NOT LISTED FOR SALE

194 Prospect St Unit R Cambridge, MA 02139

The Port Neighborhood

Estimated Value: $1,603,577 - $1,717,000

2 Beds
2 Baths
1,531 Sq Ft
230 Acres

Highlights

  • Medical Services
  • Deck
  • 1 Fireplace
  • 9,999,999 Sq Ft lot
  • Property is near public transit
  • 2-minute walk to Robert Paine Square Playground

About This Home

As of July 2022

**ACADEMIC YEAR FURNISHED RENTAL ONLY SEPT 2022-JUN 2023** Spectacular new construction luxury townhouse in the heart of Cambridge. Open kitchen/dining/living, perfect for entertaining. Chef's kitchen with gas cooking, tons of counter space, and all the amenities you would expect in a high-end renovation. Recessed lights, cathedral ceilings, skylights, 2 heating/cooling zones, and tons of light are just some of the details. First floor features utilities and a small amount of storage. Second floor is main living area with a full bath and smaller bedroom. Third floor features primary suite with additional home office area. Outdoor space includes a private, 3rd floor roof deck as well as a common, fenced patio/garden area behind the property. Unit comes with 1 garage parking space. All utilities included in the rent. No pets, no exceptions.

Last Agent to Rent the Property

Jennifer Keenan

Keller Williams Realty Boston Northwest Listed on: 05/15/2022

Keller Williams Realty Boston Northwest

Last Renter's Agent

Jennifer Keenan

Keller Williams Realty Boston Northwest Listed on: 05/15/2022

Keller Williams Realty Boston Northwest

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,368

Year Built

  • Built in 2008

Lot Details

  • 230

Parking

  • 1 Car Parking Space

Interior Spaces

  • 1,531 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 9/1/22
  • Rent includes electricity, gas, water, sewer, snow removal, garden area, cable TV, furnishings (see remarks), air conditioning, laundry facilities, parking, internet
  • Assessor Parcel Number M:00087 L:000060194R,4603025

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,368

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-09-01
  • Lease Term: Lease Terms(Lease),Term of Rental(9/10)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 5000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2008
  • Entry Level: 2
  • Year Built Details: Actual
  • Year Round: Yes
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Second
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Second
  • Accessibility Features: No
  • Living Area: 1531
  • MAIN LO: BB3298
  • LIST PRICE PER Sq Ft: 3.27
  • PRICE PER Sq Ft: 3.27
  • MAIN SO: BB3298

Exterior Features

  • Patio And Porch Features: Deck - Roof, Patio
  • Waterfront Features: Unknown To Beach
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Electricity, Gas, Water, Sewer, Snow Removal, Garden Area, Cable TV, Furnishings (See Remarks), Air Conditioning, Laundry Facilities, Parking, Internet
  • Senior Community YN: No
  • UNIT BUILDING: R

Lot Info

  • Parcel Number: M:00087 L:000060194R,4603025
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Martin Peter J and Martin Suzanne W
Bought by
Devaraj Lily and Devaraj Anjan
Current Estimated Value
$1,663,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$759,418
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$903,976

Purchase Details

Closed on
Sep 28, 2005
Sold by
194 Prospect St T and Aposhian
Bought by
Martin Peter J and Martin Suzanne W
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
Devaraj Lily $1,650,000 None Available
Devaraj Lily $1,650,000 None Available
Martin Peter J $275,000 --
Martin Peter J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devaraj Lily $770,000
Closed Devaraj Lily $770,000
Previous Owner Martin Peter J $446,500
Previous Owner Martin Peter J $200,000
Previous Owner Martin Peter J $450,000
Previous Owner Martin Peter J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Rented $5,000 0.0% --
06/27/2022 06/27/22 Under Contract -- -- --
05/15/2022 05/15/22 For Rent $5,000 +31.6% --
08/27/2020 08/27/20 Rented $3,800 +8.6% --
08/25/2020 08/25/20 Under Contract -- -- --
08/13/2020 08/13/20 Price Changed $3,500 -22.2% $2 / Sq Ft
08/04/2020 08/04/20 Price Changed $4,500 -8.2% $2 / Sq Ft
06/23/2020 06/23/20 For Rent $4,900 +2.1% --
05/31/2018 05/31/18 Rented $4,800 0.0% --
05/30/2018 05/30/18 Under Contract -- -- --
05/17/2018 05/17/18 For Rent $4,800 +6.7% --
05/10/2016 05/10/16 Rented $4,500 0.0% --
04/27/2016 04/27/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $4,500 +7.1% --
11/17/2015 11/17/15 Rented $4,200 0.0% --
11/09/2015 11/09/15 Under Contract -- -- --
10/14/2015 10/14/15 For Rent $4,200 -6.7% --
08/16/2013 08/16/13 Rented $4,500 -10.0% --
08/16/2013 08/16/13 For Rent $5,000 -- --
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 $9,368 $1,475,300 $0 $1,475,300
2024 $8,490 $1,434,200 $0 $1,434,200
2023 $7,888 $1,346,000 $0 $1,346,000
2022 $7,698 $1,300,400 $0 $1,300,400
2021 $7,448 $1,273,100 $0 $1,273,100
2020 $6,982 $1,214,200 $0 $1,214,200
2019 $6,529 $1,099,100 $0 $1,099,100
2018 $6,464 $1,000,600 $0 $1,000,600
2017 $6,062 $934,100 $0 $934,100
2016 $5,999 $858,200 $0 $858,200
2015 $5,947 $760,500 $0 $760,500
2014 $5,753 $686,500 $0 $686,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Keenan

    Landlord's Agent in 2022

    Jennifer Keenan

    Keller Williams Realty Boston Northwest

    (781) 704-3193

    80 Total Sales

    Jennifer Keenan
    Section Image

  • R

    Buyer's Agent in 2016

    Ryan Pietras

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981935

MLS Property Information Network (MLS PIN)

APN: CAMB-000087-000000-000006-000194R

Massachusetts Middlesex County Cambridge 02139 The Port

194 Prospect St Unit R, Cambridge, MA

This home is located at 194 Prospect St Unit R, Cambridge, MA 02139 since 15 May 2022 and is currently priced at $1,663,394. This property was built in 2008. 194 Prospect St Unit R is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

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.

MLS Property Information Network (MLS PIN) 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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