1
Map
$520,000
●
Condo -
Off Market
7 Wright Street #3
Cambridge, MA 02138
3 Beds
1 Bath,
1
Half Bath
1,104 Ft²
$952,568
RealtyHop Estimate
81.61%
Since Feb 1, 2006
MA-Boston
Primary Model
About This Property
Wonderfully sunny floor-thru unit tucked away on residential side
street. Handsomely renovated incorporating contemporary taste with
antique elements. Oak floors throughout. California closets. Open
living/ dining room with column accents, fireplace with marble
surround, and two bay windows. Rear porch with lovely views of
surrounding neighborhood. In-unit washer/ dryer. Private basement
storage. Rental parking nearby for $110 per month.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
-
Price per sqft
$475
Property Type
Condo
Property Taxes
$171
HOA Dues
$403
Year Built
-
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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: 4 months ago (MLSPIN #70282250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 12, 2006 | Sold | ||
| Sold | |||
| Oct 21, 2005 | Listed by Compass | $524,500 | |
| Listed by Compass | |||
| | |||
|
Wonderfully sunny floor-thru unit tucked away on residential side street. Handsomely renovated incorporating contemporary taste with antique elements. Oak floors throughout. California closets. Open living/ dining room with column accents, fireplace with marble surround, and two bay windows. Rear porch with lovely views of surrounding neighborhood. In-unit washer/ dryer. Private basement storage. Rental parking nearby for $110 per month.
| |||
| Aug 22, 1996 | Sold | ||
| Sold | |||
| May 3, 1996 | Listed | $278,000 | |
| Listed | |||
| | |||
|
SPACIUS & ELEGANT ARCHITECT DESIGNED CONDO NEAR RAD- CLIFFE. MARBLE FIREPLACE,LOTS OF LIGHT,PRIVATE PORCH, BAY WINDOWS, COLUMNS, MODERN KITCHEN, WALK TO HARVARD, QUIET SIDE STREET ALL NEW SYSTEMS IN 1986,INEXPENSIVE RENTAL PARKING. SELLER
| |||
Property Highlights
Parking Available
Fireplace
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood
Laundry Features: First Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 1104
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1916
Building Area Total: 1104
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $471,900
Tax Annual Amount: $2,050
Utilities Details
Cooling Type: None
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure
HOA/Condo/Coop Amenities: Storage
HOA Fee: $403
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 |
|---|---|---|---|---|---|---|---|
|
01/27/2006
|
3 Bed
|
2 Bath
|
1683 ft²
|
$685,000
3 Bed
2 Bath
1683 ft²
|
$677,250
-1.13%
04/14/2006
|
John Petrowsky
Hammond Real Estate
| |
|
10/21/2005
|
3 Bed
|
2 Bath
|
1104 ft²
|
$524,500
3 Bed
2 Bath
1104 ft²
|
$520,000
-0.86%
01/12/2006
|
John Petrowsky
Hammond Real Estate
| |
|
05/03/1996
|
3 Bed
|
2 Bath
|
1104 ft²
|
$278,000
3 Bed
2 Bath
1104 ft²
|
$280,000
+0.72%
08/22/1996
|
John Petrowsky
Hammond Real Estate
|
Building Info
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