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17 Otis Street # 501, Cambridge MA 02141

Cambridge, MA 02141 • East Cambridge
$1,100,000
Est. $5,855/month
2
Beds
2
Baths
1,010
Sq Ft
$1,089
Price/Sq Ft
1898
Year Built
Condominium
Type
3
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73169045

About this home

Don’t miss out on this perfectly laid out bright and airy 2 bed/2 bath residence with 1 garage parking at the desirable One First building in East Cambridge. Just freshly painted throughout with new Brazilian Cherry floors installed in both bedrooms. The open concept kitchen offers stainless steel appliances, cherry cabinetry, granite countertops and a peninsula island with seating for 2. Additional unit features include oversized windows facing tree-lined Otis Street, in-unit washer/dryer, central air and marble bathrooms. Building amenities include 24-hr concierge, elevator, on-site property management, fitness room, shared library/community room, a magnificent common roof deck and a meticulously landscaped interior courtyard. Centrally located in East Cambridge and just steps to the new Lechmere train station, Cambridge Crossing, North Point Park, CambridgeSide Galleria Mall, Museum of Science, the Esplanade, Kendall Square, MIT with easy access to major highways and Logan Airport.

Sale Statistics

Sale Overview
Original List Price: $1,045,000
Final Sale Price: $1,100,000
Difference: +$55,000 (+5.3%)
Performance Metrics
105.3%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $1,035
Sale $/sq ft: $1,089
This property sold for $1,089 per square foot
Sale Summary

This property sold for 5.3% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1898
Bedrooms
2
Full Bathrooms
2
Living Area
1,010 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Interior Features

Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Basement Details
N

Exterior & Structure

Exterior Features
Deck - Roof
Patio/Porch Features
Deck - Roof
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
HOA Fee
$840
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s), Fitness Center, Clubroom, Garden Area
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,237
Tax Year
2023
Tax Assessed Value
$893,800
Parcel Number
M:00018 L:000470D501,4660525
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
One First Condominium
Attached Property
Yes
Disclosures
Non-smoking building. $250 move-in/move-out fee. New residents required to pay 2 months condo fee at closing to fund reserves (total of $1, 678.84). Garage space #130. 2 pets/unit (dog weight limit of 75 lbs.). New hot water heater installed June 2023. Taxes do not include residential tax exemption.

Location

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Neighborhood

East Cambridge

17 Otis Street # 501, Cambridge MA 02141

Cambridge, MA 02141

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $436
Homeowners Insurance $200
HOA Fee $840
PMI $0

Property History

Market Insights

5%
Price Range
8
Total Days on Market

Property Timeline

✓
Sold
Nov 9, 2023
$1,100,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Oct 11, 2023
$1,045,000
Original listing
Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Oct 11, 2023 New Listing Added $1,045,000 —

Market Statistics

Days on Market
3 days
Price per Sq Ft
$1,089

Tax History

Year Taxes Assessment
2023 $5,237 $893,800

Financial Details

Annual Property Tax
$5,237
Tax Year 2023
HOA Fee
$840
Monthly
Assessed Value
$893,800

Listing Information

Listing Agent Neda Vander Stoep
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID CT002711
Office MLS ID AN6192

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