1 month on rocket

116 Prospect St Unit 116, Cambridge, MA, 02139

$2,425,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,498 SqFt
$971/SqFt
Condo
Schools Nearby

Location

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116 Prospect St Unit 116, Cambridge$2,425,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Garage Door Opener, Off Street, Assigned
Garage1 space
Year Built2023
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #73207477
StatusActive

About 116 Prospect St Unit 116

Wow! New construction contemporary townhome on the doorstep of Mid Cambridge between Harvard and MIT. Set back from the street, this exquisite 4-bedroom, 3.5-bathroom luxury residence boasts unparalleled privacy and an exclusive-use back yard. Step into the bright, open-concept main living area, illuminated by floor-to-ceiling windows and warmed by a two-sided gas fireplace bridging the living and dining spaces. The gourmet kitchen includes a central island, high-end Thermador appliances, and a separate pantry offering abundant storage. Upstairs, discover three bedrooms, two full baths, and a laundry area for added convenience. The primary suite beckons with a spacious walk-in closet and a lavish bath featuring a double vanity and skylit shower. The garden level, bathed in natural light, hosts an expansive family room, a fourth bedroom, and another full bath. EV-ready garage parking for one car. Enjoy easy access to Whole Foods, Central and Harvard Squares, as well as downtown Boston.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 2,498 SqFt

Listing Office:

  • Office Name: Compass
  • Listing Agent: Maggie Dee + Charles Cherney Team

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
  • Flooring Type: Tile, Hardwood
  • Interior: Bathroom - Full, Bathroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Fenced Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener, Off Street, Assigned

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

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: $2,425,000
  • Price Per SqFt: $971/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5

HOA Fees:

  • Amount: $343
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Cambridge, MA.

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Cambridge, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$866

Avg. Days On Market

42

# of Sold Homes

43

116 Prospect St Unit 116 vs Cambridge

57 DAYS ON ROCKET

+15 Days

$2,425,000

+$1.3M More

$971/SqFt

+$104 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $104/SqFt more 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: #73207477

Listing Office:

  • Office Name: Compass
  • Listing Agent: Maggie Dee + Charles Cherney Team

IDX 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.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,337

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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

school-card-donut-1834575
8
/10

  • Martin Luther King Jr.

  • 359 Broadway

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-1834576
5
/10

  • Cambridgeport

  • 89 Elm St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-1834577
5
/10

  • Fletcher/Maynard Academy

  • 225 Windsor St

  • 0.33 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1834578
8
/10

  • Amigos School

  • 15 Upton St

  • 0.48 miles

  • Public District Grades PK-8

High School

school-card-donut-1834579
5
/10

  • Cambridge Rindge and Latin

  • 459 Broadway

  • 0.62 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,397. The most common annual income of people living in Cambridge, MA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Prospect St Unit 116

What is the listing price of this property?

The listing price of 116 Prospect St Unit 116 property is $2,425,000.

What type of property is this?

The property 116 Prospect St Unit 116 is a condo located in Cambridge, Massachusetts, 02139.

Is this property for sale now?

Active Listing: 116 Prospect St Unit 116 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 116 Prospect St Unit 116 are:
Martin Luther King Jr.: GreatSchools Rating 8/10
Cambridgeport: GreatSchools Rating 5/10
Fletcher/Maynard Academy: GreatSchools Rating 5/10
Amigos School: GreatSchools Rating 8/10
Cambridge Rindge and Latin: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 116 Prospect St Unit 116 has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 116 Prospect St Unit 116 is 2,498 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Prospect St Unit 116 is 2023.

Rocket Homes›Massachusetts›Middlesex County›Cambridge›02139›116 Prospect St Unit 116

This home is located at 116 Prospect St Unit 116 in Cambridge, MA and zip code 02139 in the Central Square neighborhood. This 2,498 square foot home was built in 2023. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $2,425,000.

Over 21 listings were sold over their listed price in March 2024 in Cambridge, MA. In the same period over 17 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Cambridge, MA between February 2024 and March 2024 increased by 16.5%. Listings spent 42 days on the market in March 2024, and had a median list price of $1,028,642 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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