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Home Massachusetts Somerville Apartments

Somerville 5 beds 2 baths Davis Square - $4,400

Available: 09-01-2024
22 Photos
$4,400/mo
5 Beds
2 Baths
Available: 09/01/2024
Davis Square, Somerville, MA
243 Highland Ave, Somerville, MA 02143
Listing courtesy of Linda Rosenthal, Coldwell Banker Realty - Brookline

Property Description

Spacious 5-Bedroom Duplex in Prime Somerville Location.Welcome to 243 Highland Ave, a charming and spacious duplex located in the heart of Somerville. This home features 5 bedrooms and 1.5 bathrooms, perfect for families or groups looking for ample living space. Key Features: 5 generously sized bedrooms with plenty of natural light. 1 full bathroom and 1 half bathroom, both well-maintained and conveniently located within the apartment. A large living room ideal for relaxing or entertaining guests. A fully equipped kitchen with modern appliances, ample counter space, and plenty of storage. *Off-street parking available. - Situated in a vibrant neighborhood, close to Davis Square, Porter Square, and public transportation. Easy access to local shops, restaurants, and parks. Don't miss out on this fantastic rental opportunity in one of Somerville's most sought-after areas.

Price Comparison

This apartment is 19.72% less expensive than the average price of $5,481 for 5 bedroom apartments in Somerville. Congratulations on finding a great apartment that is below the average rent price in Somerville. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 5 Bedroom Apartments in Somerville

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$160,000 - $211,200

You + 4 Roommates, Each:

$35,200 - $42,240
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

$6,160

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Mid Range

25% of Gross Income

$4,400

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Low Range

15% of Gross Income

$2,640

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Have You Considered Buying
Your Own Home?

Instead of paying $4,400/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.