10 days on rocket

5-7 Cottage Ave, Somerville, MA, 02144

$1,895,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
3,007 SqFt
$630/SqFt
Multi
Schools Nearby

Location

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5-7 Cottage Ave, Somerville$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Paved
Garage2 spaces
Year Built1920
HeatingForced Air, Oil, Electric
BasementYes
FireplaceWood Burning
MLS #73229155
Lot Size0.08 Acres
StatusActive

About 5-7 Cottage Ave

Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 3,007 SqFt

Listing Office:

  • Office Name: Thalia Tringo & Associates Real Estate, Inc.
  • Listing Agent: Thalia Tringo

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Oven, Washer, Dryer, Range Hood
  • Basement: Yes
  • Flooring Type: Wood, Tile, Carpet
  • Interior: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Oil, Electric

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • John F Kennedy, Public District Grades PK-8
  • West Somerville Neighborhood, Public District Grades PK-8
  • Winter Hill Community, Public District Grades PK-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Elm St. to Chester St. to Cottage Ave. OR Mass Ave. to Russell St. go left onto Cottage Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $630/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

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Somerville, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$630

Avg. Days On Market

37

# of Sold Homes

42

5-7 Cottage Ave vs Somerville

10 DAYS ON ROCKET

-27 Days

$1,895,000

+$865K More

$630/SqFt

-$0 Less

KEY TAKEAWAY

This property is $865K more than the Median Sold Price and $0/SqFt less than other homes in Somerville, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73229155

Listing Office:

  • Office Name: Thalia Tringo & Associates Real Estate, Inc.
  • Listing Agent: Thalia Tringo

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/6/2024, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6872689
9
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 0.48 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6872690
8
/10

  • John F Kennedy

  • 5 Cherry St

  • 0.40 miles

  • Public District Grades PK-8

school-card-donut-6872691
6
/10

  • West Somerville Neighborhood

  • 177 Powder House Blvd

  • 0.91 miles

  • Public District Grades PK-8

school-card-donut-6872692
5
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 1.19 miles

  • Public District Grades PK-8

High School

school-card-donut-6872693
4
/10

  • Somerville High School

  • 81 Highland Ave

  • 1.34 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,537. Most Somerville, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Somerville›02144›5-7 Cottage Ave

This home is located at 5-7 Cottage Ave in Somerville, MA and zip code 02144 in the Davis Square neighborhood. This 3,007 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,895,000.

Over 21 listings were sold over their listed price in April 2024 in Somerville, MA. In the same period over 15 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2024 in Somerville, MA there were 28.9% more homes for sale than in March 2024. Listings spent 37 days on the market in April 2024, and had a median list price of $1,029,983 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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