
29 Wheeler St #310 Cambridge — Photo 1 of 21
$995,000
Investment Analysis — 29 Wheeler St #310
Cambridge, MA 02138 — Cambridge Highlands
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02138 carries an estimated $4,230/mo in gross rent — about a 2.67% cap rate and $26,608/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,038
Style
Condominium
Built
2007
Double height ceilings and a wall of glass to match make an immediate impression in this home's open living, kitchen, and dining space. The dining area brings in additional light through oversized windows, while the kitchen offers a breakfast bar, stainless steel appliances, gas cooking, and generous storage. Beyond the kitchen, a second bedroom offers flexibility as a guest suite, with enough room for a desk to double as a home office, plus its own double closet and direct access to a second full bathroom with a standing shower. Upstairs, the primary bedroom includes a double closet and direct access to a large private deck. A full bathroom with a tub and shower combo serves this level, along with a stackable washer and dryer tucked neatly into a hallway closet. Everyday errands become effortless here. Trader Joe's and CVS sit directly across the street, Whole Foods and Fresh Pond are just down the street, and the Alewife T station connects you to Davis and Porter Squares with ease, while the 74 and 78 bus routes add a link to Harvard Square. One deeded garage parking space, professional management, and beautifully manicured grounds round out this exceptional offering.
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21.083333333 x 10.333333333
Ceiling Fan(s), Closet, Flooring - Wood, Open Floorplan, Lighting - Sconce
Dining Room
Lvl Main,First10.75 x 11.25
Flooring - Wood, Open Floorplan, Recessed Lighting, Lighting - Overhead
Kitchen
Lvl Main,First7.75 x 11.25
Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Lighting - Overhead
Primary Bedroom
Lvl Second17.833333333 x 11.25
Flooring - Wood, Balcony - Exterior, Deck - Exterior, Exterior Access, Lighting - Overhead, Closet - Double
Bedroom 2
Lvl Main,First10.666666666 x 14.666666666
Bathroom 1
Lvl Main,First6.333333333 x 7.833333333
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 2
Lvl Second9.833333333 x 5.25
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Listing Agent: The Mazer Group
Listing Office: Compass
MLS® Number: 73580418