988 Memorial Dr # 385, Cambridge MA 02138

Cambridge, MA 02138
$608,000
Est. $3,969/month
1
Beds
1
Baths
575
Sq Ft
$1,057
Price/Sq Ft
1900
Year Built
16
Days on Market
Closed Listed May 24, 2024 • MLS# 73242241 Copied!

About this home

Welcome to Barrington Court Condominiums!! This one bedroom condo is in the heart of Cambridge, and offers a perfect blend of historic charm and culture! The third floor is conveniently accessible by an elevator, and every room is sunsplashed. Featuring hardwood floors, full bath, built-ins, cabinet packed kitchen, and plenty of closet space. Onsite laundry. Enjoy the great outdoors and take the Dr. Paul Dudley White Path along the Charles River, or stroll through JFK Memorial Park and Riverbend Park! A commuters dream with easy access to Harvard Square Station. Condo fee includes Hot water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, snow removal, and refuse removal. Memorial Dr closes down every Sunday from May to November for 8 hours to allow locals to bike, roller blade, walk, jog, skateboard, or scooter the streets!! It’s such a fun experience!!

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
575 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $650,000
Final Sale Price: $608,000
Difference: $42,000 (-6.5%)
Performance Metrics
93.5%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $1,130
Sale $/sq ft: $1,057
This property sold for $1,057 per square foot
Sale Summary

This property sold for 6.5% below the original asking price.

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 575 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric
Cooling None
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features Elevator

Exterior

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

Parking

Features On Street

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,334
Assessed Value $563,100

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Elevator
Windows: Storm Window(s)
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: Garden
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 2
Cooling: None
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

Parking Features: On Street

Location

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Neighborhood

988 Memorial Dr # 385, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Schools

School information not available

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $278
Homeowners Insurance $200
HOA Fee $417/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
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+0.5% Rate
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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

6.5%
Price Range
17
Total Days on Market

Property Timeline

Sold
Jul 12, 2024
$608,000
Property sold
Days on Market: 17
🏠
Listed for Sale
May 24, 2024
$650,000
Original listing
Agent: Kim and Jay Team Office: RE/MAX Prof Associates

Price & Status History

Date Event Price Change
May 24, 2024 New Listing Added $650,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$1,057

Tax History

Year Taxes Assessment
2024 $3,334 $563,100

Financial Details

Annual Property Tax
$3,334
Tax Year 2024
HOA Fee
$417
Per month
Assessed Value
$563,100

Listing Information

Listing Agent Kim and Jay Team
Listing Office RE/MAX Prof Associates
Agent MLS ID TEAM0018
Office MLS ID K95344
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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