Last Sold Price
6 beds3,319 sqft$490/sqft

Description

Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense...Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense flexibility for the next owner. The 2-car garage and deep lot add more utility and potential to this offering. Located just off Mass Ave. in close proximity to Porter & Davis Sq. along with Alewife there are many shops, restaurants and eateries at a stone's throw away. Group showings will be Fri 8/9 - Mon 8/12 from 12-1p and need to be confirmed with list agents. Seller may be willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.
LISTING CLOSED: 09/23/2024 12:00 AM

  1. Listed by Max Dublin Team • Gibson Sotheby's International Realty
  2. Listed by Max Dublin • Gibson Sotheby's International Realty
  3. Listed by Katherine Tolman • Gibson Sotheby's International Realty

Property Details for 56 Rice Street

Status
MLS #
73274780
Days on Market
7
Taxes
$8,918 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family - 2 Units Up/Down
Year Built
1898
Town
Cambridge
MLS Area
North Cambridge
Area
MA-Cambridge-North Cambridge, MA-Cambridge
Garage Spaces
2
Open Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Gibson Sotheby's International Realty, Max Dublin Team; Gibson Sotheby's International Realty, Max Dublin; Gibson Sotheby's International Realty, Katherine Tolman

Sold By Gibson Sotheby's International Realty, Max Dublin Team

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Building Information for 56 Rice Street

Stories3Residences2Year Built1898Building Size-Lot Size0.13 AC / 5,562 SF

Payment Calculator

$9,003 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,260

Property Taxes

$743

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 56 Rice Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
  • Current Financing: Cash
  • Living Area: 3319.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Estate sale: owner has never lived in the house and has limited knowledge about age or history of anything.
Tax Information
  • Tax ID: M:00196 L:00059,414051
  • Assessments: $1,465,400
  • Book: 0
  • Tax Year: 2024
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 0
  • Other Agent Compensation: 0

Property History for 56 Rice Street

DateEvent & SourcePriceAppreciation
Sep 23, 2024

Sold

MLS PIN #73274780

$1,625,000
Aug 13, 2024

Under Agreement

MLS PIN #73274780

Aug 13, 2024

Contingent

MLS PIN #73274780

DateEvent & SourcePrice
09/23/2024

Sold

MLS PIN #73274780

$1,625,000
08/13/2024

Under Agreement

MLS PIN #73274780

08/13/2024

Contingent

MLS PIN #73274780

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

Public Records for 56 Rice Street

Taxable ValueLand$657,500Additions$808,700Total$1,466,200
Tax Record2025$9,310 ($776 / month)
Home Facts
Baths3Total Finished SqFt2,748 SqFtAbove Grade Finished SqFt2,748 SqFtUnfinished Basement SqFt1,011 SqFtStories2Lot Size5,562 SqFtStyleDuplexYear Built1898ZoningBCountyMIDDLESEXAPNCAMB M:00196 L:00059

Schools near 56 Rice Street

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Peabody School
PublicPK to 5

Rindge Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Graham and Parks School
PublicPK to 5

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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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 Gibson Sotheby's International Realty, Max Dublin Team; Gibson Sotheby's International Realty, Max Dublin; Gibson Sotheby's International Realty, Katherine Tolman

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.