8 Wright Street #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Listed by Real Broker MA, LLC | $1,695,000 | |
| Listed by Real Broker MA, LLC | |||
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This three bedroom and two full bathroom condominium, boasts approximately 2,000sf across two levels in Cambridge's Radcliffe neighborhood, on a quiet side street just steps off Massachusetts Avenue, with its restaurants, cafes, and bookshops. The property also sits in close proximity to Harvard Square, Davis Square, and Porter Square and its Red Line stop, commuter rail, and shopping center, and is right around the corner from restaurants, cafes, and bookshops on Massachusetts Ave. It's an enviable location. The second floor has a living room with plenty of natural light, a wood-burning fireplace, a library, a dining room with built-in hutch, two bedrooms, a fully renovated bathroom, and a kitchen refreshed in 2026 with stainless appliances, tile flooring, and added cabinetry. The third floor is a vaulted primary bedroom with skylights, treetop views, and a renovated en suite bathroom, which could also be used as an office or family room. Dormer was fully renovated in 2018, with new moldings and white oak floors. The 2nd floor deck was updated with composite and the 3rd floor deck was refreshed, including new Marvin doors. A 1-car garage plus tandem space parks two cars. Owned 6.9 kW solar array conveys with its 75% share. Porter Square and the Red Line are 0.3 miles away, Harvard Square 0.7 miles, Mass Ave shops and restaurants nearby.
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| Aug 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 23, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 11, 2026 | Price Decreased |
$1,790,000
↓ $80K
(4.3%) | |
| Price Decreased | |||
| Mar 15, 2026 | Listed by Stuart St James, Inc. | $1,870,000 | |
| Listed by Stuart St James, Inc. | |||
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Quiet peaceful side street just steps from Mass Ave restaurants and coffee shops. Walking distance to Harvard and Porter squares, public transit, schools, playgrounds, and more. This owner-occupied unit has been lovingly and thoughtfully updated over the last several years. 2nd floor living space includes living room with wood burning fireplace, small library, dining room with built-in hutch, kitchen, two bedrooms, and a newly renovated full bath. 3rd floor large open floor plan and full bath serves as master bedroom or office/family space. Windows and skylights give peaceful and sunny treetop views. 3rd floor vaulted dormer constructed in the 1990s and renovated in 2018 with new moldings, skylights, and white oak floor. 2nd and 3rd floor balconies provide peaceful spots for reading, morning coffee, and family dinner. 1-car garage and tandem space give off-street parking for 2 cars. Massive 6.9 kW solar array will offset or eliminate your electricity bill.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2026
|
3 Bed
|
2 Bath
|
2169 ft²
|
$1,870,000
3 Bed
2 Bath
2169 ft²
|
-
-
|
Darin Thompson
Stuart St James, Inc.
| |
|
05/27/2015
|
3 Bed
|
2 Bath
|
1848 ft²
|
$899,000
3 Bed
2 Bath
1848 ft²
|
$917,000
+2.00%
07/10/2015
|
Holly Almgren
Coldwell Banker Realty - Cambridge
| |
|
04/12/1996
|
3 Bed
|
2 Bath
|
1848 ft²
|
$378,500
3 Bed
2 Bath
1848 ft²
|
$378,500
07/01/1996
|
John Petrowsky
Hammond Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017