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.
Sale Statistics
Sale Overview
Original List Price:$2,500,000
Final Sale Price:$2,225,000
Difference:
$275,000 (-11.0%)
Performance Metrics
89.0%
List to Sale Ratio
Sold below asking price
79
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$1,001
Sale $/sq ft:$891
This property sold for $891 per square foot
Sale Summary
This property sold for 11.0% below the original asking price.
The property spent 79 days on market before selling.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
2023
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,498 sq ft
Total Rooms
8
Stories
3
Entry Level
1
Interior Features
Flooring
Tile, Hardwood
Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
Interior Features
Bathroom - Full, Bathroom
Laundry Features
Third Floor
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Frame
Roof
Shingle, Rubber
Exterior Features
Patio, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Garage Door Opener, Off Street, Assigned
Covered Parking Spaces
1
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom, TV Monitor
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, Public School, T-Station, University
HOA Fee
$344
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$11,330
Tax Year
2024
Tax Assessed Value
$999
Zoning
res.
Additional Details
Year Built Source
Owner
Year Built Details
Approximate
Disclosures
114-116 Prospect Street now taxed as a two-family. The two units will share current tax bill until the city assesses each unit as a condo. $11, 330.22 represents 50% of current tax bill. Buyer to contribute $700 to association reserve and pay its portion of first year master insurance at closing.
Location
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Neighborhood
116 Prospect Street # 116, Cambridge MA 02139
Cambridge, MA 02139
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$944
Homeowners Insurance$200
HOA Fee$344
PMI$0
Property History
Market Insights
5.3%
Price Range
80
Total Days on Market
Property Timeline
✓
Sold
Jun 28, 2024
$2,225,000
Property sold
Days on Market: 80
🏠
Listed for Sale
Mar 1, 2024
$2,350,000
Original listing
Agent: Maggie Dee + Charles Cherney TeamOffice: Compass
