$2,450,000
●
Condo -
Off Market
347 Broadway #2
Cambridge, MA 02139
3 Beds
5 Baths,
1
Half Bath
$13,730
Est. Monthly
$283
HOA / Fees
0.85%
Cap Rate
About This Property
Mid-Cambridge. 347 Broadway is more than just a home - it is a
launchpad for a true Cambridge experience! This location positions
you right in the middle of all of the gustatory and cultural
goodness in Inman, Central, Harvard, and Kendall Squares. Across
the street, enjoy award-winning coffee at Barismo or drop into a
midday meditation session at the super Zen and gorgeously designed
Peace House. Broadway Bicycle, a local institution since 1972, is
there when your fixie needs fixing. This newly renovated and
spacious 2,750+ SF townhome seamlessly blends living, dining, and
kitchen spaces, ideal for entertaining, and culinary enthusiasts
will love the kitchen's ample workspace and storage. With 3
bedrooms and 4.5 baths, including two primary suites, there's room
for everyone. The living space extends into the lower level w/ two
rooms, a full bath and storage. The expansive mahogany deck allows
for a serene outdoor retreat, and dedicated parking that's EV
charging ready seals the deal!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$1,416
HOA Dues
$283
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: 3 years ago (MLSPIN #73206279)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Gibson Sotheby's International Realty | $2,250,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
LAST UNIT LEFT! Mid-Cambridge. 347 Broadway is more than just a home - it is a launchpad for a true Cambridge experience! This location positions you right in the middle of all of the gustatory and cultural goodness in Inman, Central, Harvard, and Kendall Squares. Across the street, enjoy award-winning coffee at Barismo or drop into a midday meditation session at the gorgeously designed Peace House. Broadway Bicycle, a local institution since 1972, is there when your fixie needs fixing. This newly renovated and spacious 2,750+ SF townhome seamlessly blends living, dining, and kitchen spaces, ideal for entertaining, and culinary enthusiasts will love the kitchen’s workspaces and storage. With 3 bedrooms and 4.5 baths, including two primary suites, there's room for everyone. The living space extends into the lower level w/ two rooms, a full bath and storage. The expansive mahogany deck allows for a serene outdoor retreat, and dedicated parking that's EV charging ready seals the deal.
| |||
| Apr 10, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 28, 2024 | Listed by Gibson Sotheby's International Realty | $2,450,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Width: 15
Length: 15
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant
Area: 225
Level: Second
Area: 40
Width: 5
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled
Length: 8
Area: 84
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Remodeled
Length: 12
Level: Second
Width: 7
Level: Second
Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Width: 11
Length: 12
Area: 132
Area: 99
Length: 11
Level: Basement
Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting, Remodeled
Width: 9
Width: 12
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting, Remodeled
Length: 16
Level: First
Area: 192
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Width: 10
Length: 21
Area: 210
Level: Third
Length: 22
Level: First
Area: 286
Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Open Floorplan, Recessed Lighting, Remodeled
Width: 13
Length: 15
Level: Basement
Features: Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Width: 14
Area: 210
Width: 6
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled
Level: Third
Area: 60
Length: 10
Features: Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Level: Second
Length: 14
Width: 13
Area: 182
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Recessed Lighting, Bathroom - Half, Bathroom, Internet Available - Broadband, High Speed Internet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Hardwood, Flooring - Stone/Ceramic Tile
Laundry Features: Gas Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 8
Basement: Y
Parking Details
Parking Features: Off Street, Driveway, Paved
Exterior Details
Entry Level: 1
Property Condition: Remodeled
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 347 Broadway Condominium
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: C1
Parcel Number: 11497347, 5205323
Water Source: Public
Financial Details
Tax Map Number: 114
Tax Assessed Value: $2,796,000
Tax Annual Amount: $16,995
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $283
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
02/28/2024
|
3 Bed
|
5 Bath
|
-
|
$2,450,000
3 Bed
5 Bath
|
-
-
|
Lauren Holleran Team
Gibson Sotheby's International Realty
| |
|
04/09/2024
|
4 Bed
|
5 Bath
|
2836 ft²
|
$2,450,000
4 Bed
5 Bath
2836 ft²
|
$2,200,000
-10.20%
07/25/2024
|
Currier, Lane & Young
Compass
| |
|
04/14/2022
| |
10 Bed
|
3 Bath
|
7454 ft²
|
$3,250,000
10 Bed
3 Bath
7454 ft²
|
$2,850,000
-12.31%
08/09/2022
|
Matt Gorman
EDGE Realty Advisors
|
Building Info
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