Active
42 Days on market
1975 Massachusetts Ave #302 Cambridge — Photo 1 of 33

1975 Massachusetts Ave #302 Cambridge — Photo 1 of 33

Recent Drop: $9,000

$859,000
$850,000

$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.

View Standard Listing

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

Original Price$859,000
Annual Taxes$5,071
HOA Fee$388.05

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringTile, Stone / Slate, Engineered Hardwood
BasementN

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, Stone, Modular
Roof--
Foundation--
Zoning102

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Unknown
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl null

Balcony - Exterior, Recessed Lighting, Flooring - Engineered Hardwood

Kitchen
Lvl null

Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Flooring - Engineered Hardwood

Primary Bedroom
Lvl null

Closet, Lighting - Overhead, Flooring - Engineered Hardwood

Bathroom 1
Lvl null

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Recessed Lighting

Property History

Price Drop
$850,000

Was $859,000

Sep 10, 2026

MLS® 73562504

Listed
$859,000

Aug 12, 2026

MLS® 73562504

Listing Provided By

Listing Agent: Rachel Lura

Listing Office: Century 21 Cityside

MLS® Number: 73562504