CCertihomes
38 Fairmount Avenue, Somerville, MA 02144

$1,650,000

7 beds 3 baths 3,442 sqft Built 191019 days on marketActive

About this home

Desirable West Somerville location! In the heart of Teele Square, walking distance to Tufts University and Davis Square red line. Great investment opportunity! Second floor unit boasts five spacious bedrooms, with potential for a sixth, a total of 8 rooms and 2 full baths. First floor unit contains two additional bedrooms, 5 rooms total, one full bath and a bonus sunporch. A large and dry basement, as well as, coveted off-street parking for multiple vehicles and a quaint patio backyard. Each unit includes laundry and separate private entrances. Don’t miss this opportunity, schedule your private viewing today!

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
$10,503/mo

Real estate (PITI + HOA + PMI)
$10,540
Principal + interest$7,483
Property tax + insurance$2,438
PMI / 2nd mortgage$619
Utilities
$699
Heating + cooling$188
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$10,503/mo TLC
Budget$11,003/mo
Remaining after TLC$500/mo
Purchase price
$1,650,000
Down payment
$82,500 (5%)
Loan amount
$1,567,500
APR
4%

Quick facts

Type
Multi Family
Style
Year built
1910
Lot size
0.08 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$9,883
MLS #
73230968
County
Middlesex

At a glance

Basement

Home features

Community
Public TransportationShoppingWalk/Jog TrailsBike PathHighway AccessPublic School
Parking
Paved DriveOff StreetTandem
Flooring
Hardwood
Roof
Slate
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 5/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.