Somerville, MA
4 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.
$4,200/mo
Heat Included

Property Description

Available in 11/1/2024! This renovative 4-bed, 2-bath unit features upgraded hardwood flooring, enhanced ambient lighting throughout, and a spacious living area. The property includes in-building laundry machines in the basement, with one off-street parking spot and on-street permit parking available. Ideally situated near both the Sullivan Square (Orange Line) and Union Square (Green Line) T stations, it offers easy access to shopping at CambridgeSide Galleria and Assembly Row, as well as nearby essentials like Stop & Shop and a UPS office. The Encore Boston Harbor Casino and a variety of dining options are also within close proximity, making this location both convenient and vibrant.

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Price Comparison

This apartment is 10.7% less expensive than the average price of $4,703 for 4 bedroom apartments in Somerville. Congratulations on finding a great apartment that is below the average rent price in Somerville. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 4 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$168,000 - $201,600
You + 3 Roommates, Each:
$42,000 - $50,400
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

$5,880

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Mid Range

25% of Gross Income

$4,200

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Low Range

15% of Gross Income

$2,520

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Have You Considered Buying Your Own Home?

Instead of paying $4,200/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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