17 Locust Terrace #1 Cambridge — Photo 1 of 24
$789,000
Investment Analysis — 17 Locust Terrace #1
Cambridge, MA 02138
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02138 carries an estimated $4,230/mo in gross rent — about a 4.14% cap rate and $32,695/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,018
Style
Condominium
Built
1910
Tucked away at the end of a private terrace in Strawberry Hill, sits this much loved, well maintained, private condo that awaits new owners. Recently updated open kitchen/living area, new rear deck, and all new snug Harvey windows. The kitchen is appointed with a fabulous pantry / coffee bar, stone counters and a functional island, providing an ideal setting for culinary endeavors and casual dining. Original wood trim, doors and built-in cabinet add character, and ample closet and basement space provide plenty of storage. Enjoy a lovely, private rear deck for morning coffee and bird watching, and a lush shaded yard for puttering. 5 min walk to Fresh Pond and playgrounds in one direction, and in the opposite direction are Star Market, Sofra Cafe, Mt Auburn Cemetery, and buses to Harvard. 15 min walk to Huron Village, and all the amenities of Fresh Pond Mall. Easy and plentiful parking too! Tranquility abounds in your own private corner of Cambridge.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
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Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
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Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBathroom 1
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$789,000
Sep 17, 2026
MLS® 73577535
$347,000
Jun 7, 2011
MLS® 71242840
$359,000
Jun 2, 2011
MLS® 71242840
Listing Agent: Cathy Ricci
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73577535
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