
1975 Massachusetts Ave #302 Cambridge — Photo 1 of 33
Recent Drop: $9,000
$850,000
Investment Analysis — 1975 Massachusetts Ave #302
Cambridge, MA 02140 — Porter Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02140 carries an estimated $3,070/mo in gross rent — about a 2.15% cap rate and $18,271/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
686
Style
Condominium
Built
2015
Location is everything, and this rarely available one-bedroom at The Rand puts the best of Cambridge and Somerville within easy reach. Located in the heart of Porter Square, with Davis Square nearby, the home is surrounded by cafés, restaurants, shops, grocery stores, fitness studios, and everyday conveniences. With the Red Line, Fitchburg Commuter Rail, multiple bus routes, and nearby bike paths, commuting is effortless, while Harvard, Tufts, Lesley, MIT, Alewife, and area hospitals are all easily accessible. Inside, oversized windows and a Juliet balcony fill the open living space with natural light. The spacious kitchen features JennAir appliances, gas cooking, quartz countertops, custom cabinetry, and a large peninsula ideal for dining and entertaining. The generous bedroom includes a charming nook perfect for a home office, reading corner, or quiet retreat. Additional highlights include central A/C, a Nest thermostat, a brand-new full-size Whirlpool washer and dryer, and a same-floor trash room. Covered garage parking with direct building access adds everyday convenience. The Rand is a quiet, well-managed elevator building with a responsive professional management team, expansive common deck, and bike storage.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullBalcony - Exterior, Recessed Lighting, Flooring - Engineered Hardwood
Kitchen
Lvl nullCountertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Flooring - Engineered Hardwood
Primary Bedroom
Lvl nullCloset, Lighting - Overhead, Flooring - Engineered Hardwood
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Recessed Lighting
Property History
$850,000
Was $859,000
Sep 10, 2026
MLS® 73562504
$859,000
Aug 12, 2026
MLS® 73562504
Listing Agent: Rachel Lura
Listing Office: Century 21 Cityside
MLS® Number: 73562504
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