391 Concord Ave #1 Cambridge — Photo 1 of 28
$899,999
Investment Analysis — 391 Concord Ave #1
Cambridge, MA 02138
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02138 carries an estimated $4,230/mo in gross rent — about a 3.82% cap rate and $34,353/yr in estimated NOI at the $899,999 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,058
Style
Condominium
Built
1920
Welcome to beautiful West Cambridge! This perfect sized 2-bedroom condo blends charm, comfort, and convenience in an unbeatable location. The expansive living area offers a flexible layout with beautiful hardwood floors, abundant natural light, recessed lighting, a smart thermostat, central A/C, and heating. The spacious bathroom features handcrafted tilework, a jetted tub, and excellent storage. The kitchen showcases vibrant Spanish tile floors, high-end appliances, and opens to a bright dining area with views of the peaceful, oasis-like shared backyard. Enjoy exclusive use of the front porch and back deck, plus in-unit laundry and ample private storage. Ideally located across from the new Tobin Montessori and Vassal Lane Upper Schools, near Callanan Playground, Tobin Field, Danehy Park, and Fresh Pond. Minutes to Harvard Square, Porter Square, Alewife, shopping, bike paths, the Charles River, and easy access to Boston. Move right in and enjoy the best of Cambridge living!
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 MLS and other third-party data may be inaccurate or out of date.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
Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Listing Agent: Elis Aguilarbecker
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73541520
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