332 Franklin St Unit 501 # 501, Cambridge MA 02139

Cambridge, MA 02139

$900,000

$839,000

Est. $5,580/month

2

Beds

2

Baths

1,083

Sq Ft

$775

Price/Sq Ft

0.11

Acres

1999

Year Built

1

Garage Space

Condominium

Type

41

Days on Market

For Sale Price Drop -$61,000 Open House Listed Jul 18, 2026 • MLS# 73547607 Copied! • Updated Aug 22, 2026

Track this home for price, status, and open-house alerts.

Open House Schedule

29

Aug

Saturday, August 29

4:00 PM - 5:30 PM EDT

30

Aug

Sunday, August 30

10:30 AM - 11:30 AM EDT

About this home

PRICE REDUCTION TO $839,000 — RARE VALUE-ADD INVESTMENT / EQUITY-BUILDING OPPORTUNITY IN PRIME CAMBRIDGE. This east-facing 2-bedroom, 2-bath unit in the highly desirable Cyrus Fellows condo flooded with natural morning light and fifth floor elevated privacy. Strategic price improvement at $839,000 this property presents a rare opportunity for investors, contractors, or end-users to secure immediate upside and build equity in one of the most desired neighborhoods in Central Square, Cambridge.PROPERTY HIGHLIGHTS:Spacious Open-Concept Layout: The apartment features rich hardwood floors, a cozy wood fireplace, large windows, a private balcony with city views.Functional 2BD/2BA Floor Plan: The primary suite has an en-suite full bath, and ample closet space. The second bedroom offers a walk-in closet—an ideal layout for maximum rental return, roommates, or a home-office configuration.Essential Modern Conveniences: In-unit washer and dryer, forced-air heating, individually controlled in-wall heating and cooling units, elevator access, and a private storage locker.Deeded Garage Parking: Includes a coveted deeded garage parking space in a high-density neighborhood where parking commands a premium.Professionally managed, pet-friendly condominium association.Rentals permitted—capitalize on strong, continuous tenant demand driven by surrounding academic and biotechnology hubs. Offered firmly as is. UNBEATABLE RIVERSIDE LOCATION:Nestled between Harvard University and MIT, very close to Central Square, the MBTA Red Line, the Charles River, and an array of world-class dining, cafes, and parks. Exceptional Walk and Bike scores make this a prime location for urban professionals and students alike.Bring your design ideas and tap into instant equity in the heart of Cambridge!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

2

Price Changes

6.8%

Price Range

Property Timeline

↓

Price Reduced

Aug 18, 2026

$839,000 $30,000 (-3.45%)

From $869,000 to $839,000 (-3.5%)

↓

Price Reduced

Jul 30, 2026

$869,000 $31,000 (-3.44%)

From $900,000 to $869,000 (-3.4%)

🏠

Listed for Sale

Jul 18, 2026

$900,000

Original listing

Office: eXp Realty LLC

Date	Event	Price	Change	$/sqft	Details
08/18/2026	↓ Price Reduced	$839,000	$30,000	-	From $869,000 to $839,000 (-3.5%)
07/30/2026	↓ Price Reduced	$869,000	$31,000	-	From $900,000 to $869,000 (-3.4%)
07/18/2026	🏠 Listed for Sale	$900,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2026	$5,874	$880,600

Financial Details

Annual Property Tax

$5,874

Tax Year 2026

HOA Fee

$648

Monthly

Assessed Value

$880,600

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 1999

Living Area 1,083 sq ft

Lot Size 0.11 acres

Stories 1

Bedrooms 2

Full Baths 2

Total Rooms 4

Interior

Heating Electric, Unit Control, Wall Furnace

Cooling 3 Or More, Unit Control

Flooring Hardwood

Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Fireplace Living Room

Fireplaces 1

Basement N

Laundry First Floor, In Unit

Features Bathroom

Exterior

Construction None

Architecture None

Roof None

Features City View(s)

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Under, Garage Door Opener, Deeded, On Street, Paved

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,874

Assessed Value $880,600

HOA & Community

HOA Fee $648 Monthly

Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Amenities Hot Water, Elevator(s), Garden Area

Optional Fee Includes None

Down Payment Resource Eligible

Pets Yes

MA Disclosures

Lead Paint None

Seller Disclosures The Condominium Association Is In The Preliminary Stages Of Discussing Potential Masonry Improvements. No Scope, Timeline, Or Cost Has Been Finalized. Buyers Are Encouraged To Conduct Their Own Due Diligence With The Condominium Association Regarding Any Future Plans.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Mid-Rise"]

Unit/Building 501

Sq Ft Source Public Record

Documents None

County Middlesex

Total market time (incl. prior listings) 35 days

Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1999

Bedrooms

2

Full Bathrooms

2

Living Area

1,083 sq ft

Total Rooms

4

Stories

1

Entry Level

5

Floor Layout

Interior Features

Flooring: Hardwood

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Interior Features: Bathroom

Windows:

Basement: N

Laundry: First Floor, In Unit

Security:

Construction & Materials

Year Built: 1999

Structure Type: Mid-Rise

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric, Unit Control, Wall Furnace

Cooling: 3 or More, Unit Control

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: City View(s)

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 2

Parking Features: Under, Garage Door Opener, Deeded, On Street, Paved

Special Features

Fireplaces: 1

Fireplace Type: Living Room

View: Yes

View Type: City

Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University

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Neighborhood

332 Franklin St Unit 501 # 501, Cambridge MA 02139

Cambridge, MA 02139

Contact Us

Steve Novak Real Estate

mail@steve-novak.com

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332 Franklin St Unit 501 # 501, Cambridge MA 02139

Open House Schedule

About this home

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Recently Sold Nearby

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Listed for Sale

Tax History

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332 Franklin St Unit 501 # 501, Cambridge MA 02139

Open House Schedule

About this home

Public Records & Permits

BMN Estimate

Recently Sold Nearby

Property History

Market Insights

Property Timeline

Price Reduced

Price Reduced

Listed for Sale

Detailed History Table ▼

Tax History

Financial Details

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

Floor Layout

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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