$2,300,000
●
House -
Off Market
32 Gorham Street
Somerville, MA 02144
4 Beds
3 Baths,
1
Half Bath
2,739 Ft²
$2,109,952
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model
About This Property
On a quiet residential street off Davis square, just a 5-minute
walk to the redline and the vibrancy of the square, this modern
single-family home, rebuilt in 2016, provides a sunny and generous
interior with open, entertainment-size living areas and the
functionality of a well-crafted high-end kitchen with Thermador
appliances, wine fridge, two wall-mounted ovens, and tons of
countertops including a large island allowing seating for 4 and
more. The family room framed around a gas fireplace opens to a deck
with a pergola to shade the outdoor dining area. The fenced back
yard oasis combines stone patio area with lawn and blooming bushes.
The 2nd floor offers a home office, the super-size primary bedroom
with a 4-piece marble bathroom and walk-in closet, and 2 good-sized
bedrooms sharing a bathroom. The 3rd level features another bedroom
suite with skylights, built-in drawers and ensuite bathroom. All
systems new 2016. Storage in unfinished basement. Park 2 cars in
paved driveway
Unit Size
2,739 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$767
Property Type
House
Property Taxes
$1,364
HOA Dues
-
Year Built
1910
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (MLSPIN #73103287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Coldwell Banker Realty - Cambridge | $2,485,000 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
   | |||
|
This beautiful, sophisticated & thoughtful home is on a fantastic side street in Davis Square. The 1st floor has a spacious open floor plan with natural light. The living/dining area flows into a chic chef's kitchen with an island for 4, Thermador appliances, 6-burner range, wall ovens, wine fridge, stone countertops, & subway tile backsplash. The 22' family room has sliders to the fenced-in backyard. The 2nd floor hosts a primary suite with a walk-in California Closet, and 4 piece bath with a double vanity, soaking tub, & glass-enclosed shower. There are 2 more bedrooms on this floor plus a hall bath, laundry, and office nook. 3rd floor has a 4th bedroom with an ensuite bath. Other features throughout include ceiling fans in all BRs, Elfa closet systems, full length front & back Timbertek porches, professionally landscaped grounds, a storage shed & raised garden bed. Close to Dave's Fresh Pasta, the Red Line, Life Alive, H-Mart, Spoke, community path, theatres & a farmer's market.
| |||
| May 31, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | In contract | - | |
| In contract | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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