$688,693
RENTED SEP 1, 2025

348 Franklin St Unit 2A Cambridge, MA 02139

Riverside Neighborhood
2 Beds
1 Bath
747 Sq Ft
2.3 Acres

Highlights

  • Golf Course Community
  • 5-minute walk to Central Square Station
  • Property is near public transit
  • Medical Services
  • 99,999 Sq Ft lot
  • 4-minute walk to Carl F. Barron Plaza

About This Home

As of September 2025

Central Square two bedroom, one bath condo available for rent! Fully applianced kitchen comes equipped with granite countertops, stainless steel appliances, tile backsplash, pendant lighting, and large peninsula with additional seating. Open floor-plan from kitchen to large living/dining space. Wall to wall windows allowing for plenty of natural light, with hardwood floors throughout. Two bedrooms, each with full sized, customized closet. Modern bathroom, with gorgeous tile-work and built in cabinet for additional storage. One off-street parking space included in the rent, with common laundry and a small storage locker available on the top floor. Tenant responsible for gas heat, hot water, and electricity. Sorry, no pets and no smoking. Available for a 12-month lease starting 9/1/2025. First, last, security, and broker fee due at lease signing.

Last Agent to Rent the Property

Michael Wilson-P mwilsonpierce@cambridgere

Cambridge Realty Group, Inc. Listed on: 07/13/2025

Last Renter's Agent

Mario Capone

Cambridge Realty Group, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,334

Year Built

  • 1962

Lot Details

  • Near Conservation Area

Parking

  • 1 Car Parking Space

Interior Spaces

  • 747 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $3,550
  • Property Available on 9/1/25
  • Rent includes water, sewer, trash collection, snow removal, gardener, extra storage, laundry facilities
  • 12 Month Lease Term
  • Assessor Parcel Number 407903

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,334

Year Built

1962

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3550

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Year Round: Yes
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Interior Amenities: Single Living Level
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Above Grade Finished Sq Ft: 747
  • Living Area: 747
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AC1762
  • LIST PRICE PER Sq Ft: 4.55
  • PRICE PER Sq Ft: 4.55
  • MAIN SO: AC1762

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Extra Storage, Laundry Facilities
  • Senior Community YN: No
  • UNIT BUILDING: 2A

Lot Info

  • Parcel Number: 407903
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999
  • Lot Size Units: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2012
Sold by
Morrison Ryan E
Bought by
Morrison Ryan E and Morrison Laura M
Current Estimated Value
$688,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$173,199
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$515,494

Purchase Details

Closed on
Apr 6, 2007
Sold by
Est Lent Richard H and Lent Robert F
Bought by
Morrison Ryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,050
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Maleh Camille A
Bought by
Lent Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morrison Ryan E -- --
Morrison Ryan E $277,400 --
Lent Richard $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Ryan E $47,000
Open Morrison Ryan E $250,000
Previous Owner Morrison Ryan E $208,050
Previous Owner Morrison Ryan E $55,480
Previous Owner Lent Richard H $85,000
Previous Owner Lent Richard $88,000
Previous Owner Lent Richard $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Rented $3,400 0.0% --
08/11/2025 08/11/25 Under Contract -- -- --
08/01/2025 08/01/25 Price Changed $3,400 -4.2% $5 / Sq Ft
07/13/2025 07/13/25 For Rent $3,550 -- --
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 $3,334 $525,100 $0 $525,100
2024 $3,032 $512,100 $0 $512,100
2023 $3,048 $520,200 $0 $520,200
2022 $3,039 $513,300 $0 $513,300
2021 $2,961 $506,100 $0 $506,100
2020 $2,878 $500,600 $0 $500,600
2019 $2,764 $465,400 $0 $465,400
2018 $2,695 $428,400 $0 $428,400
2017 $2,577 $397,000 $0 $397,000
2016 $2,465 $352,700 $0 $352,700
2015 $2,441 $312,200 $0 $312,200
2014 $2,414 $288,100 $0 $288,100
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73403718

MLS Property Information Network (MLS PIN)

APN: CAMB-000124-000000-000063-000002A