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Home Massachusetts Somerville Apartments

Somerville 5 beds 3 baths - $5,995

Available: 09-01-2024
22 Photos
$5,995/mo
5 Beds
3 Baths
Available: 09/01/2024
Somerville, MA
28 Albion St., Somerville, MA 02143
Listing courtesy of Kyle Cabral, Southpaw Residential

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Balcony
Granite Countertops

Property Description

**AVAILABLE SEPTEMBER 1ST** This MASSIVE 5 bed 2.5 bath, second floor duplex has all you could possibly want in an apartment. The kitchen is modern with modern appliances and has a granite kitchen island perfect for cooking prep and using as a breakfast bar. The exposed brick throughout the apartment adds wonderful charm, not often seen in Somerville! The living room is very big and connects the kitchen to 2 other bedrooms, one of which is the master with access to a private balcony. The living room has an operable electric fireplace, great for the winter months! All upstairs bedrooms are reasonably sized with TONS of closet space. Washer/Dryer in Unit.

Price Comparison

This apartment is above the average price of $5,499 for 5 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 5 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$218,000 - $287,760

You + 4 Roommates, Each:

$47,960 - $57,552
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

$8,393

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Mid Range

25% of Gross Income

$5,995

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Low Range

15% of Gross Income

$3,597

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Have You Considered Buying
Your Own Home?

Instead of paying $5,995/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.