Investment Analysis — 345 Harvard St #3B

Cambridge, MA 02138 — Mid Cambridge

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02138 carries an estimated $4,230/mo in gross rent — about a 3.21% cap rate and $24,872/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

856

Style

Condominium

Built

1964

Ideally located in the heart of Mid-Cambridge, this bright and inviting 2-bedroom, 1.5-bath condo is just 0.3 miles to Harvard Square, 0.6 miles to Central Square and blocks from the main library. This 3rd floor home in a professionally managed elevator building features include: oversized sliding glass doors that fills the living area with natural light and open to a private balcony.. The open-concept living and dining area offers hardwood floors throughout. The modern kitchen is equipped with a full suite of appliances, including a refrigerator, stove, dishwasher, and microwave. The spacious primary bedroom features an ensuite bath, while the second bedroom with french doors provides flexibility as a guest room or home office. A convenient powder room is located just off the main living area. Additional amenities include: bike storage, dedicated basement storage, and common coin-operated laundry. Offering exceptional light, comfort, and convenience of Cambridge. Currently, the unit owner is renting an uncovered surface lot parking space next door at $200 that may be rentable for the next owner.

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 MLS and other third-party data may be inaccurate or out of date.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