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9 Vinal Ave
Score
77
Somerville, MA

9 Vinal Ave

2.3M
5 bd • 5 ba • 3,489 sf

This analysis was generated on 3/13/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$2,329,900

Price/Sq.Ft

$668

Year Built

1900

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Viking Range: High-end appliance that adds value to the kitchen • Quartz Countertops: Durable and aesthetically pleasing countertops that add value to the kitchen and bathrooms • Updated Bathrooms: Modern bathrooms with high-end fixtures and finishes • Finished Basement: Adds living space and value to the house • Hardwood Floors • Quartz Countertops • Stainless Steel Appliances • Updated Bathrooms • Finished Basement • Price Position: At $667.78 per sqft, the property is priced below the median price per sqft of $748 in the 02143 area. • Appreciation Trend: Homes in 02143 have sold for 14.6% more than they did a year ago, indicating strong recent appreciation. • Potential Equity: Property could be worth up to $45,100 more than the asking price • Rental Income: $3,700/month with 100% occupancy (0.0% cap rate) • Future Development: Located in Union Square, the property benefits from ongoing commercial and residential development, enhancing local amenities and potentially increasing property values. No specific large-scale developments are immediately adjacent to 9 Vinal Ave. • The house has good natural light throughout. The large windows in the living room and bedrooms let in plenty of sunlight.
Viking Range

Viking Range

High-end appliance that adds value to the kitchen.

Quartz Countertops

Quartz Countertops

Durable and aesthetically pleasing countertops that add value to the kitchen and bathrooms.

The Bad

• Moderate air quality risk with 3 bad air days per year. • Major heat risk with 98th percentile temperature at 97°F and 7 hot days per year. • Major wind risk requiring critical insurance coverage.

The Ugly

• Climate Risk: Standard homeowner's insurance will likely cover the minimal flood and fire risks. However, the major wind risk (6/10) may lead to higher premiums or require a separate windstorm policy. Expect to pay an additional $500-$1000 annually for wind coverage.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $44,400 with 100% occupancy rate Value Investors: Projected 13.7% appreciation potential in moderate scenario

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$111,201

Property History

Price History
Ownership Timeline
$950,000Financed
Sep 26, 2023
Haley Ft, Marie T LavinExpress Group Invs Llc
Quit Claim Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 1, 1970
Marie T LavinHaley Ft, Marie T Lavin
Quit Claim Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 1, 1970
Joan T HaleyRichard J Haley
Deed
Non-Arm's Length Transactions

Property Taxes

$9,023
2024 Tax Assessment
2.4%from previous year
Assessed Value$857,700
Tax Rate1.05%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

2.0/10
Below Average

High

4.0/10
Average

Financials

Monthly Costs
Market Rent (5 bed)

$2,340

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$2,329,900
Price/sqft
$668
Layout
5 bd5 ba
Days on market
35 daysat time of analysis

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$2,084,375

11.8%

Your price is 11.8% above average

Median Price

$2,790,000

16.5%

Based on 4 recent sales

Price per Sq.Ft

$664

0.6%

Your price is 0.6% above average $/sqft

Comparable Properties

89 Third Street, Cambridge, MA 02141
Price: $2,790,000
Sq.Ft: 3,117
Beds/Baths: 4/4
$/Sq.Ft:
$89534.0%
Sale Date: 1/29/2025
423 Broadway, Cambridge, MA 02138
Price: $2,837,500
Sq.Ft: 3,366
Beds/Baths: 4/4
$/Sq.Ft:
$84326.2%
Sale Date: 9/24/2024
60 Park St, Somerville, MA 02143
Price: $1,660,000
Sq.Ft: 3,024
Beds/Baths: 6/4
$/Sq.Ft:
$54917.8%
Sale Date: 10/4/2024
75-77 Bailey Road, Somerville, MA 02145
Price: $1,050,000
Sq.Ft: 2,844
Beds/Baths: 6/4
$/Sq.Ft:
$36944.7%
Sale Date: 9/30/2024

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