8 months on rocket

84-86-86R Cross St, Somerville, MA, 02145

$2,779,900

8 Bedrooms
0 Baths
4,660 SqFt
$597/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1900
BasementYes
MLS #73218290
Lot Size0.14 Acres
StatusActive

About 84-86-86R Cross St

SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,660 SqFt

Listing Office:

  • Office Name: Steve Bremis Realty Group
  • Office Phone: (617) 828-1070
  • Listing Agent: The Steve Bremis Team

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: On Broadway coming from Magoun Sq towards Charlestown...Take Cross St on the left after McGrath

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,779,900
  • Price Per SqFt: $597/SqFt
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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

84-86-86R Cross St vs Somerville

260 DAYS ON ROCKET

+220 Days

$2,779,900

+$1.6M More

$597/SqFt

-$40 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $40/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: #73218290

Listing Office:

  • Office Name: Steve Bremis Realty Group
  • Office Phone: (617) 828-1070
  • Listing Agent: The Steve Bremis 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: 12/17/2024, 11:55:50 PM 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

$13.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,401

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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-4306295
4
/10
  • King Open

  • 850 Cambridge St

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-4306296
5
/10
  • Kennedy-Longfellow

  • 158 Spring St

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-4306297
8
/10
  • Cambridgeport

  • 89 Elm St

  • 0.97 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,357. The most common annual income of people living in Somerville, MA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket Homes›Massachusetts›Middlesex County›Somerville›02145›84-86-86R Cross St

This home is located at 84-86-86R Cross St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 4,660 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 8 bedrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $2,779,900.

Somerville, MA housing market in November 2024 saw over 16 listings sold above listed price, more than 7 sold at listed price and over 18 sold below. In November 2024 in Somerville, MA there were 19.8% less homes for sale than in October 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $1,112,333.

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

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