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50 Follen St # 512, Cambridge MA 02138

Cambridge, MA 02138
$685,000
Est. $4,450/month
1
Beds
1
Baths
706
Sq Ft
$970
Price/Sq Ft
1925
Year Built
48
Days on Market
Closed Listed Jul 27, 2024 • MLS# 73270164 Copied!

About this home

Great opportunity for investors to own a top floor one bedroom condominium unit in Harvard square. Close proximity to Harvard Law school, T-Station, bus stop, Cambridge Common, and various Restaurants! Well maintained brick building has an elevator, coin-op laundry room in the lobby level. It also has professionally managing on-site manager. The unit features hardwood floor throughout, a spacious bedroom, a large living room with plenty of storage / closet, a kitchen renovated in 2019 with stainless steel appliances quartz countertop, sink, and faucet.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1925
Bedrooms
1
Full Bathrooms
1
Living Area
706 sq ft
Total Rooms
3
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $730,000
Final Sale Price: $685,000
Difference: $45,000 (-6.2%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $1,034
Sale $/sq ft: $970
This property sold for $970 per square foot
Sale Summary

This property sold for 6.2% below the original asking price.

The property spent 48 days on market before selling.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$970/sq ft
Area Average
$285/sq ft
Difference
+240.0%

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 1925
Living Area 706 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Steam
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

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

Parking

Features On Street

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $3,490
Assessed Value $589,500

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1925
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

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

50 Follen St # 512, Cambridge MA 02138

Cambridge, MA 02138

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
St. Peter Elementary School
0.5 mi
Grades PK-08
Cambridge Montessori School
0.8 mi
Grades PK-06
Cambridge Friends School
0.8 mi
Grades PK-08
Shady Hill School
1.0 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
1.1 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
A
Amigos School
1.2 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
1.3 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
Lycee International de Boston/International School of Boston, Inc.
1.8 mi
Grades 01-12
Fayerweather Street School
1.9 mi
Grades PK-08
A-
Graham and Parks School
0.3 mi | #242 of 824 | Score: 52.7
Improved 3 spots from last year
-5.5 below state avg
367 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
< 0.1 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.9 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
A
Rindge Avenue Upper School
1.0 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
C+
Cambridge Street Upper School
1.6 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
1.9 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
1.4 mi
Grades 07-12
NuVu Innovation School
1.4 mi
Grades 08-12
B-
Community Charter School of Cambridge
2.0 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
Learn about these ratings

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 $291
Homeowners Insurance $200
HOA Fee $495/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

5.5%
Price Range
51
Total Days on Market

Property Timeline

Sold
Oct 16, 2024
$685,000
Property sold
Days on Market: 51
🏠
Listed for Sale
Jul 27, 2024
$725,000
Original listing
Agent: Miniee Sungmin Yoo Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Jul 27, 2024 New Listing Added $725,000

Market Statistics

Days on Market
48 days
Price per Sq Ft
$970

Tax History

Year Taxes Assessment
2024 $3,490 $589,500

Financial Details

Annual Property Tax
$3,490
Tax Year 2024
HOA Fee
$495
Per month
Assessed Value
$589,500

Listing Information

Listing Agent Miniee Sungmin Yoo
Listing Office Keller Williams Realty
Agent MLS ID CN228620
Office MLS ID BB5962
Listing Data Updated Oct 22, 2024 1:56 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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Market Analytics for Cambridge, MA

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