Somerville, MA
2 Beds
2 Baths
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,800/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Balcony
Quartz Countertops

Property Description

The Parkway, a 23-unit luxury condominium building exquisitely designed by one of Boston's leading architectural and interior design teams. This sun-filled unit offers 2 large bedrooms and a large study, as well as an open-concept layout with hardwood floors, large windows, in-unit laundry and an amazing balcony. A dream for any home chef, each kitchen is expertly designed with quartz countertops and custom hood, complimented by high-end appliances. Luxuriously appointed, each bathroom inspires a spa-like feel, creating a relaxing environment to face the day or unwind for the night. 1 assigned carport parking spot, common pet-washing station, car-charging station, and keyless fob system are included. The Parkway takes advantage of everything Somerville has to offer. An evening with friends at Davis Square, the natural beauty of Minuteman Bikeway, or a quick trip to Boston on the new MBTA Green Line.

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Price Comparison

This apartment is above the average price of $3,132 for 2 bedroom apartments in Somerville. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Contact us about this great unit before it's gone!

Average Rent Prices for 2 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$152,000 - $182,400
You + 1 Roommate, Each:
$76,000 - $91,200
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$5,320

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Mid Range

25% of Gross Income

$3,800

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Low Range

15% of Gross Income

$2,280

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Have You Considered Buying Your Own Home?

Instead of paying $3,800/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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