Location is everything! This 2- family is just steps to Davis Square! Enjoy the proximity to the redline train, bus stops, restaurants and more! The 1st floor unit offers 2 bedrooms, full bath, a spacious living room, dining room, and kitchen with access to the basement. Uni...
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Last Checked: April 8th, 2025 at 5:18am (Source: MLS PIN #73354364)
Gross Income: $36,000
Gross Expenses: $15,993
Net Income Calc: $20,007
CAP Rate: 1.29%
Annual Expenses for 9 Jay Street, Somerville MA 02144
Total Gross Expenses (Calculated)$15,993/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,993
Annual Income & Unit Breakdown for 9 Jay Street, Somerville MA 02144
Total Gross Income (Calculated)$36,000
Unit 1
Rental Income$3,000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none)
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(none)
General Information for 9 Jay Street, Somerville MA 02144
Listing ID73354364
Property TypeMulti Family
Price$1,550,000 ($526.32/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
MLS AreaDavis Square
Neighborhood(s)
Approximate Living Area Total2,945 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking7
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpaceDeck
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 9 Jay Street, Somerville MA 02144
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$36,000
Total Net Income By Broker$36,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 9 Jay Street, Somerville MA 02144
Real Estate Taxes$15,993
Tax Year2024
Assessed Value$1,520,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$36,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$36,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.29%
Location Information for 9 Jay Street, Somerville MA 02144
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDavis Square
Area AmenitiesShopping, Park, Public Transportation, T-station
Contact Information for 9 Jay Street, Somerville MA 02144