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242 Broadway

Somerville, MA 02145

3 bd 3 ba 1,375 sqft Built 1890 condos
Most recent sale
$850,000
Dec 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2024 Listed $949,900 MLSPIN
Dec 21, 2022 Sold $850,000 MLSPIN
Oct 7, 2022 Price changed $874,900 MLS #73012437
Sep 20, 2022 Price changed $934,900 MLS #73012437
Aug 26, 2022 Sold $874,900 MLS #72999666
Aug 26, 2022 Price changed $974,900 MLS #73012437
Jul 14, 2022 Listed $999,900 MLS #73012437
Jun 17, 2022 Listed $874,900 MLS #72999666

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $823,600 $823,600 $8,985
2024 $789,400 $789,400 $8,304

Property facts

Year built
1890
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
1,375 sqft
Lot size
ZIP code
02145
City
Somerville
Street
Broadway
Coordinates
42.38990, -71.08997

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,988
Gross rental yield
5.63%
Implied cap rate
3.66%
Trend-extrapolated value

Frequently asked questions

When did 242 Broadway last sell?
242 Broadway most recently sold on Dec 21, 2022 for $850,000.
What is the current tax assessment for 242 Broadway?
The most recent total assessment for 242 Broadway (year 2025) is $823,600 with $8,985 in property tax.
How does 242 Broadway's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $850,000.
When was 242 Broadway built?
242 Broadway was built in 1890.
How does 242 Broadway compare to others on Broadway?
We track 8 other properties on Broadway. Browse the list under "Other properties on Broadway" to compare beds, baths, and sale history.
What are the property facts for 242 Broadway?
242 Broadway is a 3 bed, 3 bath, 1,375 sqft condos.
Is 242 Broadway a flip candidate?
No — 242 Broadway does not appear in our flips dataset.
Is 242 Broadway a tax-appeal candidate?
No — 242 Broadway is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.3%
2026 Q2
$951.6K
2026 Q3
$950.9K
ZIP 02145 — Median Price History + Forecast

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