29-31 Washburn Ave #1B Cambridge — Photo 1 of 18
$295,000
Investment Analysis — 29-31 Washburn Ave #1B
Cambridge, MA 02140
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02140 carries an estimated $3,650/mo in gross rent — about a 10.05% cap rate and $29,639/yr in estimated NOI at the $295,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
776
Style
Condominium
Built
1916
Investor/Fixer-Upper Opportunity. This below-grade Cambridge condo is ready for its next chapter. A true fixer upper in need of TLC and renovation throughout. With 776 sq. ft. of space, it offers a value-add opportunity for an investor or buyer looking to take on a project and make it their own. Conveniently located near Davis Square, Alewife, Porter Square, nearby bike paths and public transportation, with easy access to Mass Ave and Route 2. This is an estate sale; seller has never occupied. Property sold as-is. Bring your vision and your tool belt. No off-street parking. Entrance is on the side of the building. Buyer and buyer’s agent to perform their own due diligence regarding property condition and intended use. Cash offers only.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path
Geography
Property History
$295,000
Sep 22, 2026
MLS® 73580786
$379,000
Jul 21, 2026
MLS® 73514879
$379,000
May 7, 2026
MLS® 73514879
Listing Agent: Melissa Darling
Listing Office: Real Broker MA, LLC
MLS® Number: 73580786