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3 Union Terrace #3 Cambridge — Photo 1 of 36

3 Union Terrace #3 Cambridge — Photo 1 of 36

$950,000

Investment Analysis — 3 Union Terrace #3

Cambridge, MA 02141 — Kendall Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02141 carries an estimated $3,800/mo in gross rent — about a 2.54% cap rate and $24,174/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

2

SqFt

1,304

Style

Condominium

Built

1900

Nestled on a leafy private street between Inman Sq and the Port, 3 Union Terrace offers full residential privacy and city living convenience. Providing two levels of thoughtfully designed living space with additional semi finished basement for storage and roof deck for extended outdoor living. The main level serves as the heart of the home, featuring large windows, gleaming hardwood floors throughout effortlessly connecting the living/dining area to the large kitchen. This level is finished with an efficient full bath, a bonus room that is perfect for an office, and a spacious pantry! Retreat to the upper floors to find spacious, bright bedrooms, including a serene primary suite. The versatile floor plan offers plenty of room for a dedicated home office or a creative studio, catering to the needs of a modern lifestyle. Positioned moments away from the innovative hubs of Kendall Square and the vibrant dining scene of Inman Square. Offers, if any, are due on Tuesday 9/15 at 10am.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$950,000
Annual Taxes$4,781.9
HOA Fee$475

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringHardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • House of Worship

Geography

Listing Provided By

Listing Agent: Monalisa Team

Listing Office: Compass

MLS® Number: 73573630