Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    25 Alston St Somerville, MA 02143

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,000,000

    Triplex in Somerville with rehab potential and commuter convenience.

    Lot size:
    0.06 Acres

    Property Features for 25 Alston St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1884

    We can help!

    Listing Contact
    Vision Realty Group
    Source: Elliman

    Listing Agent: Vision Realty Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Somerville Triplex Investment Opportunity

    This triplex presents an investment opportunity in Somerville, offering convenient access to public transportation, major routes and highways, schools, and shopping. The property is situated in an area with new developments and rehabbed properties. It is suitable for generating rental income or for rehabilitation. The property requires rehabilitation.
    Location Intelligence

    Current Use by Public Records

    Traveling Inward Mental Health Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0896568
    Latitude
    42.3816653

    Nearby Similar for Sale

    • $2,600,000
      6,755 SF

      Somerville Multifamily Investment Opportunity

      Six-unit building near Union Square with strong rental income potential.
      8 Everett St, Somerville, MA 02143
      View Details
    • $1,125,000
      2,205 SF

      Somerville Multi-Family Residence

      Multi-family residence in Somerville, MA, built in 1900.
      7 Woodbine St, Somerville, MA 02143
      View Details
    • $2,300,000
      4,340 SF

      Somerville Multi-Family Gut-Renovated Property

      Two-unit multi-family in Somerville with modern design and premium finishes.
      57-59 Garrison Ave, Somerville, MA 02144
      View Details
    • $1,100,000

      Charming Somerville Two-Family Home

      Well-maintained two-family home near Tufts, subways, and Dilboy Field.
      21 High St, Somerville, MA 02144
      View Details
    • $1,279,900

      Somerville Two-Family Near Gilman Sq

      Well-maintained two-family near transit, shops, and restaurants.
      185-187 School St, Somerville, MA 02145
      View Details
    • $1,230,000

      Turreted Victorian Two-Family Near Greenline

      Deleaded two-family Victorian with in-law suite near Gilman Square.
      70 Highland Ave, Somerville, MA 02143
      View Details
    • $1,599,900

      Vacant Two-Family with Condo Potential

      Rare, vacant two-family with condo removal permit in Spring Hill.
      42 Belmont St, Somerville, MA 02143
      View Details
    • $6,700,000

      New Mixed-Use Asset in Somerville

      Newly constructed mixed-use property in Somerville's Union Square neighborhood.
      379 Somerville Ave, Somerville, MA 02143
      View Details
    • $1,479,900

      Porter Square Victorian with Potential

      Victorian duplex near Porter Square, suitable for owner occupants.
      35 Ibbetson St, Somerville, MA 02143
      View Details
    • $1,400,000

      East Somerville Development Opportunity

      Two-family property primed for condo conversion or income generation.
      57-59 Myrtle St, Somerville, MA 02145
      View Details
    • $1,750,000

      Well-Maintained Two-Family in Davis Square

      Two-family home near Davis and Porter Squares with great rental potential.
      18-20 Windom St, Somerville, MA 02144
      View Details
    • $1,299,000

      Somerville Two-Family Home

      Two-family home near public transportation and amenities.
      114 Cedar St, Somerville, MA 02144
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex in Somerville with rehab potential and commuter convenience.
    Where is this triplex located?
    The property is located at 25 Alston St Somerville, MA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity in a desired Somerville location; - Commuter-friendly location with easy access to public transportation, major routes, and highways; - Three-unit property offering potential rental income
    (617) 800-9111
    Request Owner's contact information
    25 Alston St Somerville, MA 02143
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25 Alston St
    Somerville, MA 02143
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25 Alston St Somerville, MA 02143
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Vision Realty Group
    (617) 800-9111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.