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63 Days on market
55 Magazine St. #18 Cambridge — Photo 1 of 24

55 Magazine St. #18 Cambridge — Photo 1 of 24

Recent Drop: $4,000

$539,000
$535,000

$535,000

Investment Analysis — 55 Magazine St. #18

Cambridge, MA 02139

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02139 carries an estimated $3,370/mo in gross rent — about a 4.40% cap rate and $23,565/yr in estimated NOI at the $535,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

485

Style

Condominium

Built

1900

The Kensington, a sought after elegant 6-story brick building, with elevator, built in 1900 with beautiful period details in the heart of Cambridgeport, close to Central, Harvard and Kendall Squares and the Charles River and just a block away from Dana Square Park. This charming updated freshly painted turnkey 1BR/1BA condo is located on the 1st floor and features high ceilings with recessed lights, modern kitchen with maple cabinets and granite countertops and stainless steal appliances, modern tiled bathroom, washer/dryer hook-up, generously sized bedroom, replacement windows, and freshly sanded and finished hardwood floors throughout. Private storage, common bike room and laundry in the basement. ***The unit is virtually staged***

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 MLS and other third-party data may be inaccurate or out of date.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$539,000
Annual Taxes$3,505
HOA Fee$305.36

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingHot Water
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • University

Geography

Floorplan Breakdown

Structural Layout

First
Bathroom 1
Main,First
Living RoomKitchenPrimary Bedroom
Living Room
Lvl Main,First

Closet, Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled

Kitchen
Lvl Main,First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Recessed Lighting, Remodeled, Stainless Steel Appliances, Washer Hookup

Primary Bedroom
Lvl Main,First

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$535,000

Was $539,000

Sep 24, 2026

MLS® 73558679

Listed
$539,000

Aug 4, 2026

MLS® 73558679

Terminated
$489,000

Jun 18, 2026

MLS® 73528791

Listed
$489,000

Jun 3, 2026

MLS® 73528791

Listing Provided By

Listing Agent: Olga Perelman

Listing Office: Olga Perelman

MLS® Number: 73558679