Active
3 Days on market
60 Franklin St #3 Somerville — Photo 1 of 32

60 Franklin St #3 Somerville — Photo 1 of 32

$1,149,000

Investment Analysis — 60 Franklin St #3

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02145 carries an estimated $4,020/mo in gross rent — about a 1.76% cap rate and $20,174/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,700

Style

Condominium

Built

2026

Contemporary NEW CONSTRUCTION condo that lives like a single family in desirable East Somerville, just minutes from both the Green and Orange Lines. This impressive 3 bedroom, 2.5 bathroom residence offers three levels of finished living space with thoughtfully selected high end finishes, hardwood floors, and Harvey windows throughout. The main level features a bright living room with an electric fireplace and private side deck, opening to an elegant kitchen with premium appliances, quartz center island, and exterior vented range. Upstairs highlights, two bedrooms include one with cathedral ceilings and a walk in closet, along with a full bathroom. The finished lower level offers valuable flex space with a spacious family room that doubles as a bedroom, featuring a wet bar and beverage cooler, plus a full bathroom. One deeded parking space. Enjoy easy access to Glen Park, the Somerville Community Garden, Somerville Community Path, local restaurants, major commuter routes, and downtown Boston. Open House Saturday 9/12 and Sunday 9/13 12:00PM to 1:30PM.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$1,149,000
Annual Taxes--
HOA Fee$225

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
Fireplaces1
FlooringWood, Tile, Hardwood, Engineered Hardwood
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump, Electric
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningCONDO

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomBathroom 1
Basement
Family RoomBathroom 3
Main,First
Kitchen
Living Room
Lvl First

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Pendant, Flooring - Engineered Hardwood

Kitchen
Lvl Main,First

Flooring - Hardwood, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Lighting - Pendant, Flooring - Engineered Hardwood

Family Room
Lvl Basement

21.166666666 x 21.166666666

Bathroom - Full, Closet, Flooring - Hardwood, Wet Bar

Master Bedroom
Lvl Second

12.833333333 x 16.25

Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood

Bedroom 2
Lvl Second

9.416666666 x 11

Bathroom 1
Lvl First

6 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce

Bathroom 2
Lvl Second

5 x 11

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce

Bathroom 3
Lvl Basement

8.416666666 x 4.666666666

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce

Property History

Listed
$1,149,000

Sep 9, 2026

MLS® 73574100

Listed
$1,149,000

Sep 9, 2026

MLS® 73574340

Listing Provided By

Listing Agent: The Synergy Group

Listing Office: The Synergy Group

MLS® Number: 73574100