Is Somerville, MA a good place to invest in rental property?

Somerville, MA has a median modeled monthly cash flow of $-3,102 and a median cap rate of 2.2%, on a median sold price of $1,025,000. Prices changed +2.5% year over year.

What is the average cap rate in Somerville, MA?

The median cap rate across recently sold homes in Somerville, MA is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Somerville, MA?

The median sold price in Somerville, MA is $1,025,000 (about $672 per square foot).

Investing in Somerville, MA Real Estate

A data-driven snapshot of the Somerville, MA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,025,000Median sold price

$672Median $/sqft

2.2%Median cap rate

$-3,102Modeled cash flow / mo

+2.5%Appreciation YoY

10.6Months of supply

559Active listings

632Sold (last 12 mo)

What the Somerville numbers say

In Somerville, MA, the median home sold for $1,025,000 (about $672 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-3,102 of monthly cash flow. Sold prices moved +2.5% over the past year. Inventory sits at about 10.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Massachusetts markets to compare

See Somerville cash-flowing listings

CashFlowRE ranks every for-sale home in Somerville, MA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Somerville deals, or browse the national market data.