P
Seller's Agent in 2014
Paul Raymond
Paul Raymond Brokerage LLC
2 Hingham St Cambridge, MA 02138
Riverside Neighborhood
20
Beds
16
Baths
8,160
Sq Ft
3,920
Sq Ft Lot
About This Home
As of June 2014Special Cambridge Multi-family investment opportunity. 8 units. Gross rents for leases signed 2013 $234,960. Gross rents for 2014 $247,200. Projected 2015 Gross rents $273,600. Gutted to the Studs in the mid 80s by leading architect. 4 attached townhouses. (4) 4-Bedrooms/2.5 baths/W/D in unit, 1500 sq units. (4) Basement Studio apartments with full kitchens, baths, and separate entrances. (4) separate meters for Gas and Electric. Highly sought after location for Harvard, MIT. Minutes from Harvard Square, Central Square, Harvard Business School (across the river). Established building w/ modern layout. Updated systems and roof. Hardwood floors. Units are rented through summer 2015. Most recent unit rented for $4200/month (April 2014). Long-term tenants in one unit has a 3500/monthly rent. Studios rent from $1350 starting 9/1/14. Open House Showings. (See Investment Prospectus.)
Last Agent to Sell the Property
Paul Raymond
Paul Raymond Brokerage LLC Listed on: 04/25/2014
Last Buyer's Agent
Kendin Carr
Kendin Carr
Property Details
Home Type
Multi-Family
Year Built
1920
Lot Details
3,920 Sq Ft Lot
Listing Details
- Lot Description: Corner
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 4
- Year Built: 1920
Interior Features
- Has Basement: Yes
- Number of Rooms: 7
- Amenities: Public School, University
- Flooring: Wood
- Basement: Finished
Exterior Features
- Frontage: 80.00
- Exterior: Shingles, Wood
- Exterior Features: Deck
- Foundation: Concrete Block
Garage/Parking
- Parking: On Street Permit
- Parking Spaces: 0
Utilities
- Utility Connections: for Gas Range
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2014 06/13/14 | Sold | $3,663,000 | +4.7% | $449 / Sq Ft |
| 05/14/2014 05/14/14 | Pending | -- | -- | -- |
| 04/25/2014 04/25/14 | For Sale | $3,499,000 | -- | $429 / 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 | $32,960 | $5,190,500 | $2,473,000 | $2,717,500 |
| 2024 | $31,449 | $5,312,400 | $2,528,200 | $2,784,200 |
| 2023 | $31,757 | $5,419,200 | $2,528,200 | $2,891,000 |
| 2022 | $28,936 | $4,887,800 | $2,362,600 | $2,525,200 |
| 2021 | $34,345 | $5,870,900 | $3,360,000 | $2,510,900 |
| 2020 | $31,258 | $5,436,200 | $3,276,000 | $2,160,200 |
| 2019 | $29,091 | $4,897,500 | $2,849,300 | $2,048,200 |
| 2018 | $27,646 | $4,395,300 | $2,478,000 | $1,917,300 |
| 2017 | $25,931 | $3,995,600 | $2,352,000 | $1,643,600 |
| 2016 | $24,942 | $3,568,200 | $1,797,600 | $1,770,600 |
| 2015 | $23,990 | $3,067,800 | $1,444,800 | $1,623,000 |
| 2014 | $14,502 | $1,730,600 | $896,000 | $834,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2014
Kendin Carr
Kendin Carr
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71671179
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.
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