Discover unparalleled luxury living in these two brand-new townhome residences nestled between Harvard and MIT on the doorstep of Mid Cambridge. Each residence boasts four bedrooms, a chef-inspired kitchen equipped with top-of-the-line Thermador appliances and custom cabinetry, as well as a cozy gas fireplace for added ambiance. Additionally, enjoy the convenience of EV-ready garage parking for two cars in a separate garage building. The expansive backyard provides a tranquil retreat right in the heart of the city. With seamless access to amenities such as Whole Foods, Central & Harvard Squares, and Boston, these residences offer not only an exquisite living experience but also an exceptional long-term investment opportunity.
Property Details
Property Features
Property Information:
Year Built: 2023
Living Area: 5,780 SqFt
Listing Office:
Office Name: Compass
Listing Agent: Maggie Dee + Charles Cherney Team
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Tile, Hardwood
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 7
Total Bedroom Count: 8
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: Paved Drive, Off Street
Lot Features
Lot Information:
Lot Size: 0.13 Acres
School Info
Assigned Schools Information:
Cambridge Rindge and Latin, Public District Grades 9-12
Amigos School, Public District Grades PK-8
Martin Luther King Jr., Public District Grades PK-5
Cambridgeport, Public District Grades PK-5
Fletcher/Maynard Academy, Public District Grades PK-5
Other
Directions Information:
Directions: On Prospect Street near Harvard Street.
Price Information
Listing Price Info
Price Summary:
List Price: $4,950,000
Price Per SqFt: $856/SqFt
Agent Commission:
Buyer's Agent Commission: 2.5%
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cambridge, MA.
This property is $3.9M more than the Median Sold Price and $11/SqFt less than other homes in Cambridge, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73208012
Listing Office:
Office Name: Compass
Listing Agent: Maggie Dee + Charles Cherney Team
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/28/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.7K
Per Month
Principal & Interest
$24.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Martin Luther King Jr.
359 Broadway
Distance between this listing and this school0.33 miles
Public District Grades PK-5
5
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.39 miles
Public District Grades PK-5
5
/10
Fletcher/Maynard Academy
225 Windsor St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Middle School
8
/10
Amigos School
15 Upton St
Distance between this listing and this school0.32 miles
Public District Grades PK-8
High School
5
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school0.69 miles
Public District Grades 9-12
Assigned Schools
8
/10
Martin Luther King Jr.
359 Broadway
Distance between this listing and this school0.33 miles
Public District Grades PK-5
5
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.39 miles
Public District Grades PK-5
5
/10
Fletcher/Maynard Academy
225 Windsor St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Assigned Schools
8
/10
Amigos School
15 Upton St
Distance between this listing and this school0.32 miles
Public District Grades PK-8
Nearby Schools
3
/10
Cambridge Street Upper School
850 Cambridge St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
4
/10
Putnam Avenue Upper School
158 Spring St
Distance between this listing and this school0.89 miles
Public District Grades 6-8
Assigned Schools
5
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school0.69 miles
Public District Grades 9-12
Nearby Schools
4
/10
Prospect Hill Academy Charter School
50 Essex St
Distance between this listing and this school0.18 miles
Public Charter Grades KG-12
7
/10
Community Charter School of Cambridge
245 Bent St
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $23,500. The majority of Cambridge, MA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 114-116 Prospect St in Cambridge, MA and zip code 02139 in the Central Square neighborhood. This 5,780 square foot home, which was built in 2023, sits on a 0.13 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $4,950,000.
Cambridge, MA housing market in March 2024 saw over 21 listings sold above listed price, more than 5 sold at listed price and over 17 sold below. The number of homes for sale in Cambridge, MA increased by 16.5% between February 2024 and March 2024. In March 2024 median list price was $1,028,642 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Art Museums
Art Museums
Music Concerts
Major League Soccer (MLS)
Bloomingdales
H&M
Banana Republic
Starbucks
Chipotle
Jack In The Box
Audi
Volkswagen
Toyota
News
Rhythmic Contemporary Hits
Jazz