Active
33 Days on market
37-39 Homer #39-2 Cambridge — Photo 1 of 17

37-39 Homer #39-2 Cambridge — Photo 1 of 17

$989,000

Investment Analysis — 37-39 Homer #39-2

Cambridge, MA 02138 — Strawberry Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02138 carries an estimated $5,070/mo in gross rent — about a 3.79% cap rate and $37,461/yr in estimated NOI at the $989,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,400

Style

Condominium

Built

1887

Discover the ultimate blend of quiet residential privacy and urban convenience at 39 Homer Avenue. Tucked quietly below the street line in the peaceful Strawberry Hill/West Cambridge area, this beautifully updated 3-bedroom, 2-bathroom townhouse-style condo feels remarkably secluded. Thanks to its unique topography, the home is naturally buffered from the surrounding neighborhood, creating a private, quiet oasis that maximizes peace and comfort. Spanning 1,400+ square feet across two light-filled living levels, the open-concept layout features gleaming hardwood floors and an expansive living and dining area. This thoughtfully designed floor plan offers the perfect environment for modern living, remote work, and effortless entertaining. The floor plan flows effortlessly out to your own private outdoor retreat—an oversized deck overlooking a magnificent, mature Willow tree, perfect for quiet morning coffees and weekend dining. Modern amenities check every single box on your wish list: refreshing central air conditioning, an owner-managed pet-friendly association with a low monthly HOA Fee ($280), dedicated storage, and a coveted off-street parking space. The location offers a lifestyle of unparalleled ease. Enjoy a truly walkable urban experience with immediate, step-out-your-door access to the market for groceries as well as popular cafes and the scenic trails of Fresh Pond Reservation. 1 block to hop on Watertown-Cambridge Greenway bike trail! With Huron Village, Harvard Square, Shady Hill School & BB&N just minutes away, this is a rare opportunity to capture space, privacy, and convenience under $1M in Cambridge’s premier neighborhood! Seller has moved out; FAST CLOSING POSSIBLE. Photos have been virtually staged. FURNACE: 2015, ROOF: 2019, HOT WATER TANK: 2025

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$989,000
Annual Taxes$5,417
HOA Fee$280

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningBA1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 2Bedroom 3Bathroom 2
Second
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl Second

Flooring - Hardwood, Balcony / Deck, Open Floorplan, Recessed Lighting

Kitchen
Lvl Second

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan

Master Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Third
Bedroom 3
Lvl Third

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Third

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Susan Brunelli

Listing Office: Coldwell Banker Realty - Westwood

MLS® Number: 73560719