10 days on rocket

6-8 Knapp St, Somerville, MA, 02143

$1,850,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
4 Full Baths
4,924 SqFt
$376/SqFt
Multi
Schools Nearby

Location

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6-8 Knapp St, Somerville$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1900
HeatingBaseboard
BasementYes
MLS #73229264
Lot Size0.06 Acres
StatusActive

About 6-8 Knapp St

6-8 Knapp Street is an opportunity to acquire a massive 3-family (5,580 Square Feet) that has been meticulously maintained and is located in a coveted neighborhood of Somerville. The property has an excellent rental history but also provides upside potential for a new coming investor. This area is full of amenities for tenants including Bow Market, Market Basket and Gilman/Union Sq Green Line Stations.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,924 SqFt

Listing Office:

  • Office Name: Marcus & Millichap Real Estate Investment Services
  • Listing Agent: Tony Pepdjonovic

Interior Features

Interior Information:

  • Appliances: Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • Albert F. Argenziano School At Lincoln Park, Public District Grades PK-8
  • Winter Hill Community, Public District Grades PK-8
  • E Somerville Community, Public District Grades KG-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $376/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2%
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$630

Avg. Days On Market

37

# of Sold Homes

42

6-8 Knapp St vs Somerville

10 DAYS ON ROCKET

-27 Days

$1,850,000

+$820K More

$376/SqFt

-$254 Less

KEY TAKEAWAY

This property is $820K more than the Median Sold Price and $254/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: #73229264

Listing Office:

  • Office Name: Marcus & Millichap Real Estate Investment Services
  • Listing Agent: Tony Pepdjonovic

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: 5/7/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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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-7275618
9
/10
  • Benjamin G Brown

  • 201 Willow Ave

  • 1.19 miles

  • Public District Grades KG-6

Middle School

school-card-donut-7275619
3
/10
  • Albert F. Argenziano School At Lincoln Park

  • 290 Washington St

  • 0.28 miles

  • Public District Grades PK-8

school-card-donut-7275620
5
/10
  • Winter Hill Community

  • 115 Sycamore St

  • 0.65 miles

  • Public District Grades PK-8

school-card-donut-7275621
4
/10
  • E Somerville Community

  • 50 Cross St

  • 0.82 miles

  • Public District Grades KG-8

High School

school-card-donut-7275622
4
/10
  • Somerville High School

  • 81 Highland Ave

  • 0.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,619. The most common annual income of people living in Somerville, MA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesMassachusettsMiddlesex CountySomerville021436-8 Knapp St

This home is located at 6-8 Knapp St in Somerville, MA and zip code 02143 in the Spring Hill neighborhood. This 4,924 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,850,000.

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. Between March 2024 and April 2024, Somerville, MA real estate market has seen increase in the number of listings by 28.9%. 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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