240 Franklin St # B2, Cambridge MA 02139

Cambridge, MA 02139
$530,000
2
Beds
1
Baths
1,042
Sq Ft
$509
Price/Sq Ft
1900
Year Built
15
Days on Market
Sold Listed Apr 22, 2019 • MLS# 72485415 Copied! • Updated Jun 1, 2019

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Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $530,000
Difference: +$30,100 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $480
Sale $/sq ft: $509
This property sold for $509 per square foot
Sale Summary

This property sold for 6.0% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 49 similar properties sold within 0.5 miles in the last 90 days

This Property
$509/sq ft
Area Median
$584/sq ft
Difference
12.9%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Location cannot be beat! This spacious 2-bed condo is just steps away from the Red Line in Central Square. Convenient to both Harvard University and MIT. Open floor plan with large living and dining areas features exposed brick columns. Updated kitchen and bath with Quartz countertops. Lots of storage in over sized closets. In-unit washer and dryer new in 2018. Water heater replaced in 2018. Well run, professionally managed association. Step outside onto a beautifully hardscaped common patio perfect for grilling and entertaining. Walk Score 97 and Bike Score 98.

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Recently Sold Nearby

Property History

Market Insights

99.4%
Price Range
22
Total Days on Market

Property Timeline

Current Active Listing - MLS #73565137
Full transaction history available when tracking began
🏡
Currently Listed
Aug 18, 2026
$3,300
MLS #73565137 - Active
Sold
May 31, 2019
$530,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Apr 22, 2019
$499,900
Original listing
Agent: Erik Williams Office: Keller Williams Realty Boston Northwest

Tax History

Year Taxes Assessment
2018 $3,024 $480,800

Financial Details

Annual Property Tax
$3,024
Tax Year 2018
HOA Fee
$293
Monthly
Assessed Value
$480,800

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,042 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Patio, Garden
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features None
Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $3,024
Assessed Value $480,800

HOA & Community

HOA Fee $293 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Amenities None
Optional Fee Includes None
Owner-Occupied Units 5
Pets Yes
Seller Disclosures Occupied Through July 31st. Can Be Delivered Vacant August 1st. Currently Rented At $2, 500/month. Offers Requested By Tuesday 4/30 By Noon. Please Allow 24 Hours For Response. Sellers Reserve The Right To Accept An Offer Prior To Deadline.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building B2
Sq Ft Source Field Card
Sq Ft Disclosures Floor plans are provided for convenience only. Measurements may not be 100% accurate.
Documents Association Financial Statements, Certificate Of Insurance (2)
County Middlesex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,042 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:
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
Amigos School
0.2 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
C
Prospect Hill Academy Charter School
0.3 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
St. Peter Elementary School
1.7 mi
Grades PK-08
Shady Hill School
1.8 mi
Grades PK-08
Cambridge Montessori School
2.1 mi
Grades PK-06
Cambridge Friends School
2.1 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
2.4 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
Lycee International de Boston/International School of Boston, Inc.
3.0 mi
Grades 01-12
Fayerweather Street School
3.2 mi
Grades PK-08
A
John M Tobin School
0.5 mi | #137 of 824 | Score: 57.4
Dropped 34 spots from last year
-0.8 below state avg
291 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
1.2 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.5 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
0.9 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
1.0 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
A
Rindge Avenue Upper School
2.3 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
H

High Schools

3 schools
Farr Academy School
< 0.1 mi
Grades 07-12
NuVu Innovation School
0.2 mi
Grades 08-12
B-
Community Charter School of Cambridge
1.0 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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Location

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Neighborhood

240 Franklin St # B2, Cambridge MA 02139

Cambridge, MA 02139

Listing Information

Listing Agent Erik Williams
Listing Office Keller Williams Realty Boston Northwest
Office Phone 617-497-8900
Agent MLS ID CT005571
Office MLS ID BB5474
Listing Data Updated Jun 1, 2019 7:07 PM EDT
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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