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7 Russell Street #3 Cambridge — Photo 1 of 15

7 Russell Street #3 Cambridge — Photo 1 of 15

Recent Drop: $20,000

$785,000
$765,000

$765,000

Investment Analysis — 7 Russell Street #3

Cambridge, MA 02140 — Porter Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02140 carries an estimated $3,650/mo in gross rent — about a 3.26% cap rate and $24,946/yr in estimated NOI at the $765,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

891

Style

Condominium

Built

1920

Set within a beautifully preserved Victorian residence in the heart of Cambridge, this light-filled condominium at 7 Russell Street offers a seamless blend of period charm, modern comfort, and exceptional convenience. Thoughtfully designed on a single level, the home embraces an effortless urban lifestyle. Spanning approximately 891 square feet, the residence features two well-proportioned bedrooms and inviting living spaces enhanced by abundant natural light. A unique mezzanine-level retreat provides the perfect spot for reading or additional storage, while the expansive living and dining area is ideally suited for both everyday living and entertaining. Additional highlights include in-unit laundry, a substantial private storage room in the basement, and one off-street parking space—a highly desirable amenity in this sought-after neighborhood. Ideally located near Harvard University, Porter Square, acclaimed restaurants, independent shops, and Red Line transit

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 MLS and other third-party data may be inaccurate or out of date.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$785,000
Annual Taxes$4,823.41
HOA Fee$293.25

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl Third

17 x 16.2

Skylight, Closet, Flooring - Wood, Open Floorplan, Remodeled, Lighting - Overhead, Half Vaulted Ceiling(s)

Kitchen
Lvl Third

6 x 11.8

Skylight, Flooring - Wood, Recessed Lighting, Remodeled

Primary Bedroom
Lvl Third

11.5 x 15.6

Skylight, Walk-In Closet(s), Flooring - Wood, Exterior Access

Bedroom 2
Lvl Third

7.7 x 10

Bathroom 1
Lvl Third

7 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Property History

Price Drop
$765,000

Was $785,000

Sep 8, 2026

MLS® 73550288

Listed
$785,000

Jul 15, 2026

MLS® 73550288

Listing Provided By

Listing Agent: Barbara Currier

Listing Office: Coldwell Banker Realty - Cambridge

MLS® Number: 73550288