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Closed

871 Cambridge St, Cambridge MA 02141

$1,600,000

Estimated $3,168.64/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $533,333.33

Total Rent: 70800/year

Estimated CAP Rate: 3.99%

6 Bedrooms

3 Full Baths

4,118 SqFt

Total Parking: 0

1,075 SqFt

Welcome to East Cambridge! Brick 3-family on a corner lot. Great opportunity for rental income or for owner to occupy one unit and rent out the rest! Unit 1 includes the finished basement with open plan living room and kitchen. This unit also includes 2 bedrooms, 1 full bathroom, and a bonus sitting room. Units 2 and 3 share similar floor plans with 2 bedrooms, dining room, living room, and full bath. Property is situated .5 mile from Union Square T station, close to Rte. 93 and Mass General Hospital. Enjoy the newly built Cambridge Public Library that is located directly across the street. Have the benefit of all activities near the Charles River, including boating, trails, and the numerous restaurants and shops of Inman, Harvard and Union squares.

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 4:21am (Source: MLS PIN #73052837)

Gross Income: $70,800

Gross Expenses: $6,891

Net Income Calc: $63,909

CAP Rate: 3.99%

Annual Expenses for 871 Cambridge St, Cambridge MA 02141

Total Gross Expenses (Calculated)$6,891/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,891

Annual Income & Unit Breakdown for 871 Cambridge St, Cambridge MA 02141

Total Gross Income (Calculated)$70,800

Unit 1

Rental Income$2,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$2,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 871 Cambridge St, Cambridge MA 02141

Listing ID73052837

Property TypeMulti Family / 3 Family

Price$1,600,000 ($388.54/SqFt)

Style3 Family - 3 Units Up/down

CityCambridge

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,118 SqFt

Approximate Lot Size (Acres)0.02 acres

Total Parking0

Garage Parking

Year Built1903

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningBA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 871 Cambridge St, Cambridge MA 02141

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure950 sq ft living area included in unit 1.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$70,800

Total Net Income By Broker$70,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25%%

Facilitator Compensation1%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 871 Cambridge St, Cambridge MA 02141

Real Estate Taxes$6,891

Tax Year2022

Assessed Value$1,164,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$70,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$70,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.99%

Location Information for 871 Cambridge St, Cambridge MA 02141

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Laundromat, Public Transportation, T-station, Pool, University

Contact Information for 871 Cambridge St, Cambridge MA 02141

Agent

Name: Robert Kraemer

Office

Name: Kadilak Realty Group, LLC

Phone: 781-365-1984

Team Members

Name: Patricia Delano

Phone: 781-491-5999

Payment Calculator

, Interest

Property Taxes 574.25

Principal & Interest 9858.69

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Kadilak Realty Group, LLC

Robert Kraemer

Agent Phone

Office Phone

(781) 365-1984

Text Agent Call Agent Call Office

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EXIT

Closed

871 Cambridge St, Cambridge MA 02141

$1,600,000

Annual Expenses for 871 Cambridge St, Cambridge MA 02141

Annual Income & Unit Breakdown for 871 Cambridge St, Cambridge MA 02141

General Information for 871 Cambridge St, Cambridge MA 02141

Disclosures for 871 Cambridge St, Cambridge MA 02141

Financial Information for 871 Cambridge St, Cambridge MA 02141

Location Information for 871 Cambridge St, Cambridge MA 02141

Contact Information for 871 Cambridge St, Cambridge MA 02141

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Exclusive Listing Agent

Kadilak Realty Group, LLC

Robert Kraemer