ParkingPaved Drive, Off Street, On Street, Driveway, Paved
Year Built1900
BasementYes
ViewCity
MLS #73312488
Lot Size0.10 Acres
StatusActive (New)
About 50-52 Hooker Ave
This multi-family property presents a fantastic investment opportunity with dual - unit flexibility. The lower unit is a well- designed space featuring two bedrooms, one bathroom, and a comfortable living and dining area - ideal for generating consistent rental income. The upper unit extends over two floors, offering three bedrooms, perfect for those looking to renovate and design an ideal living space. Situated near Matignon and within walking distance of Tufts and Teele Sq. makes it especially attractive. This location offers convenient access to public transportation, making it easy to reach the T, as well as nearby shopping, dining, and entertainment. Whether you're an investor or seeking a new home, this property is brimming with potential.
Property Details
Property Features
Property Information:
Year Built: 1900
Living Area: 2,250 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices Town and Country Real Estate
Office Phone: (781) 237-8787
Listing Agent: Derek Nolan
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Hardwood
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
View: City
Exterior: Rain Gutters
Parking Information:
Parking: Paved Drive, Off Street, On Street, Driveway, Paved
Lot Features
Lot Information:
Lot: Cleared, Level
Lot Size: 0.10 Acres
Other
Directions Information:
Directions: Endicott to Hooker Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Price Per SqFt: $533/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $101.8K more than the Median Sold Price and $97/SqFt less than other homes in Somerville, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73312488
Listing Office:
Office Name: Berkshire Hathaway HomeServices Town and Country Real Estate
Office Phone: (781) 237-8787
Listing Agent: Derek Nolan
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Benjamin Banneker Charter Public School
21 Notre Dame Ave
Distance between this listing and this school0.70 miles
Public Charter Grades PK-6
8
/10
Peabody
70 Rindge Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
7
/10
Hardy
52 Lake St
Distance between this listing and this school0.72 miles
Public District Grades KG-5
Nearby Schools
5
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.38 miles
Public District Grades PK-8
7
/10
Rindge Avenue Upper School
70 Rindge Ave
Distance between this listing and this school0.72 miles
Public District Grades 6-8
6
/10
Gibbs School
41 Foster St
Distance between this listing and this school0.90 miles
Public District Grades 6-6
Nearby Schools
10
/10
Belmont High School
221 Concord Ave
Distance between this listing and this school1.76 miles
Public District Grades 9-12
8
/10
Arlington High School
869 Massachusetts Ave
Distance between this listing and this school1.88 miles
Public District Grades 9-12
4
/10
Medford High School
489 Winthrop St
Distance between this listing and this school1.91 miles
The neighbors living near this home have an average income of $87,500. Residents of Somerville, MA typically earn between $100k-200k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 50-52 Hooker Ave in Somerville, MA and zip code 02144 in the West Somerville neighborhood. This 2,250 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,200,000.
While more than 12 listings in Somerville, MA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 23 were sold below. Between September 2024 and October 2024, Somerville, MA real estate market has seen increase in the number of listings by 8.5%. While the average time on the market in October 2024 was 39 days, the median list price was $1,098,130.
From Rocket Homes Real Estate and based on county public records data.