new - 4 days on rocket

492 Putnam Ave, Cambridge, MA, 02139

$2,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,740 SqFt
$911/SqFt
House

Location

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492 Putnam Ave, Cambridge$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Street, Assigned, Paved
Year Built1873
HeatingCentral, Heat Pump, ENERGY STAR Qualified Equipment
CoolingCentral Air, Heat Pump, ENERGY STAR Qualified Equipment
BasementYes
MLS #73290692
Lot Size2.30 Acres
StatusActive

About 492 Putnam Ave

Nestled in a prime location, this stunning 4-bed, 3.5-bath home epitomizes modern luxury and urban convenience. Just minutes from Central and Harvard Squares, MIT, and the beautiful Charles River. The open-concept first floor seamlessly blends aesthetic appeal with functionality, featuring high ceilings and large windows that flood the space with natural light. The chef's kitchen is a culinary dream, boasting state-of-the-art appliances, sleek cabinetry, and a spacious island, with a convenient walk-out to a private backyard oasis perfect for relaxation. The lower level is designed for versatile entertainment, featuring a bedroom, full bath, and a wet bar. Upstairs, the luxurious primary suite offers cathedral ceilings, a walk-in closet, and a serene ensuite bath, accompanied by additional well-appointed bedrooms. This eco-friendly home is close to Trader Joe’s, Whole Foods, the Red Line, and numerous outdoor amenities, offering the perfect blend of luxury and convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1873
  • Living Area: 2,740 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Water Heater, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, Wine Cooler, ENERGY STAR Qualified Dishwasher, Range
  • Basement: Yes
  • Flooring Type: Tile, Vinyl, Engineered Hardwood
  • Interior: Bathroom, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fenced Yard

Parking Information:

  • Parking: Off Street, On Street, Assigned, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 2.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, ENERGY STAR Qualified Equipment
  • Cooling: Central Air, Heat Pump, ENERGY STAR Qualified Equipment

School Info

Assigned Schools Information:

  • Cambridge Rindge and Latin, Public District Grades 9-12
  • Amigos School, Public District Grades PK-8
  • Morse, Public District Grades PK-5
  • Martin Luther King Jr., Public District Grades PK-5
  • Fletcher/Maynard Academy, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of Putnam Ave and Pearl St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $911/SqFt

HOA Fees:

  • Amount: $50
  • Frequency: Monthly
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Housing Market Comparison

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

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Cambridge, MA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$908

Avg. Days On Market

32

# of Sold Homes

56

492 Putnam Ave vs Cambridge

4 DAYS ON ROCKET

-28 Days

$2,495,000

+$1.3M More

$911/SqFt

+$2 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $2/SqFt more than other homes in Cambridge, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73290692

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: 9/20/2024, 10:20:48 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

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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.

Elementary School

school-card-donut-164917
4
/10

  • Morse

  • 40 Granite St

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-164918
8
/10

  • Martin Luther King Jr.

  • 359 Broadway

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-164919
5
/10

  • Fletcher/Maynard Academy

  • 225 Windsor St

  • 0.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-164920
8
/10

  • Amigos School

  • 15 Upton St

  • 0.31 miles

  • Public District Grades PK-8

High School

school-card-donut-164921
6
/10

  • Cambridge Rindge and Latin

  • 459 Broadway

  • 1.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,148. Typical income of Cambridge, MA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 492 Putnam Ave

What is the listing price of this property?

The listing price of 492 Putnam Ave property is $2,495,000.

What type of property is this?

The property 492 Putnam Ave is a house located in Cambridge, Massachusetts, 02139.

Is this property for sale now?

Active Listing: 492 Putnam Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 492 Putnam Ave are:
Morse: GreatSchools Rating 4/10
Martin Luther King Jr.: GreatSchools Rating 8/10
Fletcher/Maynard Academy: GreatSchools Rating 5/10
Amigos School: GreatSchools Rating 8/10
Cambridge Rindge and Latin: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 492 Putnam Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 492 Putnam Ave is 2,740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 492 Putnam Ave is 1873.

Rocket Homes›Massachusetts›Middlesex County›Cambridge›02139›492 Putnam Ave

This home is located at 492 Putnam Ave in Cambridge, MA and zip code 02139 in the Cambridgeport neighborhood. This 2,740 square foot home, which was built in 1873, sits on a 2.30 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $2,495,000.

Over 24 listings were sold over their listed price in August 2024 in Cambridge, MA. In the same period over 17 listings were sold below the listed price and 15 listings were sold for the listed price. The inventory of homes for sale in Cambridge, MA between July 2024 and August 2024 decreased by 16.4%. The median list price of listings available in August 2024 was $1,125,591, while the average time on the real estate market was 32 days.

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

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