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104 Thorndike St #3 Cambridge — Photo 1 of 27

104 Thorndike St #3 Cambridge — Photo 1 of 27

$765,000

Investment Analysis — 104 Thorndike St #3

Cambridge, MA 02141

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02141 carries an estimated $3,800/mo in gross rent — about a 2.32% cap rate and $17,720/yr in estimated NOI at the $765,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,010

Style

Condominium

Built

1902

Top floor condo with two or three bedroom configurations possible, tall ceilings, and amazing light - this home will look and feel just right! Comfortably proportioned with tall ceilings and a large rear balcony with a view, an open concept kitchen, and modern finishes you won't lack for much. Conveniences unusual at this price point are two bathrooms and in unit laundry plus a low condo fee. The two other units in this newly converted condo building are both owner occupied and the street is quiet, with easy parking. With no wasted space there is a master bedroom with en suite bath and two other rooms with sufficient space to work as bedrooms, offices, or add meaningful flexible use space to your home. In addition, you can gather with friends and family at the intentionally landscaped patio and garden. Beyond all of this, though, you are connected to everything. Extremely pedestrian friendly, with tons of restaurants, activities and highly commutable from, this location is top-notch. Easy access to the Boston Garden, Union Sq, MGH/Beacon Hill, Kendall/MIT, Central/Inman Sq, MIT, the Charles River, public transit. Photos virtually staged.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$765,000
Annual Taxes$13,228
HOA Fee$309

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms6
FireplacesNone
FlooringHardwood, Engineered Hardwood
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle, Rubber
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Second
Kitchen
Lvl Second
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bathroom 1
Lvl Second
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Eric Raynor

Listing Office: Leading Edge Real Estate

MLS® Number: 73575988