Overview Property Details Payment Calculator Walkability

Pending

281 Alewife Brook Pkwy, Somerville MA 02144

$1,125,000

Estimated $2,757.35/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $562,500

Total Rent: 78600/year

Estimated CAP Rate: 5.99%

5 Bedrooms

2 Full Baths

2,350 SqFt

Total Parking: 6

4,624 SqFt

Directly across from Dilboy Field and close to Tufts and Teele Square, this well-maintained 2-family is a prime investment opportunity with strong rental income in place. Set on a dead-end cul-de-sac and tucked off the main street across from a newly added park, the first-fl...

This home has been viewed 22 times

Last Checked: July 9th, 2025 at 8:18am (Source: MLS PIN #73389240)

Gross Income: $78,600

Gross Expenses: $11,198

Net Income Calc: $67,402

CAP Rate: 5.99%

Annual Expenses for 281 Alewife Brook Pkwy, Somerville MA 02144

Total Gross Expenses (Calculated)$11,198/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,198

Annual Income & Unit Breakdown for 281 Alewife Brook Pkwy, Somerville MA 02144

Total Gross Income (Calculated)$78,600

Unit 1

Rental Income$2,900

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$3,650

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Listing ID73389240

Property TypeMulti Family

Price$1,125,000 ($478.72/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,350 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesSloped

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor SpacePorch

ZoningRA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 281 Alewife Brook Pkwy, 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$78,600

Total Net Income By Broker$78,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Real Estate Taxes$11,198

Tax Year2025

Assessed Value$1,026,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$78,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$78,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.99%

Location Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Agent

Name: Max Dublin Team

MLS ID: TM351307

Office ID: AN2064

Office

Name: Gibson Sotheby's International Realty

MLS Office ID: AN2064

Phone: 617-945-9161

Team Members

Name: Max Dublin

MLS ID: BB809483

Office ID: AN2064

National Association ID: 449529912

Phone: 617-230-7615

City: Medford

State: MA

Name: Katherine Tolman

MLS ID: CN246828

Office ID: AN2064

Phone: 617-599-4930

Payment Calculator

$7,865.06 per month

30 Years Fixed, 6.75% Interest

Property Taxes $933.17

Principal & Interest $6,931.89

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Max Dublin Team

Agent Phone

Office Phone

(617) 945-9161

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.11 acres (4,624 SqFt)
    [add_date] => 2025-06-11 20:08:14
    [address] => Alewife Brook Pkwy
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => TM351307
            [name] => Max Dublin Team
            [national_association] => 
            [office] => AN2064
            [state] => 
            [zip] => 
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,350 SqFt
    [approx_lot_size_acres] => 0.11 acres
    [approx_lot_size_sqft] => 4,624 SqFt
    [assessed_value] => $1,026,400
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 2 Full
    [bedrooms] => 5
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 281 Alewife Brook Pkwy Somerville
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Multi Family
    [cap_rate] => 5.99%
    [city] => Somerville
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Directly across from Dilboy Field and close to Tufts and Teele Square, this well-maintained 2-family is a prime investment opportunity with strong rental income in place. Set on a dead-end cul-de-sac and tucked off the main street across from a newly added park, the first-floor 2-bed, 1-bath unit is leased through August 2026; the upper 3-bed, 1-bath unit with private porch is leased through August 2025. Both units offer hardwood floors, separate living and dining rooms, and period charm including built-in china cabinets. A fenced backyard and off-street parking for 3+ cars add value and appeal. With stable tenants and a desirable location near transit, parks, and universities, this property is a smart addition to any portfolio. Seller welcomes offers with requests for buyer concessions.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Block
        )

[frontage_length] => 
    [full_baths] => 2
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $78,600
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 641109
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2025-07-09 08:18:12
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 2
    [living_area] => 2,350 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Sloped
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73389240
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 67402
    [net_operating_income] => Array
        (
            [0] => $78,600
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN2064
            [name] => Gibson Sotheby's International Realty
            [phone] => 617-945-9161
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
            [0] => Porch
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 617-230-7615
    [pool_features] => Array
        (
        )

[price] => $1,125,000
    [price_per_sqft] => 478.72
    [price_per_unit] => 562500
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => $11,198
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 13
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Pending
        )

[street_number] => 281
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => Array
        (
            [0] => Array
                (
                    [id] => BB809483
                    [name] => Max Dublin
                    [phone] => 617-230-7615
                    [address] => 33 Sheridan Avenue
                    [city] => Medford
                    [state] => MA
                    [zip] => 02155
                    [office] => AN2064
                    [national_association] => 449529912
                )

[1] => Array
                (
                    [id] => CN246828
                    [name] => Katherine Tolman
                    [phone] => 617-599-4930
                    [address] => 
                    [city] => 
                    [state] => 
                    [zip] => 
                    [office] => AN2064
                    [national_association] => 
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 11198
    [total_gross_income] => 78600
    [total_parking] => 6
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 2900
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 3650
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 281 Alewife Brook Pkwy, Somerville MA 02144
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1920
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02144
    [zoning] => RA
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 124781906
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/641109/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:16
                    [modified] => 2025-07-09 08:18:16
                )

[1] => Array
                (
                    [id] => 124782823
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[2] => Array
                (
                    [id] => 124782824
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[3] => Array
                (
                    [id] => 124782825
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[4] => Array
                (
                    [id] => 124782826
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[5] => Array
                (
                    [id] => 124782827
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[6] => Array
                (
                    [id] => 124782828
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[7] => Array
                (
                    [id] => 124782829
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[8] => Array
                (
                    [id] => 124782830
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[9] => Array
                (
                    [id] => 124782831
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[10] => Array
                (
                    [id] => 124782832
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[11] => Array
                (
                    [id] => 124782833
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[12] => Array
                (
                    [id] => 124782834
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[13] => Array
                (
                    [id] => 124782835
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[14] => Array
                (
                    [id] => 124782836
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[15] => Array
                (
                    [id] => 124782837
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[16] => Array
                (
                    [id] => 124782838
                    [name] => MLS17.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=17
                    [index] => 17
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[17] => Array
                (
                    [id] => 124782839
                    [name] => MLS18.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[18] => Array
                (
                    [id] => 124782840
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[19] => Array
                (
                    [id] => 124782841
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

[20] => Array
                (
                    [id] => 124782842
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389240&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-07-09 08:18:24
                    [modified] => 2025-07-09 08:18:24
                )

)

)

EXIT

Pending

281 Alewife Brook Pkwy, Somerville MA 02144

$1,125,000

Annual Expenses for 281 Alewife Brook Pkwy, Somerville MA 02144

Annual Income & Unit Breakdown for 281 Alewife Brook Pkwy, Somerville MA 02144

General Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Disclosures for 281 Alewife Brook Pkwy, Somerville MA 02144

Financial Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Location Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Contact Information for 281 Alewife Brook Pkwy, Somerville MA 02144

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Gibson Sotheby's International Realty

Max Dublin Team