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8 Fifth Street # 2, Cambridge MA 02141

Cambridge, MA 02141 • East Cambridge
$954,000
Est. $6,207/month
2
Beds
2
Baths
1,000
Sq Ft
$954
Price/Sq Ft
1873
Year Built
17
Days on Market
Closed Listed May 28, 2024 • MLS# 73243370 Copied!

About this home

Unbeatable opportunity to own a pristine, 2020 gut renovated penthouse condo in the heart of bustling and burgeoning East Cambridge, within a half a mile from tech and life sciences hubs, Kendall Square (Red Line T) and Cambridge Crossing (Green Line T). The kitchen with custom cabinets and quartz countertops is open to the dining and living area, creating a bright & open space, seamlessly blending style & function. Two spacious bedrooms, including an en-suite primary with dual closets and a second bathroom complete this home. Neighborhood amenities abound, 10+ parks, kayaking on the Charles, skating rinks, restaurants, artisan coffee and wine bars, spinning studios and grocery stores. Close to MIT, MGH, Harvard, I-93 and 15 minutes to Logan Airport. With a Walk Score™ of 95/100 and bike score of 96/100, the city is your oyster! Shopping, pharmacy and grocery just one block away! In-unit laundry and central air!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1873
Bedrooms
2
Full Bathrooms
2
Living Area
1,000 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $868,000
Final Sale Price: $954,000
Difference: +$86,000 (+9.9%)
Performance Metrics
109.9%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $868
Sale $/sq ft: $954
This property sold for $954 per square foot
Sale Summary

This property sold for 9.9% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 23 similar properties sold within 0.5 miles in the last 90 days

This Property
$954/sq ft
Area Average
$323/sq ft
Difference
+195.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1873
Living Area 1,000 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Ductless
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features Internet Available - Broadband

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features On Street

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $11,794
Assessed Value $1,937,100

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Broadband
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1873
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Heating Zones: 3
Cooling: Ductless
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

East Cambridge

8 Fifth Street # 2, Cambridge MA 02141

Cambridge, MA 02141

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $983
Homeowners Insurance $200
HOA Fee $200/mo
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
$0/mo
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

Market Insights

9%
Price Range
18
Total Days on Market

Property Timeline

Sold
Jul 9, 2024
$954,000
Property sold
Days on Market: 18
🏠
Listed for Sale
May 28, 2024
$868,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
May 28, 2024 New Listing Added $868,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$954

Tax History

Year Taxes Assessment
2024 $11,794 $1,937,100

Financial Details

Annual Property Tax
$11,794
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$1,937,100

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM331830
Office MLS ID AN2064
Listing Data Updated Jul 15, 2024 11:22 AM 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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Market Analytics for Cambridge, MA

Real-time market trends and pricing data for this area

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