CCertihomes
975 Memorial Dr #1008, Cambridge, MA 02138

$12,000,000

4 beds 4 baths 3,894 sqft Built 19864 days on marketActive

About this home

Rare opportunity to own a sophisticated and spacious penthouse unit at The Residences at Charles Square, featuring two large private terraces with breathtaking views of the Charles River and the Boston skyline. Located on the 10th floor with direct elevator access, this four-bedroom unit offers luxurious living space on one level encompassing 3, 984 square feet, providing an ideal retreat in the heart of vibrant Harvard Square. Completely remodeled with the highest level of finishes and design, this unit offers striking light-filled living and entertaining spaces. For those working from home, the unit has two stylish and well-appointed offices with custom built-ins. Connected to the Charles Hotel, this home offers abundant amenities including access to the newly remodeled hotel gym, Corbu Spa, Conference Center, and three fantastic restaurants. Welcome to exceptionally high-quality living near Harvard University, renowned cultural and academic institutions, restaurants, and shopping.

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
$80,559/mo

Real estate (PITI + HOA + PMI)
$94,453
Principal + interest$54,425
Property tax + insurance$25,603
HOA$9,925
PMI / 2nd mortgage$4,500
Utilities
$664
Heating + cooling$195
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$158
$80,559/mo TLC
Budget$81,059/mo
Remaining after TLC$500/mo
Purchase price
$12,000,000
Down payment
$600,000 (5%)
Loan amount
$11,400,000
APR
4%

Quick facts

Type
Condominium
Style
Year built
1986
Lot size
Stories
1
Heating
Forced Air, Heat Pump
Cooling
Central Air
Water
Public
HOA
$9,925 / Monthly
Annual tax
$58,061
MLS #
73223462
County
Middlesex

At a glance

Air conditioning
Basement
Garage (3)
Balcony
Waterfront

Home features

Interior
ClosetCloset/Cabinets - Custom BuiltWet barOfficeMedia RoomFoyer
Exterior
Balcony / DeckBalcony
Community
Public TransportationShoppingParkMedical FacilityPrivate SchoolPublic SchoolUniversity
Parking
Under
Kitchen
Flooring - Stone/Ceramic TileBalcony - ExteriorKitchen Island
Security
Concierge
Flooring
Flooring - Hardwood, Wood
Roof
Rubber
Sewer
Public Sewer

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 4/12/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.