How Much Does a Two-Bedroom Cambridge Condo In a Building Cost? | Centers And Squares

Welcome to Centers and Squares

As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

How Much Does a Two-Bedroom Cambridge Condo In a Building Cost?

Have you wondered how much a two-bedroom Cambridge condo costs?

If you’re thinking of buying real estate in Cambridge you’ll want to get an idea of what you get for the money.  You’ll also want to think about housing styles – condo or house; condo in a house or condo in a building; townhouse or flat, etc.

Cambridge and surrounding towns have many condos in converted two- or three-family houses – the “2/3 family”  style in the MLS that often mystifies buyers.  Many condo buyers like this style – the condos are often charming, you may get a yard or shared outdoor space, and you’ll get to know your neighbors well.

Ofter Cambridge condo buyers prefer to look for condos in buildings.  Sometimes it’s because of the amenities – an elevator, garage parking, or exercise facilities for example. Others prefer a larger building because there’s a management company and sometimes even building staff.  Condo buildings in Cambridge span the decades – from charming turn-of-the-century  buildings to modern high-rises.

Today we’ll look at Cambridge condos in buildings with ten or more units.

How Much Does a Two-Bedroom Cambridge Condo In a Building Cost?

In 2011, 144 two-bedroom condos sold in Cambridge in complexes with ten or more units.  Sale prices ranged from $205,000 to $3,150,000. 

At the low end of the price range, $205,000 bought a 683 sq.ft. two-bedroom condo  in a 1965 brick building near the Alewife T.  It’s the sort of building commonly built in the 1960s and 1970s – a brick box with a dozen units in what I think of as a split-level configuration. When you walk in the front door there are half a dozen stairs going up to the second floor and half a flight down to the first floor.  The condo that sold for $205,000 was on the first level, partially below grade, and came with one parking space.

At the other end of the spectrum, for $3M+ you could have bought an expansive 2700 sq.ft. two-bedroom condo with 2.5 baths in a luxury condo building in Harvard Square.  The condo. part of the Residences at Charles Square, had private gardens, two garage spaces, and acess to the amenities of the adjacent Charles Hotel, including the pool and room service.

But what’s the average Cambridge two-bedroom condo cost?  For that, we’ll look at the median price in 2011.  The median price for a two-bedroom Cambridge condo in a building with 10+ units was $$452,500 in 2011.  Here are some examples of two-bedroom units that sold at that price point:

Two-bedroom condo at 205 Richdale Ave

Two-bedroom condo at 205 Richdale Ave

A two-bedroom condo with 1.5 baths and one garage space sold at 205 Richdale Ave in Cambridge near Porter Square for $450,000.  The condo, a two-level walk-up, was on the 3rd and 4th floors. The 40-unit complex was built in the late 1980s.  The kitchen had its original white cabinets and counters with a new range and microwave.  There was a deck off the dining area and central air conditioning in this 1290 sq.ft. condo.

 

 

Kitchen in a two-bedroom Cambridge condo

Kitchen in a two-bedroom Cambridge condo

At 369 Franklin Street, near Central Square in Cambridge, a two-bedroom, two-bath condo sold for $450,000.  The 18-unit building was constructed in 2003 and has an elevator, small exercise room, and garage parking.  The 884 sq.ft. condo had central air conditioning, in-unit washer/dryer, and stainless steel appliances and granite counters in the kitchen.

 

 

 

Two bedroom Cambridge condos on Newport Road

Two bedroom Cambridge condos on Newport Road

A two-bedroom condo with one bath sold on Newport Road in Cambridge for $455,000.  The Newport Road Condos in Porter Square were built in the early 1900s. This unit was a third floor walk-up and had rental parking and in-unit laundry.  Like the other condos in this complex, the 1142. sq.ft. condo was very charming with a fireplace, high ceilings, hardwood floors, and good closets for a building of this period.  The kitchen had been redone at some point with modern cabinetry and counters.

 

You can see all available 2+ bedroom Cambridge condos for sale by clicking the link below.  If you see something you like or have questions about buying real estate in Cambridge or nearby – give me a call at 617-504-1737 or contact me by email

Liz Bolton, ReMax Destiny, Cambridge

SEARCH FOR TWO-BEDROOM+ CAMBRIDGE CONDOS FOR SALE

 

Categories: Real Estate Market Info
Tags:

Leave a Reply

Copyright © 2008 - 2012 Centers And Squares     Agent Login     Design by Real Estate Tomato     Powered by Tomato Real Estate Blogs

Real Estate Tomato