NOT LISTED FOR SALE

Estimated Value: $1,793,736 - $1,983,000

6 Beds
3 Baths
3,435 Sq Ft
$547/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,600,000 $466 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,303/month

36 Days on Market

Highlights

  • Medical Services
  • Balcony
  • Cooling Available
  • Property is near public transit
  • Porch
  • 2-minute walk to Reverend Thomas J. Williams Park

About This Home

As of March 2022

Amazing opportunity to own a spacious 3 family (with potential for condo conversion) on one of the most desired areas of Cambridge! Just steps from Porter Square and Davis Square and the red line! This sun-filled home is incredibly spacious and all 3 units (1,145 sqft each) have potential to add a third bedroom. Unit 3 is vacant and need some cosmetic repairs, unit 1 and 2 are in really good condition. Rents are below market rate with plenty of room for growth! Unit 3 and 2 will be delivered vacant!!! This beautiful home is an excellent investment with a lot of potential and is within walking distance to several restaurants, universities as well as the T Station. Don't miss out on this rare value-add opportunity!!!

Last Agent to Sell the Property

MRA Team

Marshall Kozak, LLC. Listed on: 11/30/2021

Last Buyer's Agent

Wangni Tian

Sweet Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,355

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • 3,435 Sq Ft Home
  • Rubber Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $4,300
  • Assessor Parcel Number 413526

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park
  • Bike Trail

Additional Features

  • Medical Services
  • Net Operating Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,355

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Other (See Remarks), Unit 1(Pantry), Unit 2(Pantry), Unit 3(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Tank Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 3435
  • Stories Total: 6
  • MAIN LO: AN4666
  • LIST PRICE PER Sq Ft: 480.35
  • PRICE PER Sq Ft: 465.79
  • MAIN SO: NB3030

Exterior Features

  • Exterior Features: Balcony, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Other
  • Patio And Porch Features: Porch
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Bike Path, House of Worship, Public School, T-Station, University, Other

Lot Info

  • Parcel Number: 413526
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3244
  • PAGE: 098

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9355.47
  • Tax Book Number: 01036

Multi Family

  • Gross Income: 51600
  • Net Operating Income: 51600
  • Number Of Units Total: 3
  • Total Actual Rent: 4300
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 28, 2022
Sold by
Marino Richard M
Bought by
Windsor Lt
Seller's Agent
MRA Team
Marshall Kozak, LLC.
Buyer's Agent
Wangni Tian
Sweet Home Realty
Sold Price
$1,600,000
Current Estimated Value
$1,879,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,934
Avg. Annual Appreciation
3.37%
Original Mortgage
$960,000
Outstanding Balance
$902,829
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$893,442
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Windsor Lt $1,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windsor Lt $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,600,000 -3.0% $466 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/11/2021 12/11/21 For Sale -- -- --
12/06/2021 12/06/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $1,650,000 -- $480 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,722 $2,003,400 $527,000 $1,476,400
2024 $11,692 $1,975,000 $553,400 $1,421,600
2023 $9,632 $1,643,700 $563,500 $1,080,200
2022 $9,100 $1,537,200 $561,500 $975,700
2021 $8,709 $1,488,800 $550,100 $938,700
2020 $8,375 $1,456,500 $537,900 $918,600
2019 $7,790 $1,311,400 $447,200 $864,200
2018 $7,247 $1,152,200 $376,600 $775,600
2017 $7,063 $1,088,300 $353,000 $735,300
2016 $6,870 $982,900 $305,900 $677,000
2015 $6,698 $856,500 $269,000 $587,500
2014 $6,474 $772,500 $235,400 $537,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72923818

MLS Property Information Network (MLS PIN)

APN: CAMB-000191-000000-000093