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Closed

204-206 Lakeview, Cambridge MA 02138

$2,565,000

Estimated $4,949.66/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,282,500

Total Rent: 0/year

Estimated CAP Rate: -0.37%

5 Bedrooms

3 Full Baths

3,316 SqFt

Total Parking: 2

7,374 SqFt

A classic West Cambridge two-family, 204-206 Lakeview Avenue is that rare property, completely and meticulously renovated by its long-term owners for their own use, built to last and with quality throughout. Pella Architect Series windows, fireplaces in both units, a custom-designed stair tower finished in oak, and a spic-and-span basement with excellent systems help set this property apart. The upper two floors, completely rebuilt in 1998, make a beautiful home, with three bedrooms, two luxurious full bathrooms, custom cherry cabinetry, Runtal radiators, beautiful light throughout, and a delightful open plan kitchen-family-dining room. The first floor— with two bedrooms, an updated kitchen and bath, and private deck— has provided solid rental income. Both units overlook the magnificent back yard, fully planted with native species and a haven for birds. Fresh Pond and the shops and restaurants of Huron Village are a block away, and Whole Foods and the Alewife T station are close by.

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 9:01am (Source: MLS PIN #73109609)

Gross Income: $0

Gross Expenses: $9,486

Net Income Calc: $9,486

CAP Rate: -0.37%

Annual Expenses for 204-206 Lakeview, Cambridge MA 02138

Total Gross Expenses (Calculated)$9,486/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,486.25

Annual Income & Unit Breakdown for 204-206 Lakeview, Cambridge MA 02138

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 204-206 Lakeview, Cambridge MA 02138

Listing ID73109609

Property TypeMulti Family / 2 Family

Price$2,565,000 ($773.52/SqFt)

Style2 Family - 2 Units Up/down

CityCambridge

CountyMiddlesex

MLS AreaWest Cambridge

Neighborhood(s)

Approximate Living Area Total3,316 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking2

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock,Stone

Accessible Features

Outdoor Space

ZoningB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 204-206 Lakeview, Cambridge MA 02138

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureCity cites 3024 sq. ft.

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 204-206 Lakeview, Cambridge MA 02138

Real Estate Taxes$9,486.25

Tax Year2023

Assessed Value$2,045,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.37%

Location Information for 204-206 Lakeview, Cambridge MA 02138

Elementary School

Middle School

High SchoolCrls

Neighborhood(s)

MLS AreaWest Cambridge

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Golf, Park, Bike Path, Public Transportation, T-station, Private School, University

Contact Information for 204-206 Lakeview, Cambridge MA 02138

Agent

Name: Bigelow/Irving

Office

Name: Compass

Phone: 617-303-0067

Payment Calculator

, Interest

Property Taxes 790.52

Principal & Interest 15804.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Bigelow/Irving

Agent Phone

Office Phone

(617) 303-0067

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[uffi] => Array
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)

EXIT