Somerville, MA
3 Beds
2 Baths
Available: 01/15/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$5,200/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry

Property Description

Available for occupancy by 15 Jan! Nestled at the corner of Morrison Ave and Cedar St, this upper-level 2021-built unit is bathed in an incredible amount of natural light. Each living area is spacious and tastefully appointed, starting with the living room that has a gas fireplace and access to a generous private deck for alfresco dining or an urban garden. The kitchen is equipped with a gas burner and vent hood to keep the unit fresh. Ample cabinetry and countertop space, including a breakfast bar. Primary BR has a walk-in closet and an en-suite bath with double vanities and tiled shower. 2 other large bedrooms for guests or an office that share the 2nd bath. Rare walk-in laundry room with space for shelving and a drying rack! Extra assigned storage space (~4X4ft) in the basement that can be locked plus 1 car parking space. Enjoy bike rides or strolls along the Somerville Community Path that is just right by the building! 15 mins' walk to Davis T; 11 mins' walk to Ball Square.

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Price Comparison

This apartment is above the average price of $3,741 for 3 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 today before this great unit is rented!

Average Rent Prices for 3 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$208,000 - $249,600
You + 2 Roommates, Each:
$69,333 - $83,200
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

$7,280

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Mid Range

25% of Gross Income

$5,200

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Low Range

15% of Gross Income

$3,120

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Have You Considered Buying Your Own Home?

Instead of paying $5,200/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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