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986 Memorial Drive # 404, Cambridge MA 02138

Cambridge, MA 02138 • Harvard Square
$1,300,000
Est. $10,326/month
2
Beds
2
Baths
1,535
Sq Ft
$847
Price/Sq Ft
1916
Year Built
76
Days on Market
Closed Listed Nov 18, 2025 • MLS# 73456035 Copied!

About this home

On a gentle bend of the Charles, Unit 404 at 986 Memorial Drive lives where the river’s calm meets the hum of Harvard Square. From that setting, this classic Cambridge cooperative opens with an easy grace of its own, beginning with an inviting entry that leads you into front to back living & dining rooms with tall windows and extensive built ins. Two bedrooms and a bath are tucked into a private wing, creating a comfortable sense of separation. The seller, who has moved to be closer to family, thoughtfully updated the space by adding central air conditioning, renovating the main bathroom and adding a fresh coat of paint, leaving it feeling light and cheerful. In this elevator building, recent maintenance reflects attentive care behind the scenes. Looking out at the Charles offers a peaceful daily rhythm, while bookstores, cafes, restaurants, and the vibrancy of a world renowned university city are moments away. It is a place where nature and city, history and comfort, meet with ease.

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Public Records

Current Owner

Owner LONGVIEW CORPORATION
Mailing Address 4 BUNKER HILL INDUSTRIAL PARK, BOSTON, MA, 02129

Land Use

Use Code 112
Description Apartments (8+ units)
Zoning C-2
Style APTS-LUXURY

Tax Information

Assessed Value $55,887,400
Tax Rate $5.86 per $1,000
Base Tax $327,500
CPA Surcharge 3% ($9,807)
Estimated Annual Tax $337,308

Assessment History

Year Land Building Total Change
FY2026 $10,296,900 $45,590,500 $55,887,400

Municipal Context: CAMBRIDGE

Median Home Value $925,000
Avg SF Tax Bill $8,175
Residential Tax Rate $5.86/1000
CPA Surcharge 3%
County Middlesex
Match: geocode_proximity (79.9% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Stock Cooperative
Listing Type
For Sale
Year Built
1916
Bedrooms
2
Full Bathrooms
2
Living Area
1,535 sq ft
Total Rooms
6
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $1,395,000
Final Sale Price: $1,300,000
Difference: $95,000 (-6.8%)
Performance Metrics
93.2%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $909
Sale $/sq ft: $847
This property sold for $847 per square foot
Sale Summary

This property sold for 6.8% below the original asking price.

The property spent 76 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$847/sq ft
Area Average
$973/sq ft
Difference
12.9%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Central AC

Home Facts

Type Residential
Style Stock Cooperative
Year Built 1916
Living Area 1,535 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Steam, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Vinyl
Appliances Range, Dishwasher, Refrigerator, Freezer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Common Area, In Building
Features Lighting - Pendant, Entrance Foyer

Exterior

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

Parking

Features None

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Range, Dishwasher, Refrigerator, Freezer
Interior Features: Lighting - Pendant, Entrance Foyer
Windows: Storm Window(s)
Basement: Y
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1916
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T-Station, University

Location

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Neighborhood

Harvard Square

986 Memorial Drive # 404, Cambridge MA 02138

Cambridge, MA 02138

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 $0
Homeowners Insurance $200
HOA Fee $3,552/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

1.4%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Nov 18, 2025
$1,395,000
Original listing
Agent: The May Group Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #72891404
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 25, 2022
$1,415,000
MLS #72891404

Price & Status History

Date Event Price Change
Nov 18, 2025 New Listing Added $1,395,000
Feb 25, 2022 Sold $1,415,000

Market Statistics

Days on Market
76 days
Price per Sq Ft
$847

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
HOA Fee
$3,552
Monthly
Assessed Value
$0

Listing Information

Listing Agent The May Group
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TEAM0215
Office MLS ID AN2064
Listing Data Updated Mar 11, 2026 3:03 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

Real-time market trends and pricing data for this area

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