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30 Cherry St, Somerville MA 02144

$1,377,700

Estimated $3,737.10/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $688,850

Total Rent: 20400/year

Estimated CAP Rate: 0.17%

5 Bedrooms

2 Full Baths

3,107 SqFt

Total Parking: 6

10,191 SqFt

Spacious 2 family house on 10,000 sf lot steps to Porter Square. This 19th century home, which still displays signs of its original Italianate architecture with ample dentil moldings and floor to ceiling first floor windows, was likely built as a single family and was later converted to two units. It now has two separate sets of utilities, heat, and hot water. Still, in this location and with this rare oversized lot, the potential offered by this house and its land is unique.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73101238)

Gross Income: $20,400

Gross Expenses: $18,038

Net Income Calc: $2,362

CAP Rate: 0.17%

Annual Expenses for 30 Cherry St, Somerville MA 02144

Total Gross Expenses (Calculated)$18,038/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$18,038

Annual Income & Unit Breakdown for 30 Cherry St, Somerville MA 02144

Total Gross Income (Calculated)$20,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,700

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 30 Cherry St, Somerville MA 02144

Listing ID73101238

Property TypeMulti Family

Price$1,377,700 ($443.42/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,107 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningNR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 30 Cherry St, Somerville MA 02144

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$20,400

Total Net Income By Broker$20,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 30 Cherry St, Somerville MA 02144

Real Estate Taxes$18,038

Tax Year2023

Assessed Value$1,744,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$20,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$20,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.17%

Location Information for 30 Cherry St, Somerville MA 02144

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Bike Path, Public Transportation, T-station

Contact Information for 30 Cherry St, Somerville MA 02144

Agent

Name: Charles Ball

Office

Name: Berkshire Hathaway HomeServices Commonwealth Real Estate

Phone: 617-666-2121

Team Members

Name: Christine Ball

Phone: 617-893-0470

Payment Calculator

, Interest

Property Taxes 1503.17

Principal & Interest 8488.95

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

Charles Ball

Agent Phone

Office Phone

(617) 666-2121

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT