J
Seller's Agent in 2015
John
RCG Properties
21 Total Sales
135 Otis St Cambridge, MA 02141
East Cambridge NeighborhoodEstimated Value: $1,940,000 - $3,621,996
9
Beds
4
Baths
3,677
Sq Ft
$689/Sq Ft
Est. Value
About This Home
As of August 2015Attention Investors: Turnkey investment property in Cambridge. Location, Condition and Income are all here! This East Cambridge THREE FAMILY is within walking distance to the Green Line T, MIT and KENDALL SQUARE. Recently RENOVATED, apartments offer residents high ceilings, some nice original detail, renovated kitchens with new white wood cabinets, granite counters and stainless appliances. All 3 apts. have central air and gas forced hot water baseboard heat. Hardwood floors and all walls and ceilings were refinished. There is a nice private rear yard with a small lawn, patio area and mature plantings. INCOME IS HIGH and steady here since we are offering 3BD units in good, clean condition with nice layouts in a great location. One year leases are already in place beginning 9-1-15. Annual gross income is $124,500. Rents are 3375 (1st fl.), 3550 (2nd fl.) and 3450 (3rd fl.). Rent is direct deposited to your bank and tenants pay all utilities (water is separately metered).
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$16,572
Year Built
1886
Lot Details
0
Listing Details
- Lot Description: Fenced/Enclosed, Level
- Other Agent: 2.00
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1886
Interior Features
- Has Basement: Yes
- Number of Rooms: 15
- Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, T-Station, University
- Electric: 100 Amps, Individually Metered
- Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
- Flooring: Wood
- Basement: Full, Interior Access, Concrete Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Clapboard, Wood
- Exterior Features: Patio, Fenced Yard, Garden Area
- Foundation: Fieldstone
Garage/Parking
- Parking: On Street Permit
- Parking Spaces: 0
Utilities
- Cooling Zones: 3
- Heat Zones: 3
- Hot Water: Natural Gas
- Utility Connections: for Gas Range
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2017
Sold by
Joyce-Chen Ma L and Tratz Andrew R
Bought by
2010 Tratz Chen Ret
Current Estimated Value
Purchase Details
Listed on
Jun 24, 2015
Closed on
Aug 18, 2015
Sold by
Rcg 135 Otis Llc
Bought by
Tratz Andrew R and Chen Ma L
Seller's Agent
John
RCG Properties
Buyer's Agent
Mancy Jane Parker
Martocchia REALTORS®
List Price
$1,900,000
Sold Price
$1,859,000
Premium/Discount to List
-$41,000
-2.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Purchase Details
Closed on
Jun 4, 2013
Sold by
Elerowski Paul W
Bought by
Rcg 135 Otis Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2010 Tratz Chen Ret | -- | -- | |
| Tratz Andrew R | $1,859,000 | -- | |
| Rcg 135 Otis Llc | $960,000 | -- | |
| Rcg 135 Otis Llc | $960,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rcg 135 Otis Llc | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2015 08/20/15 | Sold | $1,859,000 | -2.2% | $506 / Sq Ft |
| 07/21/2015 07/21/15 | Pending | -- | -- | -- |
| 06/24/2015 06/24/15 | For Sale | $1,900,000 | -- | $517 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $16,572 | $2,609,700 | $528,300 | $2,081,400 |
| 2024 | $15,259 | $2,577,600 | $573,300 | $2,004,300 |
| 2023 | $13,708 | $2,339,200 | $534,200 | $1,805,000 |
| 2022 | $12,943 | $2,186,300 | $556,200 | $1,630,100 |
| 2021 | $12,420 | $2,123,000 | $534,000 | $1,589,000 |
| 2020 | $12,061 | $2,097,600 | $538,000 | $1,559,600 |
| 2019 | $11,846 | $1,994,300 | $527,700 | $1,466,600 |
| 2018 | $11,329 | $1,751,600 | $437,600 | $1,314,000 |
| 2017 | $10,516 | $1,620,400 | $391,300 | $1,229,100 |
| 2016 | $9,680 | $1,384,800 | $306,300 | $1,078,500 |
| 2015 | $9,370 | $1,198,200 | $262,600 | $935,600 |
| 2014 | $5,873 | $700,800 | $203,400 | $497,400 |
Source: Public Records
Agents Affiliated with this Home
-
John
-
Mancy Jane Parker
Buyer's Agent in 2015
Mancy Jane Parker
Martocchia REALTORS®
(781) 608-3879
1 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71863407
APN: CAMB-000023-000000-000152
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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