8 Cambridge Terrace # 2, Cambridge MA 02140

Cambridge, MA 02140 • Porter Square
$930,000
Est. $4,950/month
2
Beds
1
Baths
1,032
Sq Ft
$901
Price/Sq Ft
1920
Year Built
Condominium
Type
26
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73385452

About this home

This penthouse checks every box. Nestled just two blocks from vibrant Porter Square, this beautifully updated floor-through home sits atop a fully owner-occupied three-unit building — the ideal blend of privacy, character, and location. Inside, the thoughtfully reimagined layout features two spacious bedrooms, a gut-renovated bathroom, a sun-drenched living room, a formal dining area, and a fully renovated kitchen with in-unit laundry and abundant closet space. The standout feature is the expansive double-wide living room — once a three-bedroom layout, the former third bedroom was opened up to create a remarkably airy and flexible living area, with potential to reconfigure if three bedrooms are desired. Outdoor space with two private decks for your exclusive use, plus a shared rear patio for casual gatherings or summer lounging. Additional highlights include private basement storage, 2018 roof and gutter system, 2019 heating upgrades and all in Cambridges most walkable neighborhood!

Sale Statistics

Sale Overview
Original List Price: $959,000
Final Sale Price: $930,000
Difference: $29,000 (-3.0%)
Performance Metrics
97.0%
List to Sale Ratio
Sold below asking price
26
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $929
Sale $/sq ft: $901
This property sold for $901 per square foot
Sale Summary

This property sold for 3.0% below the original asking price.

With only 26 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
1920
Bedrooms
2
Full Bathrooms
1
Living Area
1,032 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Interior Features

Heating
Hot Water
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Parking Features
On Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,311
Tax Year
2024
Tax Assessed Value
$836,000
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Common Walls
No One Above
Disclosures
HOA is repairing and painting the exterior of the the building and landscaping. Seller will pay units portion at time of closing if not completed before hand. Unit is currently empty and owners have moved out.

Location

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Neighborhood

Porter Square

8 Cambridge Terrace # 2, Cambridge MA 02140

Cambridge, MA 02140

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 $443
Homeowners Insurance $200
HOA Fee $300
PMI $0

Property History

Market Insights

3%
Price Range
27
Total Days on Market

Property Timeline

Sold
Jul 30, 2025
$930,000
Property sold
Days on Market: 27
🏠
Listed for Sale
Jun 4, 2025
$959,000
Original listing
Agent: Jason Canulla Office: Stuart St James, Inc.

Price & Status History

Date Event Price Change
Jun 4, 2025 New Listing Added $959,000

Market Statistics

Days on Market
26 days
Price per Sq Ft
$901

Tax History

Year Taxes Assessment
2024 $5,311 $836,000

Financial Details

Annual Property Tax
$5,311
Tax Year 2024
HOA Fee
$300
Monthly
Assessed Value
$836,000

Listing Information

Listing Agent Jason Canulla
Listing Office Stuart St James, Inc.
Agent MLS ID CN218624
Office MLS ID AC1022

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