Seller's Agent in 2024
Marius Gallitano
Compass
(617) 852-3936
10 in this area
79 Total Sales
Point 262 262 Monsignor Obrien Hwy Unit 703 Cambridge, MA 02141
East Cambridge NeighborhoodEstimated Value: $760,907 - $813,000
1
Bed
1
Bath
781
Sq Ft
$468/mo
HOA Fee
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 2024Experience 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.
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
- 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
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%
Total Days on Market
73
Views
68
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
$15,727
Avg. Annual Appreciation
2.77%
Original Mortgage
$219,000
Outstanding Balance
$217,494
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$567,233
Purchase Details
Closed on
Apr 17, 2019
Sold by
Cambridge Capital Group
Bought by
Chow Frank and Lee Sangmi
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 |
|---|---|---|---|
| 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 | |
| Previous Owner | Chow Frank | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Ilona Kuphal
Seller Co-Listing Agent in 2024
Ilona Kuphal
Compass
(617) 592-2310
13 in this area
14 Total Sales
-
Bonnie Lai
Buyer's Agent in 2024
Bonnie Lai
RE/MAX
(617) 309-7093
3 in this area
224 Total Sales
-
Roy Bahnam
Seller's Agent in 2022
Roy Bahnam
Douglas Elliman Real Estate - The Sarkis Team
(617) 548-6588
1 in this area
48 Total Sales
About Point 262
Map
Similar Homes in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73222426
APN: CAMB-22 128 703
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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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