Experience sophisticated urban living at 22 Harvard St, Somerville,
MA. Constructed in 2023, this 3349 square foot single-family
residence exemplifies luxury, presenting a property in excellent
condition with exceptional design and top-tier materials
throughout. It is LEED certified, a globally recognized rating
system for green buildings in a single-family home. Located in the
sought after Spring Hill neighborhood located on a private city
maintained road offering addition parking out your front door. The
sun-filled main level showcases an open layout with seamless flow
between the living, dining, and kitchen spaces. It features 5
bedrooms and 5.5 baths, including a primary suite with a dressing
room, steam shower, freestanding soaking tub, and heated floors.
Located on a corner lot, the home offers open entertaining spaces
on the main level and a lower level equipped with a wet bar and
wine cabinet. Outdoor amenities include two roof decks with city
views along with a private main-level patio for grilling
entertainment. Modern conveniences include: Smart Home Technology:
Hunter Douglas powered blinds, Lutron dimmable lighting, and a
Unifi Wi-Fi doorbell. Security & Health: A Simplisafe alarm system
and a Broan Overture Air Monitoring System. Parking: A one-car
attached garage with an electric charger, plus two additional
driveway spaces. This property represents an exceptional
opportunity to acquire a meticulously crafted residence designed
for an elevated lifestyle. The home is also conveniently located
less than a mile from Porter Square, Union Square, and Harvard
University.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Welcome to Somerville's first LEED certified Single-Family home. The home boasts 5 bedrooms and 5.5 baths including a lavish primary suite with dressing room, steam shower and heated floors! The home has over 3300 sq ft of space and sits on a gorgeous corner lot. Enjoy open entertaining spaces on the main level and a lower level with wet-bar and wine cabinet. Head up to the 2 roof decks with amazing city views or visit your private main level outdoor space with a patio for grilling and entertaining. The house is equipped with a Broan Overture Air Monitoring System. There is a 1 car attached garage with an electric charger offering great city convenience. This New Construction Single Family in Somerville’s Spring Hill neighborhood is less than a mile from Porter Square, Union Square and Harvard University. Don't miss this exclusive opportunity, book your private showing today!
May 27, 2023
Withdrawn
-
Withdrawn
May 17, 2023
Price Decreased
$2,950,000
↓ $50K
(1.7%)
Price Decreased
Apr 6, 2023
Listed by Berkshire Hathaway HomeServices Verani Realty
$2,999,999
Listed by Berkshire Hathaway HomeServices Verani Realty
Listed by Berkshire Hathaway HomeServices Verani Realty
$154,000
Listed by Berkshire Hathaway HomeServices Verani Realty
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage Door Opener, Garage Faces Side, Paved, Off Street, Under
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: WaterSense Fixture(s), Wet Bar, High Speed Internet, Finish - Cement Plaster
Appliances: Gas Water Heater, Microwave, ENERGY STAR Qualified Refrigerator, Wine Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range Hood, Range, Plumbed For Ice Maker
Flooring Type: Wood, Tile
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup
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