Active
81 Days on market
8 Melvin St #2 Somerville — Photo 1 of 37

8 Melvin St #2 Somerville — Photo 1 of 37

Recent Drop: $20,000

$939,000
$919,000

$919,000

Investment Analysis — 8 Melvin St #2

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02145 carries an estimated $4,020/mo in gross rent — about a 2.80% cap rate and $25,772/yr in estimated NOI at the $919,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,495

Style

Condominium

Built

1910

OPEN HOUSE Sun 9/13 between 12pm-1:30pm-PRICE IMPROVEMENT-Tastefully renovated open floor concept with 3br/2 baths Condo on 2nd fl in Winter Hill area of Somerville - Features include new kitchen with new cabinets, quartz countertop, new stainless steel appliances including gas stove & microwave, master suite with attached full bath, good sized bedrooms, hardwood flooring throughout, Tile flooring in baths, ample storage space including direct & private access to the basement, one floor living, laundry hookup, enclosed deck, upgraded electric wiring & panels, new WH, new HVAC, 2 deeded tandem off-street parking spaces etc. Easy access to the new Green line extension, Assembly Row, Restaurants, Shopping, Tufts, Logan airport, downtown Boston- A commuter's dream! Association fee, taxes & assessed value are approximate & will be revised. Association fee includes master insurance, common lights, landscaping & snow removal.

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 MLS and other third-party data may be inaccurate or out of date.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$939,000
Annual Taxes$8,490
HOA Fee$200

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Vinyl, Hardwood
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofAsphalt/Composition Shingles
Foundation--
ZoningMR5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl Second

Flooring - Hardwood, Open Floorplan, Remodeled

Kitchen
Lvl Second

Flooring - Hardwood, Dining Area, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances

Primary Bedroom
Lvl Second

Bathroom - 3/4, Closet, Flooring - Hardwood, Remodeled

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Remodeled

Bathroom 1
Lvl Second

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled

Property History

Price Drop
$919,000

Was $939,000

Jul 30, 2026

MLS® 73541863

Listed
$939,000

Jun 25, 2026

MLS® 73541863

Listing Provided By

Listing Agent: Maha Krishnakumar

Listing Office: LXTN Realty

MLS® Number: 73541863