CCertihomes
281 Concord Ave, Cambridge, MA 02138

$3,500,000

5 beds 3 baths 3,748 sqft Built 19634 days on marketActive

About this home

BUILDING FOR SALE OR LEASE. Two story, sun filled, south facing building available in the highly desirable Observatory Hill neighborhood of Cambridge. Close proximity to world renowned Harvard Square. Designed by award winning architects, the building was gut renovated in 2018 with the utmost attention to detail. Prime retail, office, or residential conversion opportunity

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$21,103/mo

Real estate (PITI + HOA + PMI)
$21,837
Principal + interest$15,874
Property tax + insurance$4,650
PMI / 2nd mortgage$1,313
Utilities
$710
Heating + cooling$193
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$158
$21,103/mo TLC
Budget$21,603/mo
Remaining after TLC$500/mo
Purchase price
$3,500,000
Down payment
$175,000 (5%)
Loan amount
$3,325,000
APR
4%

Quick facts

Type
Single Family Residence
Style
Other (See Remarks)
Year built
1963
Lot size
0.09 ac
Stories
0
Heating
Central
Cooling
Central Air
Water
Public
HOA
Annual tax
$16,519
MLS #
73221252
County
Middlesex

At a glance

Air conditioning

Home features

Sewer
Public Sewer

Lot features

Level

Neighborhood — 02138

MetricThis ZIPCountyUSA
Population32,1486,444,931299,088,112
Population Change Since19905.00%7.00%20.00%
Population Density10,463786
Male15,3663,127,134147,432,321
Female16,7823,317,797151,655,844
Never Married15,9191,612,88563,775,926
Married8,2812,586,314123,120,365
Separated2,116247,85712,639,686
Widowed1,032363,59415,467,586
Divorced1,903436,88823,075,029
Number Of House Hold12,6872,431,591111,826,380
Average House Hold Size1.892.562.60
Medial Age29.9437.2535.46
Median House Hold Income$62,981$57,698$48,276
Average House Hold Income$96,355$75,023$63,629
P C I$45,088$29,196$24,529
M D I$52,174$48,105$41,133
A T H E$68,094$57,083$50,898
S T R5.00%5.00%
W C J85.75%81.38%77.74%
(Zip) Code
2138

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/8/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.