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20 Harvard St. Somerville — Photo 1 of 35

20 Harvard St. Somerville — Photo 1 of 35

$1,050,000

Investment Analysis — 20 Harvard St.

Somerville, MA 02143 — Spring Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02143 carries an estimated $4,160/mo in gross rent — about a 2.97% cap rate and $31,182/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,382

Style

Single Family

Built

1960

On a lovely Spring Hill street near many notable historic homes, 20 Harvard St. offers a more modern (built circa1960) layout. It is a rare single family home with a fenced yard and driveway perched on 1-way street near the crest of the hill. The front yard offers space to garden. Inside, the living room is to the left and the dining room to the right. Beyond the dining room is the kitchen, with backdoor leading to a deck and large, fenced backyard, ideal for playing, entertaining, and gardening. Next to the kitchen is a hallway with coat closet and a full, tiled bathroom with linen closet; on the opposite side is a first-floor bedroom. Upstairs are two more bedrooms with another full bath between them. All of the living areas have wood floors and the bathrooms are tiled. The unfinished basement houses the laundry and systems and has an exterior entry. The long driveway is to the left of the property with a gate to the backyard. Occupied by the same family since 1960, the home offers many possibilities for the next family to do their own updates and create new memories there.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 691 sq ft (the lesser of 900 sq ft or half the 1,382 sq ft principal dwelling). Lot size: 3,216 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,050,000
Annual Taxes$6,757

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingElectric Baseboard
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningNR

Property & Lot

Acres0.07
SqFt Lot3,216
Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

16 x 12

Flooring - Wood

Dining Room
Lvl First

12 x 12

Flooring - Wood

Kitchen
Lvl First

12 x 12

Primary Bedroom
Lvl First

12 x 12

Flooring - Wood

Bedroom 2
Lvl Second

15 x 14

Bedroom 3
Lvl Second

12 x 17

Flooring - Wood

Bathroom 1
Lvl First

5 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 2
Lvl Second

5 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Listing Provided By

Listing Agent: Thalia C. Tringo

Listing Office: Thalia Tringo & Associates Real Estate, Inc.

MLS® Number: 73581315