
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Lvl SecondListing Agent: Eric Raynor
Listing Office: Leading Edge Real Estate
MLS® Number: 73575988
