Investment Analysis — 29 Concord Ave. #212

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 4.62% cap rate and $22,855/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

495

Style

Condominium

Built

1965

A bright, stylish unit in one of Cambridge's modern icons, 29 Concord Avenue #212 offers ideal location and modern living. This building was one of the works of renowned architect Hugh Stubbins Jr. who also designed the Loeb Drama Center, etc. The building features a striking entry atrium, eight stories high with interior walkways and a dramatic lobby that creates a memorable welcome for residents and guests a like. This property is within walking distance to Harvard main campus, Harvard Sq. Longy School of Music, Cambridge Common, MBTA Red Line Station and much more! The whole unit is just renovated with new waterproof vinyl floors, new kitchen, new bathroom, new painting and all new LED lights! Low condo fee includes heat, hot water and additional storage (#27) in basement! Asking price is below assessed value! Great investment potential. Looking for onsite parking? You can have one for just $35000.

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 MLS and other third-party data may be inaccurate or out of date.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.