Real Estate Cambridge

112 Walden is now SOLD. Located in West Cambridge between Porter Square and Raymond Park, 112 Walden is a gracious 3-bedroom, 2-bath residence on the top two floors. This home is nicely situated high above the street. The private entrance to 112 Walden is located off the front porch, being one of just two units in the building. One very nice feature of 112 Walden is that it enjoys its own front porch on the second floor. The private porch is accessible from the front study, with windows… more

42 Winter #3 is now SOLD. This is a sun-splashed top floor corner unit with two bedrooms PLUS a separate study and two full bathrooms. It is located in East Cambridge, close to the Green Line at Lechmere with service to Boston. Situated at the corner of Winter Street and Sciarappa, 42 Winter is part of a well-maintained nine-unit building. Seven of the nine units are owner-occupied. In addition to easy access to the T, 42 Winter #3 is close to Gold Star Mothers Park, an… more

  1. Determine how much to spend. Discover a clear sense of your financial self or selves - Where is your cash and what is required to tap it for a home purchase? - Most buyers will need to secure a loan (a mortgage) to purchase. Get a loan preapproval letter from a bank or mortgage lender or mortgage broker. - Determine your price range. Essential first step. Look to buy A) what you can afford B) and are willing to spend What are the costs of ownership? Loan – monthly payment x 12 Property taxes – In Cambridge in 2011, annual tax rate is $8.16 per $1,000 of… more

Stats for Cambridge residential real estate in 2010 compare favorably with those for 2009, underlining the strength and stability of the Cambridge market. These numbers are for sales of single families, multi-families, and condominiums – the three types of residential real estate in Cambridge. Figures from MLS for MLS sales. Cambridge Residences SOLD: +2% 2010: 850 SOLD 2009: 832 SOLD Days on Market (DOM) in Cambridge: Level 2010: 80 DOM 2009: 79 DOM Average Sale Price (ASP) in Cambridge: +10% 2010 ASP: $620,475 2009 ASP: $559,197 Median Sale Price in Cambridge: +5.4% 2010 Median: $465,000 2009 Median: $440,000 Cambridge Seller’s yield on original list price: PAR 2010: Seller’s averaged 95% of original list… more

16 Chauncy Street – Enjoy the luxury of living ten minutes from Harvard Yard in a handsome brick elevator building located on a pleasant side street between Harvard & Porter Squares. Notable among the residents of 16 Chauncy Street over the years is author Vladimir Nabokov. In her book on the history of 16 Chauncy, authore and former 16 Chauncy resident Ann Petrone notes that in 1956, Nabokov lived  in unit 10, shortly after the publication of Lolita. Nabokov’s time in residence here is duly noted by a plaque near the entrance to the building: The Blackall family bought… more

3 and 5 Watson are two newly renovated (2010) attached townhouse condominiums in Central Square at 3 Watson Street and 5 Watson Street. The premiere residence is 3 Watson Street, which features a driveway for two-car tandem parking and is located on the right side of the building adjacent to an open field, allowing for more air and light.  This residence sold in August 2010 for $775,000. 5 Watson sold in December 2010 for $673,000. Both townhomes at 3 and 5 Watson Street feature 3… more

Earlier today I posted my Cambridge MA 2010 Fall Market Report on Tumblr. See my report on Cambridge Real Estate on Tumblr. If you are considering buying or selling in Cambridge, I am here to help. I can be reached at ccherney@hammondre.com or 617-733-8937. I am a Harvard graduate, a Cambridge resident and a top broker in the city since 1999. To gain instant access to photos and descriptions of all MLS properties now for sale in … more

24 Bay State Road is located close to Fresh Pond Reservoir. It is a modern elevator building with garage parking built in 2006 according to the online assessor’s database for the city of Cambridge. Most units have one or two bedrooms. Highlights include good ceiling height, in-unit laundry, and lots of natural light. In June 2010 a fourth floor unit is reported to have SOLD for $415,000 The unit features two bedrooms, one bath and 1,032 square feet of living area. There is garage parking for one car. In March 2010,… more

1-3-5-7 and 2-4-6-8 Newport Road and 1783 Mass. Ave make up the Newport Road Condo Association, located close to the heart of Porter Square. The association is made up of four-story yellow brick buildings (with addresses at 1-3-5-7 & 2-4-6-8 Newport Road and 1775 & 1783 Mass. Ave.) It is reported that the association consists of 83 units. Recently SOLD  in June 2010 is a unit at 7 Newport Road for $501,000.  It is reported that this unit features 2 bedrooms, 1 bath and 1,104 sq… more

2 &4 Avon Street is a 16-unit stucco building close to the Harvard Quad and just outside Harvard Square. The building sits at the corner of Shepard Street and Avon Street. On February 2, 2010, a top floor corner unit with two bedrooms and one bath was listed for sale for $415,000. Features include maple floors and a private balcony. On March 10, 2010, it was reported in MLS that this unit sold for $427,500. If you are considering buying or selling at 2-4 Avon Street or elsewhere in Cambridge, I am here to help. I can be… more