
339 Concord #339 Cambridge — Photo 1 of 37
$2,198,000
Investment Analysis — 339 Concord #339
Cambridge, MA 02138 — Neighborhood 9
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02138 carries an estimated $5,600/mo in gross rent — about a 1.74% cap rate and $38,318/yr in estimated NOI at the $2,198,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,148
Style
Condominium
Built
1982
Stunning modern design and airy open-concept living shine in this exceptional 4-bed, 3-bath condo at the corner of Fayerweather and Concord. Gut renovated to the studs in 2022, 339 Concord Ave pairs clean architectural lines with practical urban living, offering a spacious primary suite, central AC, off-street parking, and verdant outdoor space. Entering from Fayerweather Street, a beautiful tiled mudroom is thoughtfully designed with a bench and built-in closet for everyday storage. On the main floor, a smart open layout connects gracious kitchen, dining and living areas, anchored by custom built-in bookshelves—perfect for entertaining or cozy nights at home. Oversized windows and skylights fill this space with natural light, framing peaceful treetop views. The bespoke kitchen features Thermador appliances, shaker cabinets, a large quartz island with waterfall counters and generous seating, plus a dedicated pantry. The main level also hosts the primary suite with walk-in closet, a versatile guest room, and a guest bath. Upstairs, two additional bedrooms, a full bath, laundry, a large storage closet and a private deck with neighborhood views await. The private backyard features a fenced yard, a large patio, and a first-floor deck for outdoor entertaining. Off-street parking, complete with an EV charger, is at the rear of the property. Ideally located near Huron Village cafes, parks, shopping, and public transit, 339 Concord Ave offers an ideal balance of modern luxury and Cambridge convenience.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondDining Room
Lvl SecondKitchen
Lvl SecondPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl ThirdBedroom 4
Lvl ThirdBathroom 1
Lvl SecondBathroom 2
Lvl SecondBathroom 3
Lvl ThirdListing Agent: Lewis Carroll Team
Listing Office: Compass
MLS® Number: 73580517