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7 Newport Road # 7, Cambridge MA 02140

Cambridge, MA 02140 • Porter Square
$925,000
Est. $5,785/month
2
Beds
1
Baths
1,142
Sq Ft
$810
Price/Sq Ft
1920
Year Built
16
Days on Market
Closed Listed Sep 7, 2024 • MLS# 73286873 Copied!

About this home

Dive into the vibrant heart of Porter Square! This sun-drenched, freshly painted 2-bedroom penthouse apartment offers unbeatable convenience. With its generous floor plan, high ceilings, large windows that allow an abundance of natural light, period details throughout and fireplace, this charming abode will have you feeling right at home. In-unit washer/dryer, along with extra storage, shared garden space, and the benefits of a professionally managed association with low turnover rates, contribute to the appeal of this apartment. Embrace the superb location; you'll enjoy immediate access to a wide array of restaurants, cafes and the nearby T station, putting the best of the neighborhood right at your fingertips. Garage Parking nearby can be rented for $2,850.00 p.a. paid upfront till 12/31/24. This home is the perfect blend of comfort and convenience.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
1,142 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $900,000
Final Sale Price: $925,000
Difference: +$25,000 (+2.8%)
Performance Metrics
102.8%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $788
Sale $/sq ft: $810
This property sold for $810 per square foot
Sale Summary

This property sold for 2.8% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,142 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Leased
Total Spaces 1

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $5,321
Assessed Value $898,800

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1920
Structure Type: Mid-Rise, Brownstone
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Detached, Garage Door Opener, Leased

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Bike Path

Location

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Neighborhood

Porter Square

7 Newport Road # 7, Cambridge MA 02140

Cambridge, MA 02140

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $443
Homeowners Insurance $200
HOA Fee $464/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.7%
Price Range
17
Total Days on Market

Property Timeline

Sold
Oct 30, 2024
$925,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Sep 7, 2024
$900,000
Original listing
Agent: Molly Schoeck Office: Engel & Volkers Boston

Price & Status History

Date Event Price Change
Sep 7, 2024 New Listing Added $900,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$810

Tax History

Year Taxes Assessment
2024 $5,321 $898,800

Financial Details

Annual Property Tax
$5,321
Tax Year 2024
HOA Fee
$464
Monthly
Assessed Value
$898,800

Listing Information

Listing Office Engel & Volkers Boston
Agent MLS ID CN203900
Office MLS ID AN2593
Listing Data Updated Oct 31, 2024 6:22 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Cambridge, MA

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