1 month on rocket

71 Bow St Unit 505U, Somerville, MA, 02143

$924,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
998 SqFt
$927/SqFt
Condo

Location

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71 Bow St Unit 505U, Somerville$924,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnder, Driveway, Paved
Attached GarageYes
Year Built2024
HeatingHeat Pump
CoolingCentral Air
MLS #73311222
StatusActive

About 71 Bow St Unit 505U

Somerville Union Square brand new construction 2 bedroom Penthouse corner unit with PARKING! Light and bright top floor home in an elevator, professionally managed building featuring easy access covered bike parking, modern lobby and package room and keyless LATCH entry plus a SPECTACULAR oversized roof deck with direct elevator access! Condo features a gracious entry with deep coat closet. Two tone Porcelanosa chef's kitchen with Krion counters, Induction cook stop, & large center island for seating and entertaining. Spacious living room features gorgeous oversized windows, recessed lighting and room for dining area. 2 generous bedrooms with double closets. Spa-like bathroom with Grohe fixtures and floating vanity. Beautiful flooring throughout, central air, heat pump, ERV system for constant fresh air and laundry in unit complete this offering in the highly sought after, award winning Union Square neighborhood near the T, Bow Market & award winning restaurants/shopping!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 998 SqFt

Listing Office:

  • Office Name: Charlesgate Realty Group, llc
  • Office Phone: (617) 587-0100
  • Listing Agent: Charlesgate New Development Team

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Flooring Type: Tile, Engineered Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck - Roof

Parking Information:

  • Attached Garage: Yes
  • Parking: Under, Driveway, Paved

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: on Bow Street in the heart of Union Square

Price Information

Listing Price Info

Price Summary:

  • List Price: $924,900
  • Price Per SqFt: $927/SqFt

HOA Fees:

  • Amount: $632
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$637

Avg. Days On Market

40

# of Sold Homes

41

71 Bow St Unit 505U vs Somerville

42 DAYS ON ROCKET

+2 Days

$924,900

-$187.4K Less

$927/SqFt

+$290 More

KEY TAKEAWAY

This property is $187.4K less than the Median Sold Price and $290/SqFt more 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: #73311222

Listing Office:

  • Office Name: Charlesgate Realty Group, llc
  • Office Phone: (617) 587-0100
  • Listing Agent: Charlesgate New Development Team

IDX 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: 12/21/2024, 10:20:51 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

$5,316

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,839

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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.

Nearby Schools

school-card-donut-688078
4
/10
  • King Open

  • 850 Cambridge St

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-688079
8
/10
  • Cambridgeport

  • 89 Elm St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-688080
7
/10
  • Maria L. Baldwin

  • 85 Oxford St

  • 0.87 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,619. Typical income of Somerville, MA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 71 Bow St Unit 505U

What is the listing price of this property?

The listing price of 71 Bow St Unit 505U property is $924,900.

What type of property is this?

The property 71 Bow St Unit 505U is a condo located in Somerville, Massachusetts, 02143.

Is this property for sale now?

Active Listing: 71 Bow St Unit 505U is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 71 Bow St Unit 505U has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 71 Bow St Unit 505U is 998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 71 Bow St Unit 505U is 2024.

Rocket Homes›Massachusetts›Middlesex County›Somerville›02143›71 Bow St Unit 505U

This home is located at 71 Bow St Unit 505U in Somerville, MA and zip code 02143 in the Union Square / Prospect neighborhood. This 998 square foot home was built in 2024. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $924,900.

In November 2024 more than 16 listings in Somerville, MA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 18 were sold below. The inventory of homes for sale in Somerville, MA between October 2024 and November 2024 decreased by 19.8%. Listings spent 40 days on the market in November 2024, and had a median list price of $1,112,333 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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