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Home Massachusetts Somerville Apartments

Somerville 2 beds 2 baths - $4,150

Available: 07-01-2024
8 Photos
$4,150/mo
2 Beds
2 Baths
Available: 07/01/2024
Somerville, MA
261 Washington, Somerville, MA 02143
Listing courtesy of Gina Nascimento, Advantage Realty

Amenities & Apartment Information

Unit

Pet Friendly
Quartz Countertops

Property Description

Welcome to 261 Washington! Everything is at your doorstep. This condo is in an amazing location. Walk out your door, day or night to the newly built Bow Market which features 30+ independent food, art, retail shops around a public courtyard. Enjoy a beer at Remnant Brewery after work or have a unique dining experience at one of Boston's top restaurants, Juliet! The exterior blends to make this property stand out among the rest. The open concept living, architectural details, gas fireplace are unparalleled. The kitchen is a chef's dream, featuring Jenn Air professional appliances, custom white shaker style cabinetry, and quartz countertops. This spacious condo features 2 bedroom and 2 baths, in-unit laundry, has easy access to all major routes and Downtown Boston and steps to the new Union Square green line.

Price Comparison

This apartment is above the average price of $3,017 for 2 bedroom apartments in Somerville. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 2 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$150,909 - $199,200

You + 1 Roommate, Each:

$83,000 - $99,600
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

$5,810

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Mid Range

25% of Gross Income

$4,150

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Low Range

15% of Gross Income

$2,490

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Have You Considered Buying
Your Own Home?

Instead of paying $4,150/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.