CCertihomes
395 Alewife Brook Parkway #2F, Somerville, MA 02144

$1,049,900

2 beds 2 baths 1,512 sqft Built 2023482 days on marketActive

About this home

Developer Incentive! 1st Year Rate Buydown to 4.5%. The Parkway, a newly constructed 23-unit luxury condominium building. Built by a developer with a passion for quality and attention to detail. This sun-filled unit offers 2 large bedrooms and a large study, as well as an open-concept layout with hardwood floors, large windows, in-unit laundry and an amazing balcony. A dream for any home chef, each kitchen is expertly designed with quartz countertops and custom hood, complimented by high-end appliances. Luxuriously appointed, each bathroom inspires a spa-like feel, creating a relaxing environment to face the day or unwind for the night. 1 assigned carport parking spot, common pet-washing station, car-charging station, and keyless fob system are included. The Parkway takes advantage of everything Somerville has to offer. An evening with friends at Davis Square, the natural beauty of Minuteman Bikeway, or a quick trip to Boston on the new MBTA Green Line.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,359/mo

Real estate (PITI + HOA + PMI)
$7,587
Principal + interest$4,762
Property tax + insurance$2,131
HOA$300
PMI / 2nd mortgage$394
Utilities
$517
Heating + cooling$139
Internet + TV + phone$157
Water + sewer + garbage$41
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$7,359/mo TLC
Budget$7,859/mo
Remaining after TLC$500/mo
Purchase price
$1,049,900
Down payment
$52,495 (5%)
Loan amount
$997,405
APR
4%

Quick facts

Type
Condominium
Style
Year built
2023
Lot size
Stories
1
Heating
Central, Natural Gas
Cooling
Central Air
Water
Public, Individual Meter
HOA
$300 / Monthly
Annual tax
$9,999
MLS #
73071733
County
Middlesex

At a glance

Air conditioning
Basement
Dishwasher
Balcony

Home features

Appliances
RangeOvenDishwasherDisposalMicrowaveRefrigeratorWasherDryer
Exterior
Balcony
Community
Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsMedical FacilityBike PathConservation AreaHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversity
Parking
CarportAssigned
Security
Intercom
Flooring
Hardwood
Roof
Rubber
Sewer
Public Sewer

Neighborhood — 02144

MetricThis ZIPCountyUSA
Population21,9206,444,931299,088,112
Population Change Since1990-5.00%7.00%20.00%
Population Density20,395786
Male10,4183,127,134147,432,321
Female11,5023,317,797151,655,844
Never Married11,6921,612,88563,775,926
Married5,3202,586,314123,120,365
Separated684247,85712,639,686
Widowed1,127363,59415,467,586
Divorced1,003436,88823,075,029
Number Of House Hold8,6182,431,591111,826,380
Average House Hold Size2.262.562.60
Medial Age29.6737.2535.46
Median House Hold Income$61,647$57,698$48,276
Average House Hold Income$68,047$75,023$63,629
P C I$28,196$29,196$24,529
M D I$51,042$48,105$41,133
A T H E$53,965$57,083$50,898
S T R5.00%5.00%
W C J80.99%81.38%77.74%
(Zip) Code
2144

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 1/18/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.