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Home Massachusetts Somerville Apartments

Somerville 2 beds 2 baths Winter Hill - $4,600

Available: 08-01-2024
21 Photos
$4,600/mo
2 Beds
2 Baths
Available: 08/01/2024
Alloy Condominiums at Assembly Row
375 Canal St, Somerville, MA 02145
Listing courtesy of Jian Ping Ge, Stonebridge Realty

Amenities & Apartment Information

Building

Pool
Fitness Center

Unit

Pet Friendly
In-Unit Laundry
Balcony
Quartz Countertops
Stainless Steel Appliances

Property Description

Beautiful 2 beds 2 baths unit in Alloy locates in vibrant Assembly Row for rent on 8/1. This corner unit facing south and west with Boston city skyline views, features open floor plan with window walls, gas cooking, quartz countertops, stainless steel appliances and a balcony. Professional managed with concierge, media room, community club room w/ a kitchen, dining areas, media room, all leading out to the terrace with gas grill and fire pit, full access to the Row hotel to share the indoor pool and fitness center in the same building. Assembly Row offers endless area amenities including retail shops, dinning, a movie theater, park and running trail.. And Orange line T to get into the city.

Price Comparison

This apartment is above the average price of $3,013 for 2 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 2 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$167,273 - $220,800

You + 1 Roommate, Each:

$92,000 - $110,400
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

$6,440

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Mid Range

25% of Gross Income

$4,600

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Low Range

15% of Gross Income

$2,760

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Have You Considered Buying
Your Own Home?

Instead of paying $4,600/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.