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27 Wheeler St. #124 Cambridge — Photo 1 of 32

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.

View Standard Listing

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

Original Price$622,000
Annual Taxes$3,612
HOA Fee$394

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood
BasementN

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoning102

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

11 x 12

Flooring - Hardwood

Kitchen
Lvl First

11 x 12

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances

Primary Bedroom
Lvl First

10 x 13

Flooring - Hardwood

Bathroom 1
Lvl First

Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Samita Mandelia

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73584433