4 Fairlee Street Somerville — Photo 1 of 29
$2,185,000
Investment Analysis — 4 Fairlee Street
Somerville, MA 02144
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02144 carries an estimated $4,820/mo in gross rent — about a 1.21% cap rate and $26,477/yr in estimated NOI at the $2,185,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
3,200
Style
Single Family
Built
1915
Tucked away on a quiet side street, steps to Davis Square, this 2024 fully gut renovated Single is a rare find! Sunlit open concept living level is the perfect layout; living room w/ bay window, custom built-ins and fireplace adjacent to a separate dining area. Chef’s kitchen with quartz waterfall counters, curio cabinetry, stainless steel appliances and a full suburban style pantry. Adorable mudroom nook & powder room by your back door to your lovely rear fenced in yard with custom storage shed and adjacent private driveway. Second level with one of two primary bedroom suite options plus two additional bedrooms and guest bath with tub/shower. Tree top third floor with vaulted ceilings and skylights perfect for primary or guest suite with walk-in closet or office & additional office+play space. All this and a bonus lower level media/living room with wet bar and a fourth full bath/laundry. Gorgeous hw floors, custom window treatments and seconds to shops, MBTA, freeways, Porter Sq!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,200 sq ft principal dwelling). Lot size: 2,160 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Property History
$2,185,000
Sep 8, 2026
MLS® 73573344
$2,185,000
Sep 3, 2026
MLS® 73538865
$7,000
Aug 24, 2026
MLS® 73552960
$7,000
Jul 21, 2026
MLS® 73552960
$2,185,000
Jun 19, 2026
MLS® 73538865
Listing Agent: Kyle Kaagan
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73573344