
37-39 Homer #39-2 Cambridge — Photo 1 of 17
$989,000
Investment Analysis — 37-39 Homer #39-2
Cambridge, MA 02138 — Strawberry Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02138 carries an estimated $5,070/mo in gross rent — about a 3.79% cap rate and $37,461/yr in estimated NOI at the $989,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,400
Style
Condominium
Built
1887
Discover the ultimate blend of quiet residential privacy and urban convenience at 39 Homer Avenue. Tucked quietly below the street line in the peaceful Strawberry Hill/West Cambridge area, this beautifully updated 3-bedroom, 2-bathroom townhouse-style condo feels remarkably secluded. Thanks to its unique topography, the home is naturally buffered from the surrounding neighborhood, creating a private, quiet oasis that maximizes peace and comfort. Spanning 1,400+ square feet across two light-filled living levels, the open-concept layout features gleaming hardwood floors and an expansive living and dining area. This thoughtfully designed floor plan offers the perfect environment for modern living, remote work, and effortless entertaining. The floor plan flows effortlessly out to your own private outdoor retreat—an oversized deck overlooking a magnificent, mature Willow tree, perfect for quiet morning coffees and weekend dining. Modern amenities check every single box on your wish list: refreshing central air conditioning, an owner-managed pet-friendly association with a low monthly HOA Fee ($280), dedicated storage, and a coveted off-street parking space. The location offers a lifestyle of unparalleled ease. Enjoy a truly walkable urban experience with immediate, step-out-your-door access to the market for groceries as well as popular cafes and the scenic trails of Fresh Pond Reservation. 1 block to hop on Watertown-Cambridge Greenway bike trail! With Huron Village, Harvard Square, Shady Hill School & BB&N just minutes away, this is a rare opportunity to capture space, privacy, and convenience under $1M in Cambridge’s premier neighborhood! Seller has moved out; FAST CLOSING POSSIBLE. Photos have been virtually staged. FURNACE: 2015, ROOF: 2019, HOT WATER TANK: 2025
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Hardwood, Balcony / Deck, Open Floorplan, Recessed Lighting
Kitchen
Lvl SecondFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl ThirdBedroom 3
Lvl ThirdCloset, Flooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl ThirdBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Susan Brunelli
Listing Office: Coldwell Banker Realty - Westwood
MLS® Number: 73560719
