16 Field St Cambridge, MA 02138
Neighborhood Nine NeighborhoodEstimated payment $19,997/month
Highlights
- New Construction
- Property is near golf course, public transit, and schools
- Tennis Courts
- Solar Power System
- Community Pool
- Jogging Path
About This Home
Will be Fully permitted 9 unit development opportunity in highly desirable West Cambridge. Soon to be approved plans for 8 luxury two-bedroom and 1 three-bedroom residences, each thoughtfully designed with private balconies / studies / roof decks. Ideal for investors or developers. Sell as premium condominiums or hold as high-end rental units. The site will be shovel-ready, allowing immediate demo and construction and reduced timeline to completion. Take advantage of Cambridge’s generous zoning laws and strong demand for upscale housing. Located near Danehy Park, Fresh Pond, playgrounds, acclaimed restaurants, boutique shopping, Harvard Square, Porter Square, Route 2, and the Mass Pike. Enjoy convenient access to the Red Line, commuter rail, Harvard, MIT, Kendall Square, and Cambridge's world-renowned innovation economy. A rare turnkey opportunity in one of Cambridge's most coveted neighborhoods. Please see offering memorandum as well as full set of plans under paper clip.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,569
Year Built
- Built in 2026 | New Construction
Lot Details
- 4,076 Sq Ft Lot
- Level Lot
Home Design
- Home to be built
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 19 Bedrooms
- 18 Full Bathrooms
Additional Features
- Solar Power System
- Balcony
- Property is near golf course, public transit, and schools
Listing and Financial Details
- Assessor Parcel Number M:00262 L:00066
Community Details
Overview
- 9 Units
- Near Conservation Area
- Property has 2 Levels
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Additional Features
- Shops
- Net Operating Income $156,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/17/2026 07/17/26 | For Sale | $3,500,000 | 0.0% | $332 / Sq Ft |
| 11/19/2018 11/19/18 | Rented | $2,250 | 0.0% | -- |
| 11/18/2018 11/18/18 | Off Market | $2,250 | -- | -- |
| 10/23/2018 10/23/18 | Price Changed | $2,250 | -2.2% | -- |
| 09/18/2018 09/18/18 | For Rent | $2,300 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73551562
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Ask me questions while you tour the home.