Barbara Wales
Engel & Volkers Newton
(781) 512-8233
103 Total Sales
2 in Wellington-Harrington
$560K - $655K Price Range
1126 Cambridge St Cambridge, MA 02139
Wellington-Harrington NeighborhoodEstimated Value: $1,822,003
4
Beds
2.5
Baths
3,126
Sq Ft
$583/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Wood Flooring
- Porch
- Cambridgeport Rated A-
- Jogging Path
- Shops
About This Home
As of August 2022Priced to sell! Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is in place for the commercial space which runs up until 2029 with an escalating annual rent (unit currently yields $4,244/month but increases to $5,219/month by term end). Commercial tenant pays for half the water/sewer bill each quarter, as well as the commercial portion of the property taxes. Unit #2 brings in $2,200 per month and unit #3 yields $2,500 per month. Total annual rent for the building amounts to $107,328 with very little overhead.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,655
Year Built
- Built in 1862
Lot Details
- 1,154 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Rubber Roof
- Stone
Interior Spaces
- 3,126 Sq Ft Home
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- On-Street Parking
- Open Parking
Additional Features
- Porch
- Property is near public transit and schools
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $8,944
- Assessor Parcel Number 403081
Community Details
Overview
- 3 Units
- Property has 2 Levels
Recreation
- Jogging Path
- Bike Trail
Additional Features
- Shops
- Net Operating Income $107,328
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2022
Closed on
Aug 17, 2022
Sold by
Huynh An
Bought by
Seller's Agent
Joe Danisch
Coelho Realty Group LLC
Buyer's Agent
Joe Danisch
Coelho Realty Group LLC
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,003
Avg. Annual Appreciation
0.30%
Original Mortgage
$1,250,000
Outstanding Balance
$1,177,220
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$644,783
Purchase Details
Listed on
Mar 7, 2022
Closed on
Aug 16, 2022
Sold by
Bettencourt & Neto Rt and Cerqueira
Bought by
Huynh An
Seller's Agent
Joe Danisch
Coelho Realty Group LLC
Buyer's Agent
Joe Danisch
Coelho Realty Group LLC
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,177,220
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$644,783
Purchase Details
Closed on
Jun 26, 1998
Sold by
Masterson Florence
Bought by
Bettencourt & Neto Rt and Cerqueira
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wellington-Harrington, MA
-
Barbara Wales
-
Tina DiMonda
Tina DiMonda
Gibson Sotheby's International Realty
(857) 763-4448
28 Total Sales
1 in Wellington-Harrington
$570,000 Price
-
Jay Liu
Jay Liu
Jiang Hua Liu
(781) 790-4120
30 Total Sales
1 in Wellington-Harrington
$1,100,000 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
105 Total Sales
1 in Wellington-Harrington
$485,000 Price
-
Minka vanBeuzekom
Minka vanBeuzekom
Coldwell Banker Realty - Cambridge
(617) 657-2667
55 Total Sales
2 in Wellington-Harrington
$645K - $850K Price Range
-
Alina Wang
Alina Wang
Coldwell Banker Realty - Lexington
(774) 458-7979
257 Total Sales
1 in Wellington-Harrington
$695,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | $1,800,000 | -2.7% | $576 / Sq Ft |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- |
| 06/14/2022 06/14/22 | Price Changed | $1,849,995 | -7.3% | $592 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $1,995,000 | 0.0% | $638 / Sq Ft |
| 04/05/2022 04/05/22 | Pending | -- | -- | -- |
| 03/07/2022 03/07/22 | For Sale | $1,995,000 | -- | $638 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | $1,440,200 | $598,800 | $841,400 |
| 2024 | -- | $1,446,600 | $651,100 | $795,500 |
| 2023 | $0 | $945,000 | $0 | $945,000 |
| 2022 | $0 | $951,000 | $446,600 | $504,400 |
| 2021 | $0 | $966,700 | $378,500 | $588,200 |
| 2020 | $0 | $878,600 | $360,000 | $518,600 |
| 2019 | $0 | $788,000 | $308,100 | $479,900 |
| 2018 | -- | $696,400 | $274,700 | $421,700 |
| 2017 | -- | $616,800 | $243,500 | $373,300 |
| 2016 | -- | $542,900 | $206,600 | $336,300 |
| 2015 | -- | $489,600 | $190,400 | $299,200 |
| 2014 | -- | $456,700 | $181,200 | $275,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Danisch
Seller's Agent in 2022
Joe Danisch
Coelho Realty Group LLC
(617) 477-8223
2 in this area
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72949727
APN: CAMB-000085-000000-000027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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