CCertihomes
6-8 Knapp Street, Somerville, MA 02143

$1,850,000

11 beds 4 baths 4,924 sqft Built 19004 days on marketActive

About this home

6-8 Knapp Street is an opportunity to acquire a massive 3-family (5, 580 Square Feet) that has been meticulously maintained and is located in a coveted neighborhood of Somerville. The property has an excellent rental history but also provides upside potential for a new coming investor. This area is full of amenities for tenants including Bow Market, Market Basket and Gilman/Union Sq Green Line Stations.

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
$12,243/mo

Real estate (PITI + HOA + PMI)
$12,340
Principal + interest$8,391
Property tax + insurance$3,255
PMI / 2nd mortgage$694
Utilities
$747
Heating + cooling$212
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$157
$12,243/mo TLC
Budget$12,743/mo
Remaining after TLC$500/mo
Purchase price
$1,850,000
Down payment
$92,500 (5%)
Loan amount
$1,757,500
APR
4%

Quick facts

Type
3 Family
Style
Year built
1900
Lot size
0.06 ac
Stories
6
Heating
Baseboard
Cooling
Water
Public
HOA
Annual tax
$16,806
MLS #
73229264
County
Middlesex

At a glance

Basement
Balcony

Home features

Appliances
WasherDryer
Exterior
Balcony
Parking
On Street
Flooring
Wood, Tile
Roof
Rubber
Sewer
Public Sewer

Lot features

Other

Neighborhood — 02143

MetricThis ZIPCountyUSA
Population25,9986,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density16,860786
Male12,8553,127,134147,432,321
Female13,1433,317,797151,655,844
Never Married12,0511,612,88563,775,926
Married7,2382,586,314123,120,365
Separated1,155247,85712,639,686
Widowed1,217363,59415,467,586
Divorced1,491436,88823,075,029
Number Of House Hold11,4432,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age32.9637.2535.46
Median House Hold Income$49,818$57,698$48,276
Average House Hold Income$56,671$75,023$63,629
P C I$25,726$29,196$24,529
M D I$42,538$48,105$41,133
A T H E$47,532$57,083$50,898
S T R5.00%5.00%
W C J76.32%81.38%77.74%
(Zip) Code
2143

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 4/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.