
27 Wheeler St. #124 Cambridge — Photo 1 of 32
$622,000
Investment Analysis — 27 Wheeler St. #124
Cambridge, MA 02138
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 3.88% cap rate and $24,127/yr in estimated NOI at the $622,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
615
Style
Condominium
Built
2007
Enjoy bright, convenient living in this 1-bedroom, 1-bath corner home at the well-established Reservoir Lofts. True to its loft character, tall ceilings create an airy, spacious feel throughout its 615 square feet, while the corner location offers added privacy. The bright living room features hardwood floors, oversized windows, and sliding glass doors leading to a private patio; perfect for summer entertaining or relaxing. The kitchen offers a breakfast bar, stainless steel appliances, including a brand-new microwave and double glass doors that welcome natural light. The bedroom features hardwood floors, oversized windows, and a generous double-door closet. The full bathroom includes a tub/shower combination, tile flooring, and a vanity with storage. Central air, a full-size washer and dryer, and garage parking add everyday convenience. Fresh Pond Shopping Center is directly across the street for everyday essentials, while nearby Fresh Pond offers scenic paths for biking, jogging, and enjoying the outdoors. Public transportation provides convenient access to Harvard Square, while easy access to Storrow Drive, Memorial Drive, and the Mass Pike makes commuting in and around the city a breeze!
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11 x 12
Flooring - Hardwood
Kitchen
Lvl First11 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances
Primary Bedroom
Lvl First10 x 13
Flooring - Hardwood
Bathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile
Listing Agent: Samita Mandelia
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73584433








