$4,250,000
●
House -
Off Market
31 Ash Street
Cambridge, MA 02138
4 Beds
4 Baths,
1
Half Bath
3,010 Ft²
$20,312
Est. Monthly
About This Property
"All of us here have reasons to be grateful," the owners said,
reflecting on their 25 years in Cambridge. Their story began with a
chance encounter at a local coffee shop when they learned 31 Ash
Street was available, and they had that inexplicable and enduring
feeling of being home when they walked through the door. They have
loved their neighborhood, with its strong sense of community,
connection to the Charles River, & access to Harvard Sq. They have
loved the light in the house that pours in from every direction,
the front entrance design, the privacy of their bedroom suite, the
flexibility of the other three suites & their secret garden. They
loved having a formal dining room for large gatherings & a casual
eat-in kitchen/family room for every day, and most importantly,
they are grateful for the 1999 renovation, which allowed them to
live comfortably & worry-free. As they retire, they are pleased
that someone else will now have the opportunity to love 31 Ash
Street as they have!
Unit Size
3,010 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$1,229
Property Type
House
Property Taxes
$2,144
HOA Dues
-
Year Built
1873
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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 #73219654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Gibson Sotheby's International Realty | $3,700,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
“All of us here have reasons to be grateful,” the owners said, reflecting on their 25 years in Cambridge. Their story began with a chance encounter at a local coffee shop when they learned 31 Ash Street was available, and they had that inexplicable and enduring feeling of being home when they walked through the door. They have loved their neighborhood, with its strong sense of community, connection to the Charles River, & access to Harvard Sq. They have loved the light in the house that pours in from every direction, the front entrance design, the privacy of their bedroom suite, the flexibility of the other three suites & their secret garden. They loved having a formal dining room for large gatherings & a casual eat-in kitchen/family room for every day, and most importantly, they are grateful for the 1999 renovation, which allowed them to live comfortably & worry-free. As they retire, they are pleased that someone else will now have the opportunity to love 31 Ash Street as they have!
| |||
| Aug 12, 1999 | Sold | ||
| Sold | |||
| Sep 1, 1998 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
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