1 month on rocket

231-235 Third St, Cambridge, MA, 02142

$4,250,000

0.13 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #73305930
Lot Size0.13 Acres
StatusActive

About 231-235 Third St

19-unit development opportunity in the heart of Kendall Square. Situated near MIT and in close proximity to the Red and Green T lines, with quick access to Beacon Hill, Mass General, and Harvard Square. Surrounded by global leaders like Google, Microsoft, Amazon, Pfizer, and Biogen, this prime location offers immense potential for high-end residential living. The demand for housing in this area is constant, making this project an excellent investment for developers. With approvals in place, this is an incredible opportunity to build in a thriving neighborhood with exceptional growth and ROI potential. Don’t miss your chance to develop in one of the most dynamic markets in the world.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (617) 303-0067
  • Listing Agent: Denman Drapkin Group

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: Located in the heart of Kendall Square

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,250,000
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Housing Market Comparison

See how this home compares to others in Cambridge, MA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$910

Avg. Days On Market

52

# of Sold Homes

41

231-235 Third St vs Cambridge

58 DAYS ON ROCKET

+6 Days

$4,250,000

+$3.0M More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price in Cambridge, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73305930

Listing Office:

  • Office Name: Compass
  • Office Phone: (617) 303-0067
  • Listing Agent: Denman Drapkin Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$21.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.8K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-772121
5
/10
  • Kennedy-Longfellow

  • 158 Spring St

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-772122
5
/10
  • Harvard / Kent Elementary School

  • 50 Bunker Hill St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-772123
4
/10
  • King Open

  • 850 Cambridge St

  • 0.99 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,000. The most common annual income of people living in Cambridge, MA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 231-235 Third St

What is the listing price of this property?

The listing price of 231-235 Third St property is $4,250,000.

What type of property is this?

The property 231-235 Third St is land located in Cambridge, Massachusetts, 02142.

Is this property for sale now?

Active Listing: 231-235 Third St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 231-235 Third St is 0.13 acres.
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Rocket HomesMassachusettsMiddlesex CountyCambridge02142231-235 Third St

This home is located at 231-235 Third St in Cambridge, MA and zip code 02142 in the East Cambridge neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $4,250,000.

Over 14 listings were sold over their listed price in November 2024 in Cambridge, MA. In the same period over 22 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Cambridge, MA decreased by 15.9% between October 2024 and November 2024. Listings spent 52 days on the market in November 2024, and had a median list price of $1,157,666 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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