116 Reed Street

Sold 6/11/18
Sold 6/11/18
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Last Sold Price
$730,000
2 beds1,560 sqft$468/sqft
116 Reed St, Cambridge, MA 02140

Description

Only half a mile to the red line... Two Family with EAT IN KITCHENS... Both units have semi modern cabinet kitchens and semi modern baths. Both units are one bedroom. Overall solid two family home in good condition. Hardwood Oak Floors. Two car off street non tandem parking. Quiet North Cambridge neighborhood. Full basement with all separate systems. First floor lease expires at the end of this month and the second floor expires at the end of August next year. Easy access to transportation and highways....Only half a mile to the red line... Two Family with EAT IN KITCHENS... Both units have semi modern cabinet kitchens and semi modern baths. Both units are one bedroom. Overall solid two family home in good condition. Hardwood Oak Floors. Two car off street non tandem parking. Quiet North Cambridge neighborhood. Full basement with all separate systems. First floor lease expires at the end of this month and the second floor expires at the end of August next year. Easy access to transportation and highways. Expect this to go quick!
LISTING CLOSED: 06/11/2018 12:00 AM

  1. Listed by The Steve Bremis Team • Steve Bremis Realty Group
  2. Listed by Stephen Bremis • Steve Bremis Realty Group

Property Details for 116 Reed Street

Status
Sold
MLS #
72207711
Days on Market
114
Taxes
$3,548 / year
HOA Fees
-
Property Type
Multi Family
MLS Type
Multi-family / 2 Family
Year Built
1869
County
Middlesex County
Town
Cambridge
Area
MA-Cambridge
Garage Spaces
0
Parking Spaces Total
2

Recent comparable sales

Median sold price

$960,000

Avg days on market

38

Sale-to-list ratio

98.1%

[Cambridge, MA]

9 comparable properties found

$840,000 | 22 Cottage Park Avenue, Unit 1, Cambridge, MA 02140
1/30
1

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293 Rindge Avenue, Unit 2, Cambridge, MA 02140

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3

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Bedrooms
1,458
Square Feet
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Acres

676 Huron Avenue, Unit 38, Cambridge, MA 02138

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Bedrooms
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Square Feet
Unavailable
Acres

116 Chestnut Street, Unit 2, Cambridge, MA 02139

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Acres

2427 Massachusetts Avenue, Unit 4, Cambridge, MA 02140

a front view of a building and car parked
1/43
6

$1,095,000

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Bedrooms
1,433
Square Feet
Unavailable
Acres

2427-2429 Massachusetts Avenue, Unit 4, Cambridge, MA 02140

7

$1,250,000

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Bedrooms
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Acres

175 Richdale Avenue, Unit 102, Cambridge, MA 02140

$900,000 | 10 Fresh Pond Place, Unit 10, Cambridge, MA 02138
1/19
8

$900,000

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Bedrooms
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Square Feet
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Acres

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$1,300,000 | 47 Bay State Road, Unit 1, Cambridge, MA 02138
1/22
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Square Feet
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Acres

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Location

Listing Courtesy of Steve Bremis Realty Group, The Steve Bremis Team; Steve Bremis Realty Group, Stephen Bremis

Sold By Steve Bremis Realty Group, The Steve Bremis Team

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Building Information for 116 Reed Street

Stories2Residences2Year Built1869Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

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$4,006 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,711

Property Taxes

$296

HOA Dues

$0

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Property Information for 116 Reed Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park
  • Current Financing: Conv. Fixed
  • Living Area: 1560.0
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Interior Features: Living Room, Kitchen
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 100 Amp Service
  • Heating: Oil, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:00190 L:00118,413344
  • Assessments: $546,700
  • Book: 30840
  • Tax Year: 2017
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Levels: 2
Income / Expenses
  • GOI: $34,800.00
  • NOI: $34,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.125
  • Other Agent Compensation: 2.125

Property History for 116 Reed Street

DateEvent & SourcePriceAppreciation
Jun 11, 2018

Sold (Public Record)

Public Record #624595364

$730,000—
Jun 11, 2018

Sold

MLS PIN #72207711

$730,000—
Nov 10, 2017

Under Agreement

MLS PIN #72207711

—
DateEvent & SourcePrice
06/11/2018

Sold (Public Record)

Public Record #624595364

$730,000
06/11/2018

Sold

MLS PIN #72207711

$730,000
11/10/2017

Under Agreement

MLS PIN #72207711

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Reed Street

Taxable ValueLand$488,800Additions$207,300Total$696,100
Tax Record2020$4,003 ($334 / month)
Home Facts
Baths2Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtUnfinished Basement SqFt779 SqFtStories2Lot Size3,000 SqFtStyleDuplexYear Built1869ZoningBCountyMIDDLESEXAPNCAMB M:00190 L:00118

Schools near 116 Reed Street

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Peabody School
Public - PK to 5
Rindge Avenue Upper School
Public - 6 to 8
Cambridge Rindge and Latin School
Public - 9 to 12
Vassal Lane Upper School
Public - 6 to 8
Rating
School
Distance
Peabody School
PublicPK to 5

Rindge Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Vassal Lane Upper School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 116 Reed Street, Cambridge, MA 02140
$730,000
2
1,560
3,000
116 Reed Street, Unit 2, Cambridge, MA 02140
$810,000
2
1,150
–
120 Reed Street, Cambridge, MA 02140
$572,500
4
1,808
3,000
110 Reed Street, Cambridge, MA 02140
$1,050,000
4
1,795
2,499
114 Reed Street, Cambridge, MA 02140
$180,000
4
2.5
1,756
3,000
122 Reed Street, Cambridge, MA 02140
$1,601,000
4
2,046
3,000

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steve Bremis Realty Group, The Steve Bremis Team; Steve Bremis Realty Group, Stephen Bremis

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.