Active
2 Days on market
328 Prospect Street #C Cambridge — Photo 1 of 19

328 Prospect Street #C Cambridge — Photo 1 of 19

$640,000

Investment Analysis — 328 Prospect Street #C

Cambridge, MA 02139

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02139 carries an estimated $4,000/mo in gross rent — about a 4.53% cap rate and $29,023/yr in estimated NOI at the $640,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

1

SqFt

740

Style

Condominium

Built

1873

Not an ounce of wasted space in this top floor 2 bedroom condo, in a spectacular Inman Square Locale. On the 3rd floor of a Mansard Victorian home, you are flooded with natural light, thanks to multiple skylights, and tall windows on 3 corners of exposure. Fully equipped kitchen is open to your living space, allowing a seamless flow to cook and entertain. Both bedrooms are of generous size, and can accommodate desks along with your bedding. Largest bedroom even offers a spacious walk-in closet. In-unit laundry and basement storage compliments the offering. Inman Square offers a community with multiple ways to get around; MBTA Red-line, buses, bikes, or a close proximity to all the shops and restaurants you’ve been hearing all about. Come see what Inman Square is all about!

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 MLS and other third-party data may be inaccurate or out of date.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.

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Property Details

Financials

Original Price$640,000
Annual Taxes$4,457
HOA Fee$250

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoning102

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Listing Provided By

Listing Agent: Cole Harris

Listing Office: The Agency Boston

MLS® Number: 73581363