Seller's Agent in 2022
John Pentore
Horvath & Tremblay
(781) 484-8166
38 Gibson St Cambridge, MA 02138
West Cambridge Neighborhood
20
Beds
36
Baths
999
Sq Ft
0.29
Acres
Highlights
- Medical Services
- Wood Flooring
- Laundry Room
- Property is near public transit
- Park
- Shops
About This Home
As of March 2022Gibson Terrace (38 Gibson Street), is an eighteen-unit (18) generational, brick investment property located in Cambridge, Massachusetts. Situated in an incredible urban infill location just off Mt. Auburn Street on a tree-lined residential street and surrounded by stately single-family homes, the Property is just 0.7 miles from Harvard Square and world-renowned Harvard University. Additionally located in close proximity to the property is Mt. Auburn Hospital, scenic Memorial Drive and the Charles River. The property (which is 18 individual condos under one ownership) consists of sixteen (16), 1-Bedroom/1-Bathroom units and two (2), 2-Bedroom/1-Bathroom townhouse style units in 12,138 square feet of living area on a 0.29-acre parcel. The Property has tremendous curb appeal with a brick exterior and an inviting central courtyard with brick walkways and meticulously maintained grounds. The opportunity exists to acquire a generational asset in one of the country's top real estate markets.
Last Listed By
John Pentore
Horvath & Tremblay Listed on: 11/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $40,971
Year Built
- Built in 1930
Lot Details
- 0.29 Acre Lot
- Garden
Home Design
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
Interior Spaces
- 999 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 20 Bedrooms
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $198
- Assessor Parcel Number 416105
Community Details
Overview
- 18 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Operating Expense $119,305
- Net Operating Income $353,183
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
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Summergold Llc | $6,348,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2022 03/21/22 | Sold | $10,580,000 | +5.8% | $10,591 / Sq Ft |
| 12/10/2021 12/10/21 | Pending | -- | -- | -- |
| 11/19/2021 11/19/21 | For Sale | $10,000,000 | -- | $10,010 / Sq Ft |
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 | -- | $0 | $0 | $0 |
| 2024 | -- | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Dennis Kelleher
Horvath & Tremblay
(781) 776-4002
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72921916
APN: CAMB M:00221 L:00077
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
- 20 Maynard Place
- 7 Gibson St Unit 7
- 15 Hubbard Park Rd
- 92 Foster St Unit 94
- 1010 Memorial Dr Unit 6G
- 172 Brattle St
- 57 Brewster St
- 11 Brown St
- 8 Traill St
- 15 Traill St
- 9 Wyman Rd
- 159 Mount Auburn St
- 33 Ash St Unit 33
- 55 Fayerweather St
- 54 Concord Ave Unit 203
- 988 Memorial Dr Unit 287
- 17 Berkeley St
- 58 Lexington Ave
- 18 Ash St
- 29 Concord Ave Unit 608
- 38 Gibson St Unit 6D
- 38 Gibson St Unit 6C
- 38 Gibson St Unit 6B
- 38 Gibson St Unit 6A
- 38 Gibson St Unit 5D
- 38 Gibson St Unit 5C
- 38 Gibson St Unit 5B
- 38 Gibson St Unit 5A
- 38 Gibson St Unit 3D
- 38 Gibson St Unit 3C
- 38 Gibson St Unit 3B
- 38 Gibson St Unit 3A
- 38 Gibson St Unit 2A
- 38 Gibson St Unit 1D
- 38 Gibson St Unit 1C
- 38 Gibson St Unit 1B
- 38 Gibson St Unit 1A
- 38 Gibson St Unit 4
- 4 Gibson Terrace
- 38 Gibson St