1
Map
$360,000
●
Condo -
Off Market
2 Chestnut St #21
Cambridge, MA 02139
2 Beds
1 Bath
878 Ft²
$785,911
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model
About This Property
Great location near Memorial Drive & BU Bridge. Trader Joe's, Hyatt
Regency, BU Boathouse. EZ Access to Pike. Second floor of 1989
concrete & steel elevator building. Garage under parking space.
Brick exterior. Balcony overlooks garden courtyard. Convenient to
Green Line at BU, Red Line Central Square. MIT is very close. On
site super M-F 8-4. Central air, Washer/dryer in unit. Only 4 units
on this floor. Google maps.
Unit Size
878 Ft²
Days on Market
-
Land Size
-
Price per sqft
$432
Property Type
Condo
Property Taxes
$85
HOA Dues
$376
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (MLSPIN #71224271)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2011 | Sold | ||
| Sold | |||
| Apr 29, 2011 | Listed by EXIT Real Estate Executives | $379,000 | |
| Listed by EXIT Real Estate Executives | |||
| | |||
|
Great location near Memorial Drive & BU Bridge. Trader Joe's, Hyatt Regency, BU Boathouse. EZ Access to Pike. Second floor of 1989 concrete & steel elevator building. Garage under parking space. Brick exterior. Balcony overlooks garden courtyard. Convenient to Green Line at BU, Red Line Central Square. MIT is very close. On site super M-F 8-4. Central air, Washer/dryer in unit. Only 4 units on this floor. Google maps.
| |||
| Oct 22, 2003 | Sold | ||
| Sold | |||
| Jul 22, 2003 | Listed by Harvard Real Estate | $335,000 | |
| Listed by Harvard Real Estate | |||
| | |||
|
SUNNY CORNER UNIT IN PROF. MANAGED MODERN CONDO COMPLEX. NEAR CHARLES RIVER, MIT, BU, & SHOPPING. ON SITE SUPER, FRESH PAINT, NEWER APPLIANCES. UNDERGROUND GARAGE, CALL FOR LOCKBOX INFO.
| |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Deeded, Under
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, Flooring - Stone/Ceramic Tile, Second Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 878
Security Features: Intercom, TV Monitor
Year Built Source: Public Records
Year Built: 1989
Building Name: Cambridgeport Commons
Building Area Total: 878
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Stone
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $321,400
Tax Annual Amount: $1,021
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Heat Pump, Electric, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Elevator(s), Storage, Garden Area
HOA Fee: $376
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2024
|
2 Bed
|
2 Bath
|
959 ft²
|
$769,000
2 Bed
2 Bath
959 ft²
|
$870,000
+13.13%
10/01/2024
|
Adam Shulman
RE/MAX Destiny
| |
|
07/11/2023
|
2 Bed
|
2 Bath
|
-
|
$838,000
2 Bed
2 Bath
|
-
-
|
Max Dublin Team
Gibson Sotheby's International Realty
| |
|
06/22/2022
|
1 Bed
|
1 Bath
|
803 ft²
|
$639,900
1 Bed
1 Bath
803 ft²
|
$605,000
-5.45%
10/21/2022
|
Irene Ho
Move2Boston Group, LLC
| |
|
06/30/2020
|
1 Bed
|
1 Bath
|
822 ft²
|
$630,000
1 Bed
1 Bath
822 ft²
|
$620,000
-1.59%
08/31/2020
|
Manish Patwari
StartPoint Realty
| |
|
11/06/2020
|
1 Bed
|
1 Bath
|
803 ft²
|
$625,000
1 Bed
1 Bath
803 ft²
|
$610,000
-2.40%
08/11/2021
|
Carole Talley
Charlesbank Real Estate
| |
|
02/14/2020
|
2 Bed
|
2 Bath
|
1067 ft²
|
$799,000
2 Bed
2 Bath
1067 ft²
|
$780,000
-2.38%
04/17/2020
|
Jeffrey Sirkis
Charlesgate Realty Group, llc
| |
|
08/12/2019
|
2 Bed
|
2 Bath
|
1067 ft²
|
$799,900
2 Bed
2 Bath
1067 ft²
|
$780,000
-2.49%
12/06/2019
|
Jason Zhang
Compass
| |
|
06/14/2016
|
1 Bed
|
1 Bath
|
803 ft²
|
$499,000
1 Bed
1 Bath
803 ft²
|
$520,000
+4.21%
08/01/2016
|
Irene Ho
Move2Boston Group, LLC
| |
|
06/27/2014
|
2 Bed
|
2 Bath
|
959 ft²
|
$499,000
2 Bed
2 Bath
959 ft²
|
$525,000
+5.21%
08/01/2014
|
Carole Talley
Charlesbank Real Estate
| |
|
07/09/2013
|
2 Bed
|
2 Bath
|
1067 ft²
|
$499,000
2 Bed
2 Bath
1067 ft²
|
$550,000
+10.22%
09/25/2013
|
Henry Amar
Bushari Group Real Estate
| |
|
03/06/2013
|
1 Bed
|
1 Bath
|
822 ft²
|
$389,000
1 Bed
1 Bath
822 ft²
|
$387,000
-0.51%
07/01/2013
|
Mohammad Khan
Bostex Realty
| |
|
04/29/2011
|
2 Bed
|
1 Bath
|
878 ft²
|
$379,000
2 Bed
1 Bath
878 ft²
|
$360,000
-5.01%
08/30/2011
|
Don Hoffses
Sterling Lion, LLC
| |
|
07/24/2010
|
1 Bed
|
1 Bath
|
822 ft²
|
$359,000
1 Bed
1 Bath
822 ft²
|
$345,000
-3.90%
10/01/2010
|
Carole Talley
Charlesbank Real Estate
| |
|
06/18/2010
|
2 Bed
|
2 Bath
|
1067 ft²
|
$439,000
2 Bed
2 Bath
1067 ft²
|
$425,000
-3.19%
10/21/2010
|
Debbie Chan
CENTURY 21 Garden City Homes, Inc.
| |
|
06/04/2010
|
1 Bed
|
1 Bath
|
803 ft²
|
$325,000
1 Bed
1 Bath
803 ft²
|
-
-
|
Carole Talley
Charlesbank Real Estate
| |
|
07/11/2009
|
2 Bed
|
2 Bath
|
1067 ft²
|
$400,000
2 Bed
2 Bath
1067 ft²
|
$405,000
+1.25%
08/17/2009
|
Kimberly Walsh
Options 153, Mullen & Partners
| |
|
03/26/2008
|
2 Bed
|
2 Bath
|
959 ft²
|
$395,000
2 Bed
2 Bath
959 ft²
|
$385,000
-2.53%
06/30/2008
|
Ted Siegan
Coldwell Banker Realty - Arlington
| |
|
04/09/2004
|
2 Bed
|
2 Bath
|
959 ft²
|
$389,000
2 Bed
2 Bath
959 ft²
|
$385,000
-1.03%
07/01/2004
|
Carole Talley
Charlesbank Real Estate
| |
|
11/23/2003
|
2 Bed
|
2 Bath
|
1041 ft²
|
$355,000
2 Bed
2 Bath
1041 ft²
|
$355,000
12/31/2003
|
Henry Amar
Bushari Group Real Estate
| |
|
07/22/2003
|
2 Bed
|
1 Bath
|
878 ft²
|
$335,000
2 Bed
1 Bath
878 ft²
|
$329,500
-1.64%
10/22/2003
|
Geoffrey Wells
Harvard Real Estate
| |
|
07/27/2002
|
2 Bed
|
2 Bath
|
980 ft²
|
$345,000
2 Bed
2 Bath
980 ft²
|
$340,000
-1.45%
11/13/2002
|
Carole Talley
Charlesbank Real Estate
| |
|
05/24/2002
|
1 Bed
|
1 Bath
|
822 ft²
|
$309,000
1 Bed
1 Bath
822 ft²
|
$300,000
-2.91%
07/31/2002
|
Carole Talley
Charlesbank Real Estate
| |
|
05/24/2002
|
2 Bed
|
2 Bath
|
1067 ft²
|
$345,000
2 Bed
2 Bath
1067 ft²
|
$353,000
+2.32%
07/30/2002
|
Carole Talley
Charlesbank Real Estate
| |
|
10/15/1999
|
1 Bed
|
1 Bath
|
822 ft²
|
$220,000
1 Bed
1 Bath
822 ft²
|
$200,000
-9.09%
02/01/2000
|
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
| |
|
09/11/1998
|
2 Bed
|
1 Bath
|
880 ft²
|
$183,250
2 Bed
1 Bath
880 ft²
|
$181,000
-1.23%
10/30/1998
|
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
|
Building Info
About Cambridgeport
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