Active
190 Days on market
975 Memorial Drive #211 Cambridge — Photo 1 of 27

975 Memorial Drive #211 Cambridge — Photo 1 of 27

Recent Drop: $300,000

$5,500,000
$5,200,000

$5,200,000

Investment Analysis — 975 Memorial Drive #211

Cambridge, MA 02138 — Harvard Square

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 -1.12% cap rate and $-58,314/yr in estimated NOI at the $5,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

3

SqFt

2,135

Style

Condominium

Built

1986

The Residences at the Charles is a luxury full-service building with easy access to the Harvard Kennedy School, JFK Memorial Park, Harvard Business school, as well as fine dining & shopping. Enjoy elegant common areas, curated gardens, and a premier vantage point for the Head of the Charles Regatta. This breathtaking home was fully remodeled by the respected design firm Kristin Paton Interiors. Upon entering, there is a 28' living room with sliding glass doors to the 26' private terrace overlooking Riverbend Park and the Charles River. The dining room opens to the chic kitchen with premium appliances, custom cabinetry, and walk-in pantry. Ascend the glass-enclosed floating staircase to the 26' family room with built-ins, a bar, and 2 sets of sliding glass doors to another 26' private terrace. A tranquil primary suite includes a dressing area. There's a 2nd bedroom suite on this floor. Residents enjoy peace of mind with 24/7 front desk support, a fire suppression system, and elevators.

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 MLS and other third-party data may be inaccurate or out of date.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$5,500,000
Annual Taxes$39,751
HOA Fee$4761.69

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms5
Fireplaces1
Flooring--
BasementN

Climate & Utilities

HeatingHeat Pump, Radiant
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Family RoomPrimary BedroomBedroom 2Bathroom 2Bathroom 3
Second
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Second
Dining Room
Lvl Second
Kitchen
Lvl Second
Family Room
Lvl Third
Primary Bedroom
Lvl Third
Bedroom 2
Lvl Third
Bathroom 1
Lvl Second
Bathroom 2
Lvl Third
Bathroom 3
Lvl Third

Property History

Price Drop
$5,200,000

Was $5,500,000

Jul 28, 2026

MLS® 73485344

Listed
$5,500,000

Mar 11, 2026

MLS® 73485344

Expired
$5,950,000

Feb 28, 2026

MLS® 73398522

Listed
$5,950,000

Jun 30, 2025

MLS® 73398522

Listing Provided By

Listing Agent: Gail Roberts, Ed Feijo & Team

Listing Office: Coldwell Banker Realty - Cambridge

MLS® Number: 73485344