CCertihomes
38 Laurel St, Somerville, MA 02143

$1,899,900

10 beds 6 baths 5,400 sqft Built 99994 days on marketActive

About this home

APPROVED HUGE THREE UNIT MULTI... FOR RENTAL OR DEVELOPMENT...ON 9, 935 SQ FT OF LAND AND OVER 5000 SQ FT OF APPROVED INTERIOR SPACE ...currently an empty lot with accessory 'garage'. COMES WITH EXISTING PLANS WHICH HAVE ALREADY BEEN SUBMITTED TO INSPECTIONAL SERVICES FOR A BUILDING PERMIT. Designed as a 7-7-4 rooms per floor and 4-4-2 bedrooms per floor with a full unfinished basement. Approved plans have 4 non tandem parking spots. Rated a WALKER'S PARADISE WALK SCORE OF 93 and a BIKER'S PARADISE BIKE SCORE OF 91. Will be delivered with plans AND A BUILDING PERMIT FOR CURRENT PLANS...Plans are available upon request. Only a half mile to the GREEN LINE at Gilman Sq. Less than a mile to the RED LINE in Porter Sq. Less than a mile to Union Square. FANTASTIC LOCATION IN A GREAT NEIGHBORHOOD.

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
$12,068/mo

Real estate (PITI + HOA + PMI)
$12,185
Principal + interest$8,617
Property tax + insurance$2,856
PMI / 2nd mortgage$712
Utilities
$743
Heating + cooling$210
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$157
$12,068/mo TLC
Budget$12,568/mo
Remaining after TLC$500/mo
Purchase price
$1,899,900
Down payment
$94,995 (5%)
Loan amount
$1,804,905
APR
4%

Quick facts

Type
3 Family
Style
Year built
9999
Lot size
0.23 ac
Stories
6
Heating
Cooling
Water
Public
HOA
Annual tax
$11,240
MLS #
73235194
County
Middlesex

Home features

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.

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Listing information last refreshed 5/8/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.