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993 Memorial Drive #603 Cambridge — Photo 1 of 25

993 Memorial Drive #603 Cambridge — Photo 1 of 25

$1,695,000

Investment Analysis — 993 Memorial Drive #603

Cambridge, MA 02138 — Harvard Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02138 carries an estimated $5,070/mo in gross rent — about a 0.91% cap rate and $15,497/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,631

Style

Condominium

Built

1900

Every castle should have a room at the top. On the sixth and highest floor of Strathcona on the Charles, this classically elegant Cambridge home feels a little like one. Step off the elevator and your front door is directly ahead. Open it to a beautiful wood paneled entry where dark wood, old glass and deep trim frame the world outside. The Charles lies to the south, Ash Street stretches north, and views east and west follow the river in both directions.Inside, the rooms have the proportions and presence of an earlier Cambridge. A proper living room with fireplace opens to a generous dining room, with warm wood floors, beautiful millwork and light from multiple directions. Three bedrooms, or two plus an office, two full baths and in unit laundry create a gracious and remarkably flexible home.The wonderfully vintage kitchen, with its original cabinetry, hardware and fabulous old range, has a midcentury confidence all its own.Outside, the Charles and its paths are at your doorstep, with the historic houses and tree lined streets surrounding Brattle Street in the other direction. Harvard Square, with its restaurants, shops, cultural life and Red Line station, is close by.Strathcona itself is part of the story, its handsome brick architecture lending a sense of permanence and place. At the very top, this special home captures an older Cambridge through beautiful proportions, extraordinary light, far reaching views and enduring character.

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$1,695,000
Annual Taxes$12,440.98
HOA Fee$1525

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Tile, Flooring - Stone/Ceramic Tile
BasementY

Climate & Utilities

HeatingSteam
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

13 x 22

Closet, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Recessed Lighting

Dining Room
Lvl First

12 x 17

Beamed Ceilings, Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl First

14 x 9

Flooring - Wood, Lighting - Overhead

Primary Bedroom
Lvl First

14 x 13

Bathroom - Full, Closet, Flooring - Wood

Bedroom 2
Lvl First

13 x 17

Bedroom 3
Lvl First

14 x 13

Closet, Flooring - Wood

Bathroom 1
Lvl First

6 x 11

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

Bathroom 2
Lvl First

6 x 9

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Property History

Listed
$1,695,000

Oct 1, 2026

MLS® 73585116

Sold
$1,035,000

Dec 29, 2010

MLS® 71151453

Listed
$1,150,000

Oct 15, 2010

MLS® 71151453

Listing Provided By

Listing Agent: The May Group

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73585116