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Canceled

10 Corinthian Road, Somerville MA 02144

$3,950,000

Estimated $25,822.25/month Calculator

Land

Residential

9,315 SqFt (0.21 acres)

Offered for sale is a rare to market 12-unit (2 6-unit structures) boutique condo project in close proximity to Davis Square delivered with zoning approvals. The site is located adjacent to world-renowned Tufts University and a short walk to the Davis Square Transit Station. The development boasts 15,691 GSF across 12 Market Rate units with 8-9 off-street surface parking spaces and dedicated outdoor space for each unit. The unit mix consists of (2) 1-Beds, (6) 2-Beds & (4) 3-Beds. Recent sales comps in the immediate vicinity project a sellout of $13,274,500 imputing a 34.97% Return on Cost and an Equity Multiple of 2.4.Project can also be delivered with a building permit for additional consideration.

This home has been viewed 26 times

Last Checked: October 23rd, 2024 at 4:19am (Source: MLS PIN #73271958)

General Information for 10 Corinthian Road, Somerville MA 02144

Listing ID73271958

Price$3,950,000

Land TypeResidential

Approx AcresApprox. 0.21 acres (9,315 SqFt)

Number of Lots

Approximate Street Frontage

Road Frontage Type

ZoningNR

ElectricAt Street

GasAt Street

WaterPublic

SewerPublic Sewer

Cultivation AcresNone

Pasture AcresNone

Timber AcresNone

PERC Test

PERC Test DateUnknown

AssociationNo

Association Required

Association Fee$0

Lot FeaturesLevel, Corner Lot

WaterfrontNo

Waterfront FeaturesNo

View

Disclosures for 10 Corinthian Road, Somerville MA 02144

DEQE/DEP#

Senior CommunityNo

Disclosures

Special Listing Conditions

For Sale By OwnerNo

Buyer Agent Compensation1.75

Facilitator Compensation

Sub-Agent Compensation

Financial Information for 10 Corinthian Road, Somerville MA 02144

AssociationNo

Association Fee$0

Tax$17,803.34

Tax Year2024

Assessed Value$1,668,800

Contact Information for 10 Corinthian Road, Somerville MA 02144

Agent

Name: Ryan Taylor

Office

Name: Fortune RE

Phone: 617-874-1000

Payment Calculator

, Interest

Property Taxes 1483.61

Principal & Interest 24338.64

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Fortune RE

Ryan Taylor

Agent Phone

Office Phone

(617) 874-1000

Text Agent Call Agent Call Office

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EXIT