27 days on rocket

509-515 Franklin St Unit 1, Cambridge, MA, 02139

$999,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,245 SqFt
$802/SqFt
Condo
Schools Nearby

Location

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509-515 Franklin St Unit 1, Cambridge$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Deeded
Year Built1855
HeatingBaseboard
CoolingCentral Air
MLS #73218572
StatusActive

About 509-515 Franklin St Unit 1

2 bed, 2 bath condo in the Riverside neighborhood of Cambridge features deeded parking, central AC, washer/dryer in unit, and common outdoor patio. The primary suite has a walk-in closet, en-suite bathroom, and king-size bed wall with ample space for dressers, an armoire and/or workspace. Updated kitchen equipped with stainless steel appliances and a large island that doubles as a breakfast bar. Admire the hardwood floors and recessed lighting throughout. A large living room is perfect for big entertainment set up in the front and dining room or more office space. Step outside to a common patio oasis - a large, fenced-in patio, perfect for hosting an outdoor meal or gathering with friends. Take advantage of the prime location, just a stone's throw away from vibrant restaurants, Harvard and Central Square, Charles River, the red line T-station, and much more! Please see showing instructions.

Property Details

Property Features

Property Information:

  • Year Built: 1855
  • Living Area: 1,245 SqFt

Listing Office:

  • Office Name: Compass
  • Listing Agent: The Biega + Kilgore Team

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Off Street, Deeded

Utilities

Utilities Information:

  • Heating: Baseboard
  • 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: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $802/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5

HOA Fees:

  • Amount: $385
  • 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

509-515 Franklin St Unit 1 vs Cambridge

27 DAYS ON ROCKET

-15 Days

$999,000

-$29.6K Less

$802/SqFt

-$65 Less

KEY TAKEAWAY

This property is $29.6K less than the Median Sold Price and $65/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: #73218572

Listing Office:

  • Office Name: Compass
  • Listing Agent: The Biega + Kilgore 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: 4/29/2024, 6:25:16 PM 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

$5,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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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-3281657
8
/10

  • Martin Luther King Jr.

  • 359 Broadway

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-3281658
5
/10

  • Cambridgeport

  • 89 Elm St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-3281659
5
/10

  • Fletcher/Maynard Academy

  • 225 Windsor St

  • 0.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3281660
8
/10

  • Amigos School

  • 15 Upton St

  • 0.21 miles

  • Public District Grades PK-8

High School

school-card-donut-3281661
5
/10

  • Cambridge Rindge and Latin

  • 459 Broadway

  • 0.63 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 $64,680. Most Cambridge, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509-515 Franklin St Unit 1

What is the listing price of this property?

The listing price of 509-515 Franklin St Unit 1 property is $999,000.

What type of property is this?

The property 509-515 Franklin St Unit 1 is a condo located in Cambridge, Massachusetts, 02139.

Is this property for sale now?

Active Listing: 509-515 Franklin St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 509-515 Franklin St Unit 1 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 509-515 Franklin St Unit 1 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 509-515 Franklin St Unit 1 is 1,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509-515 Franklin St Unit 1 is 1855.

Rocket Homes›Massachusetts›Middlesex County›Cambridge›02139›509-515 Franklin St Unit 1

This home is located at 509-515 Franklin St Unit 1 in Cambridge, MA and zip code 02139 in the Central Square neighborhood. This 1,245 square foot home was built in 1855. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $999,000.

In March 2024 more than 21 listings in Cambridge, MA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 17 were sold below. The inventory of homes for sale in Cambridge, MA between February 2024 and March 2024 increased by 16.5%. While the average time on the market in March 2024 was 42 days, the median list price was $1,028,642.

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

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