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200-202 Banks St, Cambridge MA 02138

$2,495,000

Estimated $4,950/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,247,500

Total Rent: 92400/year

Estimated CAP Rate:

4 Bedrooms

Baths

2427

Total Parking: 3

3,625 (0.08)

This one has it all! Location, location, Location! Spacious updated two family home with backyard and expansive private driveway to complete the package! This beauty is centrally located in Cambridge just steps away from Harvard University, the Charles River and a short walk to Harvard Square. Each unit features two bedrooms and two full bathrooms, both boasting hardwood floors throughout, updated kitchen appliances and granite counter tops. Many recent updates- Roof (2018) newly landscaped yard with sprinkler system, Unit 200- paint and floors (2017), refrigerator (2022). Unit 202-paint and floors (2019), gas stove (2022), tankless water heater (2014). The property has a walk score of 95 and a bike score of 99! Both units tenanted through August 2023. Truly a turn key property!

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 12:41am (Source: MLS PIN #73069450)

Gross Income: $92,400

Gross Expenses: $15,857

Net Income Calc: $76,543

Water Views

Annual Expenses for 200-202 Banks St, Cambridge MA 02138

Total Gross Expenses (Calculated)$15,857/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10857

Annual Income & Unit Breakdown for 200-202 Banks St, Cambridge MA 02138

Total Gross Income (Calculated)$92,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit3

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit3

Rent IncludesHeat

General Information for 200-202 Banks St, Cambridge MA 02138

Listing ID73069450

Property TypeMulti Family / 2 Family

Price2495000 ($1028.02/SqFt)

Style2 Family - 2 Units Side By Side

CityCambridge

CountyMiddlesex

MLS AreaRiverside

Neighborhood(s)

Approximate Living Area Total2427

Approximate Lot Size (Acres)0.08

Total Parking3

Garage Parking0

Year Built1870

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningC-1

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 200-202 Banks St, Cambridge MA 02138

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsAll Personal Property.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 200-202 Banks St, Cambridge MA 02138

Real Estate Taxes10857

Tax Year2022

Assessed Value$1,834,000

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 200-202 Banks St, Cambridge MA 02138

Neighborhood(s)

MLS AreaRiverside

Area AmenitiesWalk/jog Trails

Contact Information for 200-202 Banks St, Cambridge MA 02138

Agent

Name: Jyothi Kalra

Office

Name: Urban Circle Realty

Phone: 617-903-0371

Payment Calculator

, Interest

Property Taxes 904.75

Principal & Interest 15373.4

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Urban Circle Realty

Jyothi Kalra

Agent Phone

Office Phone

(617) 903-0371

Text Agent Call Agent Call Office

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    [unparsed] => 200-202 Banks St, Cambridge MA 02138
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EXIT

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