8 days on rocket

56 Spring Unit 1, Cambridge, MA, 02141

$799,000

Home List Price

$9,488*

Closing Credit

2 Bedrooms
1 Full Bath
960 SqFt
$832/SqFt
Condo

Location

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56 Spring Unit 1, Cambridge$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1886
HeatingBaseboard
CoolingWindow Unit(s)
MLS #73292928
StatusActive

About 56 Spring Unit 1

A Single-family home for the price of a Condo in a highly sought-after neighborhood only a few blocks to the Global Biotech Hub in Central Square, a 1/2 mile to Boston & Green Line / Red Line public transportation options make this an IDEAL LOCATION to call HOME. This home is ready for someone to bring their own personal touches too and get additional equity from doing so. The first level features a kitchen, living room, while the second level has two bedrooms & a full bath, offering the perfect canvas for homeowners to design their dream house and bulid out the lower level for additional living space bring the interior to over 1400SF of living. Homes sales in the area are getting over $1.3 million and some fetching over $1000/PPSF. This home is ideally situated within a short walk to the Lechmere Green Line & the Global Biotech Hub of Kendall Square with the Charles River nearby too for biking, running & walking. No Condo Fee and low taxes of under $1800/annually if owner occupied.

Property Details

Property Features

Property Information:

  • Year Built: 1886
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (617) 303-0067
  • Listing Agent: Donahue + Greene Group

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Fenced Yard

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Cambridge Rindge and Latin, Public District Grades 9-12
  • Amigos School, Public District Grades PK-8
  • Kennedy-Longfellow, Public District Grades PK-5
  • Fletcher/Maynard Academy, Public District Grades PK-5
  • Cambridgeport, Public District Grades PK-5

Other

Directions Information:

  • Directions: 56 Spring Street in GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $832/SqFt
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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

56 Spring Unit 1 vs Cambridge

8 DAYS ON ROCKET

-24 Days

$799,000

-$326.5K Less

$832/SqFt

-$77 Less

KEY TAKEAWAY

This property is $326.5K less than the Median Sold Price and $77/SqFt less 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: #73292928

Listing Office:

  • Office Name: Compass
  • Office Phone: (617) 303-0067
  • Listing Agent: Donahue + Greene 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: 9/28/2024, 11:20:48 AM 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.

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$4,055

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-1299158
3
/10

  • Kennedy-Longfellow

  • 158 Spring St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-1299159
5
/10

  • Fletcher/Maynard Academy

  • 225 Windsor St

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-1299160
6
/10

  • Cambridgeport

  • 89 Elm St

  • 0.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1299161
8
/10

  • Amigos School

  • 15 Upton St

  • 1.49 miles

  • Public District Grades PK-8

High School

school-card-donut-1299162
6
/10

  • Cambridge Rindge and Latin

  • 459 Broadway

  • 1.58 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 $74,658. Most Cambridge, MA residents have annual incomes between $35k-100k. 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 56 Spring Unit 1

What is the listing price of this property?

The listing price of 56 Spring Unit 1 property is $799,000.

What type of property is this?

The property 56 Spring Unit 1 is a condo located in Cambridge, Massachusetts, 02141.

Is this property for sale now?

Active Listing: 56 Spring Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 56 Spring Unit 1 are:
Kennedy-Longfellow: GreatSchools Rating 3/10
Fletcher/Maynard Academy: GreatSchools Rating 5/10
Cambridgeport: GreatSchools Rating 6/10
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 56 Spring Unit 1 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 56 Spring Unit 1 is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 56 Spring Unit 1 is 1886.

Rocket Homes›Massachusetts›Middlesex County›Cambridge›02141›56 Spring Unit 1

This home is located at 56 Spring Unit 1 in Cambridge, MA and zip code 02141 in the East Cambridge neighborhood. This 960 square foot home was built in 1886. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $799,000.

In August 2024, from all listings sold in Cambridge, MA there were more than 24 sold above asking price, over 17 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Cambridge, MA decreased by 16.4% between July 2024 and August 2024. 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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