245 Cambridge Street #302 Burlington — Photo 1 of 32
$735,000
Investment Analysis — 245 Cambridge Street #302
Burlington, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01803 carries an estimated $3,460/mo in gross rent — about a 2.64% cap rate and $19,440/yr in estimated NOI at the $735,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,337
Style
Condominium
Built
2014
Penthouse living at Burlington Heights! This beautifully updated end-unit condo offers 2 bedrooms, 2 full baths, and a spacious layout filled with natural light. The kitchen has been refreshed with quartz countertops, a tiled backsplash, updated fixtures and lighting, while newer engineered wood flooring flows through the kitchen, hallway, and living room. The generous living area features a gas fireplace, crown molding, and plenty of space for both everyday living and entertaining. A slider leads to a charming balcony - just the right spot for morning coffee, fresh air, or a collection of favorite plants. The primary suite is especially inviting, with wonderful morning sunlight, a walk-in closet featuring custom organization, and a private bath with quartz countertops and an updated glass shower door. A second bedroom and full bath provide comfortable space for guests, a home office, or both. Thoughtful updates and custom storage can be found throughout, making this unit truly move-in ready. Heated garage parking and elevator access add everyday convenience, all in a fantastic Burlington location close to shopping, dining, major highways, and area amenities, with an MBTA bus stop right outside the building!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third17.416666666 x 26
Balcony - Exterior, Open Floorplan, Recessed Lighting, Crown Molding, Flooring - Engineered Hardwood
Dining Room
Lvl ThirdFlooring - Engineered Hardwood
Kitchen
Lvl Third8.666666666 x 10.583333333
Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Pendant, Flooring - Engineered Hardwood
Primary Bedroom
Lvl Third10.75 x 17.416666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 2
Lvl Third11.583333333 x 17.75
Bathroom 1
Lvl Third5.25 x 9.583333333
Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Third8.666666666 x 10.666666666
Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Emily Medwar
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73580768