Somerville, MA
3 Beds
4 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.
$5,700/mo

Amenities & Apartment Information

Unit

In-Unit Laundry

Property Description

DAVIS SQUARE. Best of the Best,THE NEW DEFINITION OF URBAN LUXURY. Construction by AWARD WINNING BUILDER, designed by an AWARD WINNING ARCHITECT and illuminated in style with an AWARD WINNING LIGHTING DESIGNER. You'll fall in love with this CONTEMPORARY CHEF'S KITCHEN...handmade custom cabinets built by a local cabinet maker with built in desk area. Appliances include a WOLF INDUCTION COOK TOP and a built in SUBZERO REFRIGERATOR. Discover SMART HOME TECHNOLOGY FROM NEST AND I-BOT which allows you to operate your home from your mobile device…including lighting & thermostat. You can actually see who's ringing your doorbell from your smart phone. Then there's the guilty pleasures…welcome to your built in SONOS SOUND SYSTEM with ceiling speakers to add that special ambiance or to enhance your flat screen surround sound. Other features include a step down fireplaced living room, Master Suite and Roof deck. FIVE MIN WALK TO RED LINE!

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Price Comparison

This apartment is above the average price of $3,741 for 3 bedroom apartments in Somerville. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact us today before this great unit is rented!

Average Rent Prices for 3 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$228,000 - $273,600
You + 2 Roommates, 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

$7,980

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Mid Range

25% of Gross Income

$5,700

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Low Range

15% of Gross Income

$3,420

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Have You Considered Buying Your Own Home?

Instead of paying $5,700/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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