7 months on rocket

71 Bow Unit 406, Somerville, MA, 02143

$924,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,014 SqFt
$912/SqFt
Condo

Location

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71 Bow Unit 406, 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 #73239983
StatusActive

About 71 Bow Unit 406

THIS IS THE ONE FOR YOU in the heart of Union Square! South facing 2 bedroom 1 bath corner unit is flooded with sunlight and includes an OFF STREET PARKING SPOT! Luxury BRAND NEW construction home features White oak flooring, gorgeous Schuco windows, recessed lighting, central air, ERV system for constant fresh air and laundry in unit all in an elevator building with SPECTACULAR oversized roof deck and easy access ride in covered bike parking. Two tone Porcelanosa kitchen with Induction cook top and Extra large center island for entertaining/work space/seating. Wide living room with plenty of space for designated dining area. Generous entryway with a deep coat closet and 2 bedrooms both with double closets. Designer bathroom with Grohe fixtures and floating vanity. All in award winning Union Square near the T, Bow Market, shopping and dining & easy access to Kendall, Harvard, MIT and more!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,014 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: Bow Street and Somerville Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $924,900
  • Price Per SqFt: $912/SqFt

HOA Fees:

  • Amount: $601
  • 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 Unit 406 vs Somerville

217 DAYS ON ROCKET

+177 Days

$924,900

-$187.4K Less

$912/SqFt

+$275 More

KEY TAKEAWAY

This property is $187.4K less than the Median Sold Price and $275/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: #73239983

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, 11:20:51 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

$5,285

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-703862
4
/10
  • King Open

  • 850 Cambridge St

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-703863
8
/10
  • Cambridgeport

  • 89 Elm St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-703864
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. The majority of Somerville, MA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 71 Bow Unit 406

What is the listing price of this property?

The listing price of 71 Bow Unit 406 property is $924,900.

What type of property is this?

The property 71 Bow Unit 406 is a condo located in Somerville, Massachusetts, 02143.

Is this property for sale now?

Active Listing: 71 Bow Unit 406 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 Unit 406 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 71 Bow Unit 406 is 1,014 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 71 Bow Unit 406 is 2024.

Rocket Homes›Massachusetts›Middlesex County›Somerville›02143›71 Bow Unit 406

This home is located at 71 Bow Unit 406 in Somerville, MA and zip code 02143 in the Union Square / Prospect neighborhood. This 1,014 square foot home was built in 2024. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 17, 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. Between October 2024 and November 2024, Somerville, MA real estate market has seen decrease in the number of listings by 19.8%. The median list price of listings available in November 2024 was $1,112,333, while the average time on the real estate market was 40 days.

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

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