67 Wheatland consists of a three-story building with 3 residential units consisting of (2) 3.5-Bedroom/2-Bathroom units and (1) 2-bedroom/1-bathroom unit. Units 1 and 2 will vacate at the end of their current leases, allowing the opportunity for an owner-user acquisition. 67...
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Last Checked: June 2nd, 2025 at 4:28am (Source: MLS PIN #73364699)
Gross Income: $130,800
Gross Expenses: $14,105
Net Income Calc: $116,695
CAP Rate: 6.14%
Annual Expenses for 67 Wheatland St, Somerville MA 02145
Total Gross Expenses (Calculated)$14,105/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$14,105
Annual Income & Unit Breakdown for 67 Wheatland St, Somerville MA 02145
Total Gross Income (Calculated)$130,800
Unit 1
Rental Income$3,000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$3,950
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$3,950
LeaseY
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 67 Wheatland St, Somerville MA 02145
Listing ID73364699
Property TypeMulti Family / 3 Family
Price$1,900,000 ($611.13/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,109 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningNR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 67 Wheatland St, Somerville MA 02145
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$30,178
Total Gross Income By Broker$131,560
Total Net Income By Broker$101,382
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 67 Wheatland St, Somerville MA 02145
Real Estate Taxes$14,105
Tax Year25
Assessed Value$1,275,200
Financial Data Source
Total Gross Expenses By Broker$30,178
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$131,560
BostonRealEstate.com Gross Income
Total Net Income By Broker$101,382
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.14%
Location Information for 67 Wheatland St, Somerville MA 02145
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University
Contact Information for 67 Wheatland St, Somerville MA 02145