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Home Massachusetts Somerville Apartments

Somerville 4 beds 2 baths - $3,700

Flexible Move-In Date
7 Photos
$3,700/mo
4 Beds
2 Baths
Available: Now
Somerville, MA
508-510 Broadway Rd, Somerville, MA 02145
Listing courtesy of Dream Team, Dreamega International Realty LLC

Amenities & Apartment Information

Unit

In-Unit Laundry

Property Description

Discover this newly renovated 4-bedroom, 2-bathroom gem, ideally located just steps from trendy Magoun Square. This unit features tall ceilings, beautiful hardwood floors, and eat-in kitchens perfect for home-cooked meals and entertaining. The property is situated close to a plethora of restaurants, making dining out a breeze, and is near Tufts University, ideal for students or faculty. Commuters will appreciate the proximity to the incoming Green Line T stop, offering easy access to the rest of the city. Don't miss out on this exceptional rental opportunity in a vibrant and bustling neighborhood! Key Features: Newly renovated4 bedrooms, 2 bathrooms all ceilings at-in kitchensHardwood floors-unit laundry steps from Magoun SquareClose to restaurants and Tufts UniversityNear the incoming Green Line T stop12-month term

Price Comparison

This apartment is 20.36% less expensive than the average price of $4,646 for 4 bedroom apartments in Somerville. It's rare to find an apartment this far below the average rent price in Somerville. Units like this rent quickly. 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:

$134,545 - $177,600

You + 3 Roommates, Each:

$37,000 - $44,400
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

$5,180

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Mid Range

25% of Gross Income

$3,700

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Low Range

15% of Gross Income

$2,220

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Hidden

Have You Considered Buying
Your Own Home?

Instead of paying $3,700/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.