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983 Memorial Drive # 502, Cambridge MA 02138

Cambridge, MA 02138 • Harvard Square
$1,249,000
Est. $8,347/month
3
Beds
2
Baths
1,535
Sq Ft
$814
Price/Sq Ft
1916
Year Built
62
Days on Market
Active Listed May 5, 2026 • MLS# 73512929 Copied! • Updated May 9, 2026

About this home

Experience classic Cambridge living in this beautifully maintained 7-room, 3-bedroom, 2-bath co-op perfectly situated in the heart of Harvard Square, across from the scenic Charles River recreation area. This spacious residence blends timeless elegance with modern comfort, featuring a fireplace, gleaming hardwood floors, rich millwork, abundant natural light. Generous living & dining spaces w/ Charles River Views from the bay windows is a perfect setting for entertaining or relaxing. This well-managed, owner-occupied pre-war building offers convenience w/ an elevator, live-in superintendent, beautifully maintained common garden,patio & private storage. Ideally located just moments from Harvard University,Red Line, cafés, shops, top dining, nightlife, and riverfront walking paths. 92 Walk Score Rental parking options nearby at University Place or Charles Square Garage. A rare opportunity to own a piece of Harvard Square's historic charm in one of Cambridge’s most sought-after locations.

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Property History

Property Timeline

🏠
Listed for Sale
May 5, 2026
$1,249,000
Original listing
Agent: Jim & Mike Savas Team Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
2025 $1 $1

Financial Details

Annual Property Tax
$1
Tax Year 2025
HOA Fee
$1,831
Monthly
Assessed Value
$1

Facts & Features

Home Facts

Type Residential
Style Stock Cooperative
Year Built 1916
Living Area 1,535 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 7

Interior

Heating Steam, Oil
Cooling None
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Building
Features Lighting - Overhead, Closet, Entrance Foyer, Center Hall, Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Patio, Garden
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $1
Assessed Value $1
HOA Fee $1,831 Monthly
Fee Includes Heat, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Elevator(s), Fitness Center, Garden Area
Optional Fee Includes None
Owner-Occupied Units 55
Pets Yes w/ Restrictions
Seller Disclosures Rentals Prohibited. Buyer Responsible 1-time Transaction Fee Of 1.5% Of Purchase Price, Payable To Longview Corporation At Closing, Plus $850 Longview Attorneys Fee. Maximum Of 49% Of Purchase Price & Renovation Costs Can Be Financed. Buyers Approved By Trustees After P&s. Re Taxes In Monthly Fee.
Possession None
Accepted Financing Contract
Structure Type ["High-Rise"]
Unit/Building 502
Sq Ft Source Measured
Documents None
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Stock Cooperative
Listing Type
For Sale
Year Built
1916
Bedrooms
3
Full Bathrooms
2
Living Area
1,535 sq ft
Total Rooms
7
Stories
1
Entry Level
5

Room Details

Other Floor

Bathroom1
9 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bedroom5
Bedroom4
Bedroom3
11 x 8
Closet, Flooring - Hardwood, Lighting - Overhead
Dining Room
20 x 12
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Lighting - Sconce, Lighting - Overhead, Crown Molding
Kitchen
10 x 8
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Overhead
Bathroom2
7 x 4
Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bedroom2
13 x 12
Closet, Flooring - Hardwood, Lighting - Overhead
Living Room
14 x 18
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Recessed Lighting, Lighting - Overhead, Crown Molding
Bathroom3
Master Bedroom
14 x 11
Closet, Flooring - Hardwood, Lighting - Overhead
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Lighting - Overhead, Closet, Entrance Foyer, Center Hall, Elevator
Windows:
Basement: Y
Laundry: In Building
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Public School

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 $1,831/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.

Location

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Neighborhood

Harvard Square

983 Memorial Drive # 502, Cambridge MA 02138

Cambridge, MA 02138

Listing Information

Listing Agent Jim & Mike Savas Team
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 617-489-6900
Agent MLS ID TM334956
Office MLS ID AN5429
Listing Data Updated May 9, 2026 12:22 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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