subject to town approval and applicable zoning requirements. The property also features a garage and shed, providing valuable additional storage space.Both properties could benefit from updating and cosmetic improvements, providing an opportunity to add value and personalize the homes. Whether you're looking for an owner-occupied investment, additional rental income, or a potential development opportunity, this property offers plenty 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Jermaine A. Hurley
Listing Office: Cameron Real Estate Group
MLS® Number: 73580313