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57 Cedar St, Cambridge MA 02140

Cambridge, MA 02140 • North Cambridge
$4,500,000
Est. $24,384/month
0.21
Acres
11 hours 27 minutes
Time on Market
Active Listed Mar 27, 2026 • MLS# 73492980 Copied!

About this home

57 Cedar Street in Cambridge, MA is a three-story building currently contains six (6) 1-Bedroom/1-Bathroom units with 3,939 square feet of gross living area in 5,704 square feet of gross area. The Property is situated upon a 0.21-acre parcel (9,131 square feet) and features twenty (20) off-street parking spaces comprised of ten (10) off street spaces and ten (10) garage stalls. The opportunity exists to take advantage of the new Cambridge zoning laws and develop the current asset into a larger development by adding more units. As shown in conceptual renderings, investors and developers can pursue multiple value-add pathways, including the addition of new residential units at the rear of the existing structure or a potential full site redevelopment into a high-density multifamily asset that maximizes the site’s allowable envelope. It's situated ½ mile to both Porter and Davis Square and less than a mile from Alewife and Alewife Station.

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Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.21 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

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

Parking

Features None

Utilities

Electric On-site
Water Public
Sewer Public Sewer
Gas On-site
Other None

Financial

Annual Tax $17,159
Assessed Value $2,702,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

North Cambridge

57 Cedar St, Cambridge MA 02140

Cambridge, MA 02140

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

10 schools
A
Benjamin Banneker Charter Public School
0.2 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Cambridge Friends School
0.4 mi
Grades PK-08
Lycee International de Boston/International School of Boston, Inc.
0.6 mi
Grades 01-12
Cambridge Montessori School
0.6 mi
Grades PK-06
St. Peter Elementary School
0.9 mi
Grades PK-08
Fayerweather Street School
1.2 mi
Grades PK-08
Shady Hill School
1.7 mi
Grades PK-08
C
Prospect Hill Academy Charter School
2.4 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
A
Amigos School
2.5 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
Wild Rose Montessori School
0.2 mi
Grades K-03
M

Middle Schools

5 schools
Allium Montessori School
1.3 mi
Grades 01-06
A
Rindge Avenue Upper School
0.2 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
2.1 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
2.5 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
2.8 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
2.6 mi
Grades 07-12
NuVu Innovation School
2.6 mi
Grades 08-12
B-
Community Charter School of Cambridge
3.0 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,430
Homeowners Insurance $200
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
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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

Property Timeline

🏠
Listed for Sale
Mar 27, 2026
$4,500,000
Original listing
Agent: Kelleher - Pentore Team Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Mar 27, 2026 New Listing Added $4,500,000
Mar 27, 2026 Sold $4,500,000

Market Statistics

Time on Market
11 hours 27 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $17,159 $2,702,200

Financial Details

Annual Property Tax
$17,159
Tax Year 2025
Assessed Value
$2,702,200

Listing Information

Listing Agent Kelleher - Pentore Team
Listing Office Horvath & Tremblay
Agent MLS ID TM359859
Office MLS ID AN2723
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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