76 Orchard Cambridge — Photo 1 of 40
$2,995,000
Investment Analysis — 76 Orchard
Cambridge, MA 02140 — Porter Square
Based on rent reported on the MLS listing, a 2-unit multi-family in 02140 carries $3,600/mo in gross rent — about a 0.71% cap rate and $21,120/yr in estimated NOI at the $2,995,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
3,441
Style
Multi Family
Built
1903
Developers and Buyers - Rarely does an opportunity of this caliber emerge on Orchard Street— previously named by The Boston Globe "Top Spots to Live: The Best Streets in Greater Boston." Miticulously maintained and perfectly positioned between the vibrant hubs of Davis and Porter Squares, this exceptionally maintained two-family home sits on a premier 5,100 SF lot, offering a sophisticated canvas for a high-end development project with significant profit potential. The existing structure encompasses 4,366 gross SF, but the true value lies in the expansive vision for the site. Developers have the unique chance to execute a full gut renovation of the front two-family to add approximately 4,000 SF, while simultaneously constructing an additional 8,000 SF (including basement) for new luxury condos. This brings the total projected gross saleable area to a staggering 12,000 SF. With a projected resale value of $1,200 per square foot, the gross resale potential for this project reaches $14.4M. This is a chance to define luxury living on one of the region's most prestigious streets.Asking Price: $2.995M. Alternatively it would make a wonderful home for an end user looking for an ideal A+ Cambridge location with significant rental income in either unit and an expansive yard to enjoy in a home that has been exceptionally maintained by its owners, Now is the time to secure your position on Orchard Street before the rest of the market catches on. Offers reviewed when received.
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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Listing Agent: Lance Greene
Listing Office: Compass
MLS® Number: 73574833
