NOT LISTED FOR SALE

Point 262 262 Monsignor Obrien Hwy Unit 703 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $732,000 - $814,000

1 Bed
1 Bath
781 Sq Ft
$468/mo HOA Fee

Last Sold August 09, 2024

Last sale price $769,000 $985 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,948/month

73 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Open Floorplan
  • Medical Services
  • City View
  • 3-minute walk to Gold Star Mothers Park

About This Home

As of August 2024

Experience the epitome of urban living in this stunning one-bedroom, one-bath penthouse at Point 262. Boasting two coveted garage parking spaces, this residence offers unparalleled convenience in addition to its luxurious features. Floor-to-ceiling windows flood the space with natural light, highlighting the meticulous finishes, stainless steel appliances, and floating hardwood floors. Delight in the comfort of radiant heat flooring in the bathroom and the convenience of an in-unit washer/dryer.Beyond the unit, enjoy exclusive access to building amenities including a landscaped roof deck, fitness room, and elevator access. Located amidst a wealth of local amenities such as Twin City Plaza, Somini Skating Rink, Gold Star Mother's Park, playgrounds, and basketball courts, Point 262 offers a vibrant community atmosphere. Close by to MBTA Stations at Cambridge Crossing and Kendall Square.

Last Agent to Sell the Property

Marius Gallitano

Compass Listed on: 04/10/2024

Compass

Co-Listed By

Ilona Kuphal

Compass

Last Buyer's Agent

Bonnie Lai

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 2017

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Open Parking
  • Deeded Parking

Home Design

  • Entry on the 7th floor
  • Rubber Roof
  • Stone

Interior Spaces

  • 781 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • Insulated Windows
  • Picture Window
  • City Views
  • Intercom

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Custom Closet System
  • Dual Closets
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • Individual Controls for Heating
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number M:00022 L:0012800703,5094547

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 55 Units
  • Mid-Rise Condominium
  • Point 262 Community

Amenities

  • Medical Services
  • Shops
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,325

Year Built

Built in 2017

Lot Details

0

HOA Fees

$468 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2017
  • Entry Level: 7
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Engineered Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Closet, Window(s) - Picture, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead, Closet - Double
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Overhead
  • Bathroom 1 Level: Main,First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
  • Laundry Features: In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Features: Window(s) - Picture, Balcony / Deck, Balcony - Exterior, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Lighting - Overhead
  • Basement: N
  • Living Area: 781
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: BB0125
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Roof, Balcony, City View(s)
  • Common Walls: No One Above
  • Construction Materials: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, Storage, Deeded, Garage Faces Side, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air, Heat Pump, Unit Control
  • Heating: Forced Air, Heat Pump, Unit Control
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Storage
  • Association Fee: 468
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:00022 L:0012800703,5094547
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4325

Multi Family

  • Number Of Units Total: 55
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Aug 9, 2024
Sold by
Chow Frank and Lee Sangmi
Bought by
Gaspar John M
Seller's Agent
Marius Gallitano
Compass
Buyer's Agent
Bonnie Lai
RE/MAX Real Estate Center
List Price
$809,000
Sold Price
$769,000
Premium/Discount to List
-$40,000
-4.94%
Views
68
Current Estimated Value
$781,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,578
Avg. Annual Appreciation
1.23%
Original Mortgage
$219,000
Outstanding Balance
$216,517
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,061

Purchase Details

Closed on
Apr 17, 2019
Sold by
Cambridge Capital Group
Bought by
Chow Frank and Lee Sangmi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaspar John M $769,000 None Available
Gaspar John M $769,000 None Available
Chow Frank $740,000 --
Chow Frank $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaspar John M $219,000
Closed Gaspar John M $219,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $769,000 0.0% $985 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $769,000 -2.5% $985 / Sq Ft
06/02/2024 06/02/24 Price Changed $789,000 -1.3% $1,010 / Sq Ft
05/02/2024 05/02/24 Price Changed $799,000 -1.2% $1,023 / Sq Ft
04/14/2024 04/14/24 For Sale $809,000 0.0% $1,036 / Sq Ft
04/14/2024 04/14/24 Off Market $809,000 -- --
04/10/2024 04/10/24 For Sale $809,000 0.0% $1,036 / Sq Ft
04/22/2022 04/22/22 Rented $3,000 0.0% --
04/22/2022 04/22/22 Under Contract -- -- --
04/11/2022 04/11/22 For Rent $3,000 -- --
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 $4,568 $719,300 $0 $719,300
2024 $4,325 $730,600 $0 $730,600
2023 $4,151 $708,300 $0 $708,300
2022 $4,156 $702,100 $0 $702,100
2021 $4,088 $698,800 $0 $698,800
2020 $3,909 $679,800 $0 $679,800
Source: Public Records

Agents Affiliated with this Home

  • Marius Gallitano

    Seller's Agent in 2024

    Marius Gallitano

    Compass

    (617) 852-3936

    13 in this area

    80 Total Sales

    Marius Gallitano
    Section Image
  • Ilona Kuphal

    Seller Co-Listing Agent in 2024

    Ilona Kuphal

    Compass

    (617) 592-2310

    14 in this area

    15 Total Sales

    Ilona Kuphal
    Section Image
  • Bonnie Lai

    Buyer's Agent in 2024

    Bonnie Lai

    RE/MAX

    (617) 309-7093

    2 in this area

    217 Total Sales

    Bonnie Lai
    Section Image
  • Roy Bahnam

    Seller's Agent in 2022

    Roy Bahnam

    Douglas Elliman Real Estate - The Sarkis Team

    (617) 548-6588

    1 in this area

    74 Total Sales

    Roy Bahnam
    Section Image
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About Point 262

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222426

MLS Property Information Network (MLS PIN)

APN: CAMB-22 128 703

Massachusetts Middlesex County Cambridge 02141 East Cambridge

262 Monsignor Obrien Hwy Unit 703, Cambridge, MA

Not Listed for Sale

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