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$545,000
● Condo - Off Market

21 Shepard #42

Cambridge, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
597 Ft²
$817,590
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Located a half block from Massachusetts Avenue, this beautiful tree-lined street is home to this very lovely top floor condo. Situated in the quiet Courtyard side of this elegant and well-managed building, this unit offers a location that is close to both Harvard and Porter Square, and steps to the shops and restaurants along the Avenue. It has a generous entry hall that doubles as a dining area or study, living room and bedroom, along with a charming kitchen and renovated bathroom. This building has a bike room, coin-op common laundry, and assigned storage.
Unit Size
597 Ft²
Days on Market
-
Land Size
-
Price per sqft
$963
Property Type
Condo
Property Taxes
$263
HOA Dues
$385
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72620636)

Price History

Date / Event Date Event Price
Apr 10, 2020 Sold
Premium
Sold
Feb 18, 2020 Listed by Historical Homes $575,000
Listed by Historical Homes

Property Highlights

Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Laundry Features: Common Area, In Building
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Entry Level: 4
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: 411788
Water Source: Public
Financial Details
Tax Assessed Value: $519,400
Tax Annual Amount: $3,160
Utilities Details
Utilities: for Gas Range
Cooling Type: None
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $385
Community Features: Public Transportation, Shopping, Public School, T-Station, University
Pets Allowed: No

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72620636
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