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Home Massachusetts Somerville Apartments

Somerville 4 beds 3 baths - $5,200

Available: 09-01-2024
28 Photos
$5,200/mo
4 Beds
3 Baths
Available: 09/01/2024
Somerville, MA
55 Main Street, Somerville, MA 02145
Listing courtesy of Charlotte Huguenor, Donnelly + Co.

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

You need to come see this 4+ bedroom home that has several rooms which can be used as flex spaces, one of which is perfect for either a 5th bedroom or office space - plenty of opportunity to fit different lifestyles! There is a large dining room that flows into a bright living room with unobstructed views East of the 93. To round out the property, there are two (front and back) private porches, private laundry, and 2 designated tandem off-street parking spots. Recent updates include: full and half bath on the top floor; kitchen, new paint throughout, downstairs bathroom, and newly finished flooring. This location can't be beat! At 55 Main, you have 3 nearby parks, are just a short distance to Magoun Square and the Green Line, 1 mile from Tufts, and you have quick access to the highway that leads you straight into Boston. 55 Main is a beautifully updated home - reach out to tour ASAP!

Price Comparison

This apartment is above the average price of $4,614 for 4 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. 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:

$189,091 - $249,600

You + 3 Roommates, Each:

$52,000 - $62,400
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

$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 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 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.