J
Seller's Agent in 2026
James Riel
JR Associates
3 Seagrave Rd Cambridge, MA 02140
North Cambridge Neighborhood
5
Beds
2
Baths
2,644
Sq Ft
3,780
Sq Ft Lot Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Jogging Path
- Deck
- Wood Flooring
- 1-minute walk to Gibbons Park
About This Home
As of May 2026A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (both tenants through 7/31/26) produces a solid 4.22% CAP rate, making it a reliable investment from day one. Even more compelling, a formal zoning analysis by Context Workshop Architects confirms the ability to demolish the existing structure and construct up to nine (9) residential units with roughly 10,000 sq ft of gross living area under current C-1 zoning. With only 5' front and side setbacks required and no parking minimums under Cambridge’s new multifamily zoning, this site offers a clear by-right path for a boutique development project. Located minutes to Alewife Station, the Minuteman Bike Path, and steps from the transformative 46-acre Cambridge Point redevelopment, this property sits in one of the most rapidly evolving and highly connected neighborhoods in the city. A perfect opportunity for developers or investors seeking long-term upside.
Last Agent to Sell the Property
James Riel
JR Associates Listed on: 01/08/2026
Last Buyer's Agent
James Riel
JR Associates Listed on: 01/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,666
Year Built
- Built in 1950
Lot Details
- 3,780 Sq Ft Lot
- Level Lot
- Garden
Parking
- 2 Car Garage
- Tandem Parking
- 5 Open Parking Spaces
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,644 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Gas Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Rain Gutters
Location
- Flood Zone Lot
- Property is near public transit and schools
Schools
- Wild Rose Elementary School
- Rindge Avenue Middle School
- Rindge Avenue High School
Utilities
- 2 Heating Zones
- Separate Meters
- 150 Amp Service
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $6,900
- Assessor Parcel Number M:00187 L:00036,413106
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $13,228
- Net Operating Income $69,572
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 23, 1998
Sold by
Breen Mary
Bought by
Andrews Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$50,184
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,434,374
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Court Massachusetts | $328,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $278,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | Sold | $1,475,000 | -4.8% | $558 / Sq Ft |
| 02/06/2026 02/06/26 | Pending | -- | -- | -- |
| 01/13/2026 01/13/26 | Price Changed | $1,550,000 | -6.1% | $586 / Sq Ft |
| 01/08/2026 01/08/26 | For Sale | $1,650,000 | -- | $624 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $7,746 | $1,219,900 | $480,700 | $739,200 |
| 2024 | $7,176 | $1,212,100 | $500,700 | $711,400 |
| 2023 | $6,648 | $1,134,400 | $510,700 | $623,700 |
| 2022 | $6,330 | $1,069,200 | $505,400 | $563,800 |
| 2021 | $6,142 | $1,049,900 | $507,100 | $542,800 |
| 2020 | $6,038 | $1,050,000 | $518,100 | $531,900 |
| 2019 | $5,722 | $963,300 | $462,500 | $500,800 |
| 2018 | $5,273 | $838,300 | $389,400 | $448,900 |
| 2017 | $5,279 | $813,400 | $365,100 | $448,300 |
| 2016 | $5,126 | $733,400 | $316,400 | $417,000 |
| 2015 | $5,067 | $648,000 | $278,200 | $369,800 |
| 2014 | $4,812 | $574,200 | $243,400 | $330,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73466811
APN: CAMB-000187-000000-000036
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.
Nearby Homes
- 38 Lafayette St Unit 38
- 22 Madison Ave
- 57 Fairmont St Unit 1
- 11 Brookford St
- 11 Brookford St Unit 11
- 2 Thorndike St Unit 2
- 30 Brookford St
- 126 Harvey St Unit 2
- 22 Cottage Park Ave Unit 1
- 130 Massachusetts Ave Unit 6
- 53 Henderson St
- 69 Harvey St Unit 7
- 97 Elmwood St Unit 313
- 97 Elmwood St Unit 110
- 116 Milton St Unit 116
- 2931 Washburn Ave Unit 1B
- 48-50 Amsden St Unit 48
- 48-50 Amsden St Unit 50
- 48-50 Amsden St
- 18 Chandler St
Your Personal Tour Guide
Ask me questions while you tour the home.