Three-Story Duplex
New
For Sale
$1,200,000
96 Hudson St., Somerville, MA 02144
Residential Income, Somerville, MA
Property Size2,918 SF
Lot Size0.06 Acres
Price / SF$411.24
Days on Market2
Property Features for 96 Hudson St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
nr
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 1
Middle school
John F. Kennedy
High school
Somerville
Directions
Highland Ave. to Hudson
Subdivision
Spring Hill
Standard status
Active
APN
752333
Size
2,918 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
11879
Building Details
Year built
1910
Floors in Building
4
Number of units
2
Listing Agency:
Keller Williams Realty Boston Northwest
(781) 862-2800
Listed By:
Christina Hill
(978) 369-5775
Added: Sep 26
Changed: Sep 27
Last Checked: Sep 27 at 12:06PM
MLS# 73582939
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
At 96 Hudson Street, this duplex property offers 2,918 square feet across a first-floor residence and an upper duplex spanning the second and third floors. The first floor has four rooms, including two bedrooms. The upper residence includes living and dining areas, a bedroom, full bath, and office. A finished lower level adds another full bathroom and a second office. The property was built in 1910 and occupies a 0.062-acre lot.
The property is in Somerville, within walking distance of Magoun Square and Davis Square. The Green Line Extension and Red Line provide transit connections to Cambridge and downtown Boston. The Summerhouse Community Path and local dining and cafes are also nearby.
The property is in Somerville, within walking distance of Magoun Square and Davis Square. The Green Line Extension and Red Line provide transit connections to Cambridge and downtown Boston. The Summerhouse Community Path and local dining and cafes are also nearby.
Key Highlights
- 2,918 square feet on a 0.062‑acre lot
- First floor includes four rooms and two bedrooms
- Upper duplex spans the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,746
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,234,920
$1.2M
Cap Rate 7%
$882,086
$882.1K
Cap Rate 9%
$686,067
$686.1K
Market Conditions
NOI Build-Up for 2,918 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$92.8K $31.80/SF
− Vacancy
−$4.6K −$1.57/SF
EGI
$88.2K $30.23/SF
− OpEx
−$26.5K −$9.07/SF
NOI
$61.7K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,234,920
Cap Rate 7%
$882,086
Cap Rate 9%
$686,067
Alternative Uses
Best Use
Multifamily LT 5
$882.1K
$771.8K – $1.03M
NOI $61,746 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$829.4K
$725.7K – $967.6K
NOI $58,058 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $120,921 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,819
Businesses Nearby
Explore this area
Business Placement
Demographics for 02144, MA
25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two living areas include a two-bedroom first-floor layout and an upper-level residence with office space.
Where is this duplex located?
The property is located at 96 Hudson St. Somerville, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,918 square feet on a 0.062‑acre lot; First floor includes four rooms and two bedrooms; Upper duplex spans the second and third floors
