387 Norfolk St Cambridge — Photo 1 of 38
Recent Drop: $109,910
$4,349,970
Investment Analysis — 387 Norfolk St
Cambridge, MA 02139 — Inman Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02139 carries an estimated $15,400/mo in gross rent — about a 3.00% cap rate and $130,449/yr in estimated NOI at the $4,349,970 list price. Adjust every assumption in the calculator below.
Beds
11
Baths
7
SqFt
5,315
Style
3 Family
Built
1916
Rare opportunity to own a fully renovated three-unit building in Inman Square, Cambridge, converted in 2026. Three thoughtfully designed condos, each with private rear decks, one dedicated parking space, full Bosch appliance suites, Kohler fixtures, quartz countertops, soft-close cabinetry and Pella double-hung tempered windows. Bathrooms throughout feature designer tile and bespoke vanities. Unit 1 is a generous bi-level with three bedrooms, three full baths and a finished lower level with recreational room, home office and extra-large laundry. Units 2 and 3 each offer three bedrooms, two full baths, a flexible fourth room perfect as a home office or guest suite and in-unit laundry. Unit 3 adds unobstructed Boston skyline views and a private entry vestibule. All-electric building with individual heat pump systems, separate utilities and composite decks throughout. Signature bay windows and oak hardwood floors in every unit. Convenient to dining, shopping and public transit.
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 MLS and other third-party data may be inaccurate or out of date.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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$4,349,970
Was $4,459,880
Jul 10, 2026
MLS® 73541573
$4,459,880
Jun 25, 2026
MLS® 73541573
$1,699,900
Jun 17, 2026
MLS® 73537512
$1,299,990
Jun 3, 2026
MLS® 73529823
Listing Agent: The Elle Group
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73541573
