348 Franklin St #3A Cambridge — Photo 1 of 22
$710,000
Investment Analysis — 348 Franklin St #3A
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 3.69% cap rate and $26,227/yr in estimated NOI at the $710,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
747
Style
Condominium
Built
1962
Just minutes from Central Square, this light-filled third floor condo features two bedrooms, one bathroom, and an open concept floor plan with an abundance of windows. The kitchen shines with granite counters and stainless steel appliances. Both bedrooms accommodate queen size beds and in the bathroom you’ll find a tiled shower and tub combo. Hardwood floors, two built-in wall air conditioners, and plenty of closet space. One assigned parking spot in the fenced in parking lot, a small storage unit, and common laundry complete this full package. This professionally managed building is also conveniently located near Harvard Square, MIT, and the Charles River. Easy access to Central Station (0.2 miles), Storrow Drive, Memorial Drive, and all major highways!
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Freezer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Highway Access • Public School • T-Station
Geography
Listing Agent: Zack Harwood Real Estate Group
Listing Office: Berkshire Hathaway HomeServices Warren Residential
MLS® Number: 73573794
