Condo / High-rise home in Somerville, MA
This 1,415-square-foot Condo condo in Somerville, MA includes 3 bedrooms and 2 bathrooms. Its Condo character defines the property's look.
| Price | $948,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1415 |
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| Architectural style | Condo / High-rise (63% match) |
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| Address | 62 Central Street Unit 3, Somerville, MA 02143 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little under the area.
- At $948K, this home is 13% above the $837K median for 2087 similar Condo / High-rise homes in Boston, MA.
- That works out to $670 per square foot, 23% below the $867 comparable rate.
- On the market 24 days.
| This home | $948,000 |
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| Condo / High-rise median in Boston, MA | $837,000 (2087 homes) |
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| Price per sq ft | $670 vs. $867 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $6,445/month with 20% down at a 7.28% 30-year fixed rate. You would need about $276,221 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $5,189/mo |
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| Property tax (new-buyer reassessed rate) | $901/mo |
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| Homeowners insurance | $356/mo |
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| Total monthly | $6,445/mo |
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| Down payment (20%) | $189,600 |
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| Income needed | $276,221/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home D (50 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | D (50/100) |
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| Beats renting in | 4% of modeled paths |
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| Modeled 5-yr equity (median) | $364,995 |
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| Range (10th to 90th pct) | $195,894 to $565,297 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Boston, MA where local data is thin.
Local home values
Typical home values in Boston, MA have risen about 23% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately