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    8 Albion Ter Somerville, MA 02144

    For Sale
    $939,900

    Two-family property near transportation, playground, and university.

    Lot size:
    0.06 Acres

    Property Features for 8 Albion Ter

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1910

    Source: RyVal Homes Agent Kevin McCafferty

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

    Overview

    Multifamily Near Train and University

    This two-family property presents an opportunity for owner-occupancy or investment. Located in a sought-after area, the property is situated on a quiet terrace, approximately 0.2 miles from the train, providing convenient access to the city. A playground is located down the street, and Tufts University is nearby. The surrounding area is experiencing new developments and high-end condos. The property includes a large, open basement suitable for storage or additional space. The first-floor unit features a one-bedroom layout, while the second unit offers two floors of living space. The property also includes a side and back yard.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon 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
    -71.1080249
    Latitude
    42.391449

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    FAQs

    What type of property is this?
    Duplex - Two-family property near transportation, playground, and university.
    Where is this duplex located?
    The property is located at 8 Albion Ter Somerville, MA.
    What is the asking price?
    The asking price for this property is $939,900.
    What are key features of this property?
    This property features: - Excellent location: enjoy easy city access with the train just 0.2 miles away.; - Multi-family property: Ideal for owner-occupancy or investment.; - Booming area: Located in a rapidly developing area with new high-end condos.
    (978) 869-4584
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    Realmo Value Estimation

    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.

    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.

    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
    8 Albion Ter Somerville, MA 02144
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