Overview Property Details Payment Calculator Walkability

Active

67 Wheatland St, Somerville MA 02145

$1,900,000

Estimated $4,256.26/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $633,333.33

Total Rent: 130800/year

Estimated CAP Rate: 6.14%

8 Bedrooms

5 Full Baths

3,109 SqFt

Total Parking: 4

3,920 SqFt

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...

This home has been viewed 29 times

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

Agent

Name: Kelleher - Pentore Team

MLS ID: TM359859

Office ID: AN2723

Office

Name: Horvath & Tremblay

MLS Office ID: AN2723

Phone: 781-776-4000

Team Members

Name: Dennis Kelleher

MLS ID: CN212671

Office ID: AN2723

Phone: 781-776-4002

City: Boston

State: MA

Name: John Pentore

MLS ID: CN212669

Office ID: AN2723

Phone: 781-776-4004

City: Lynnfield

State: MA

Payment Calculator

$12,882.62 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,175.42

Principal & Interest $11,707.20

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Kelleher - Pentore Team

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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                    [modified] => 2025-06-02 04:28:33
                )

)

)

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67 Wheatland St, Somerville MA 02145

$1,900,000

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Horvath & Tremblay

Kelleher - Pentore Team