NOT LISTED FOR SALE

Estimated Value: $1,627,000 - $1,897,000

6 Beds
3 Baths
3,184 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,775,000 $557 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,116/month

13 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Living Room
  • Wood Flooring
  • Porch
  • 4-minute walk to Gold Star Mothers Park

About This Home

As of July 2024

Don't miss this opportunity for investors in the heart of East Cambridge, just moments from the innovation hub of Kendall Square. This charming 3-family property presents an ideal investment prospect, boasting a great location but also a rare two-car garage, a coveted asset in this bustling neighborhood. Each unit offers 2 bedrooms, modern kitchens and rear porches that add a dimension of appeal, providing outdoor retreat to unwind amidst the urban bustle. Convenience is key, with the nearby Green Line facilitating effortless commutes to downtown Boston and beyond. Kendall Square's vibrant ecosystem of tech giants, startups, and academic institutions promises a steady flow of potential tenants, making this property an attractive choice for investors seeking long-term returns. Whether you're a seasoned investor or exploring your first foray into real estate, this East Cambridge gem offers a rare blend of location, amenities, and potential that's not to be missed.

Last Agent to Sell the Property

Mark Lesses

Coldwell Banker Realty - Lexington Listed on: 04/24/2024

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Jesse Flynn

Conley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,456

Year Built

  • Built in 1873

Lot Details

  • 1,799 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,184 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Bulkhead
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 400939

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,456

Year Built

Built in 1873

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1873
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bulkhead
  • Living Area: 3184
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN0103

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 400939
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1799
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8456

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2004
Sold by
Divito James A
Bought by
James A Divito 1993 Ft and Divito
Current Estimated Value
$1,786,962
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
James A Divito 1993 Ft -- --
James A Divito 1993 Ft -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $1,775,000 -1.3% $557 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,799,000 -- $565 / Sq Ft
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 $8,938 $1,407,600 $598,500 $809,100
2024 $8,456 $1,428,300 $649,000 $779,300
2023 $7,744 $1,321,500 $619,600 $701,900
2022 $7,463 $1,260,600 $625,800 $634,800
2021 $7,169 $1,225,400 $614,100 $611,300
2020 $6,975 $1,213,100 $619,900 $593,200
2019 $6,849 $1,153,100 $608,000 $545,100
2018 $6,262 $995,600 $504,200 $491,400
2017 $5,953 $917,300 $450,800 $466,500
2016 $5,477 $783,600 $353,000 $430,600
2015 $5,300 $677,700 $302,500 $375,200
2014 $4,848 $578,500 $234,300 $344,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73228150

MLS Property Information Network (MLS PIN)

APN: CAMB-000034-000000-000031