392 Norfolk St #2 Cambridge — Photo 1 of 12
$589,900
Investment Analysis — 392 Norfolk St #2
Cambridge, MA 02139 — Inman Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02139 carries an estimated $4,000/mo in gross rent — about a 5.13% cap rate and $30,259/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
612
Style
Condominium
Built
1898
A 2-bedroom condo with hardwood and wide pine floors right between Inman Sq and Union Sq MBTA green line, priced UNDER $600,000! This 2nd floor unit offers an open layout, laundry in the building, and soaring ceilings. Just steps from the many hotspots like Clover Food Lab, Brooklyn Bagel Factory, and Life Alive Organic Cafe with a WalkScore of 97 and a perfect BikeScore of 100! Plus you're just 2 miles from North Station, 1 mile from MIT, and 0.9 miles from Harvard Sq. Start gaining equity today by putting down roots in this amazing neighborhood where you'll own for the price of rent!
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 MLS and other third-party data may be inaccurate or out of date.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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Public Transportation • Park • Bike Path • University
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Listing Agent: Charles Ball
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73578659