Investment Analysis — 1619 Massachusetts Ave #36

Cambridge, MA 02138 — Harvard Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02138 carries an estimated $3,560/mo in gross rent — about a 3.19% cap rate and $25,510/yr in estimated NOI at the $800,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

700

Style

Condominium

Built

1925

Harvard Square adjacent studio duplex is for sale. This top floor studio has been expanded to include a finished attic currently outfitted as a private study, a home entertainment projection system and extra storage. The lower, original floor has a recently renovated bathroom, hard wood floors and all the charm expected from a New England studio apartment. Priced at 800k, thousands below median condo sale price for the area, you get the quintessential Cambridge experience at a rare bargain price. Views from this sunny unit are of a landscaped court yard, the T is close, shopping is close and schools are close. This is a true gem of a location. I lived here for years with my son and rented it out for a long time as well. This property is an investment grade income property or a lovely home. You decide, but don't miss this rare opportunity in one of most celebrated areas of Massachusetts.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.