89 Third Street
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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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Engel & Volkers Boston | $2,975,000 | |
| Listed by Engel & Volkers Boston | |||
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Experience modern luxury in this fully renovated brick single family! Flooded with natural light, expansive interiors feature soaring ceilings, elegant crown molding, custom built-ins, and stunning white oak floors—perfect for both lounging and entertaining. The sophisticated kitchen boasts high-end Miele appliances, quartz countertops, and custom cabinetry, all opening onto an oversized deck ideal for cocktails or al fresco dining. Lower level offers a spacious family room with wet bar, walkout access to the rear patio, a fourth bedroom, full bath, ample storage, and radiant heated floors. Upstairs, you'll find two generous bedrooms, a sitting room, full bath, and laundry. The top floor reveals a serene private primary suite with spa-like bath, freestanding tub, and fantastic closets. Located in Kendall Square, enjoy effortless access to Cambridge & Boston’s top dining, shopping, MGH, Logan Airport, and major transit. Urban living at its finest! Garage rental parking.
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| Jan 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 20, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
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About East Cambridge
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$6,215 /mo
- 2 Beds
- 2 Baths
- 1,140 ft²
$3,595 /mo
- Studio
- 1 Bath
- 476 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017