
222 Putnam Ave Cambridge — Photo 1 of 36
$3,549,500
Investment Analysis — 222 Putnam Ave
Cambridge, MA 02139 — Riverside
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02139 carries an estimated $5,300/mo in gross rent — about a 1.09% cap rate and $38,787/yr in estimated NOI at the $3,549,500 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4.5
SqFt
3,875
Style
Single Family
Built
1887
STUNNING LUXURY RENOVATION in historic Cambridgeport! 222 Putnam Ave offers sophisticated living space across 4 levels, ideally situated steps from Central Square, Harvard, MIT, & the scenic Charles River. This 6 BR, 4.5 BA single-family residence features sleek high-end finishes, rich hardwood floors, & custom designer lighting throughout. The gourmet open-concept kitchen boasts custom cabinetry, a massive waterfall island, & top-of-the-line stainless appliances, flowing into a sunlit living room anchored by a modern fireplace. The serene primary suite includes a walk-in closet & spa-inspired bath with a soaking tub and glass-enclosed tile shower. An expansive fully finished lower level offers versatile living with a recreation room, wet bar, additional bedroom, & full bath. Complete with central heat/AC and paved tandem parking for up to 4 cars. Enjoy an unbeatable lifestyle in a Walker & Biker’s Paradise! Live moments from Magazine Beach Park & outdoor pool, Whole Foods, Trader Joe’s, vibrant Central Sq dining, the Red Line T, and major biotech hubs. Exceptional urban luxury!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,875 sq ft principal dwelling). Lot size: 3,183 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Dishwasher • Microwave • Range • Refrigerator
Neighborhood
Public Transportation • Park • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.583333333 x 17.083333333
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First10.416666666 x 11.916666666
Flooring - Hardwood, Recessed Lighting
Kitchen
Lvl First16.166666666 x 2.25
Flooring - Hardwood, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Lighting - Pendant
Family Room
Lvl Third13.166666666 x 11.833333333
Flooring - Hardwood, Recessed Lighting
Primary Bedroom
Lvl Second15.333333333 x 11.916666666
Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second11.416666666 x 9.666666666
Bedroom 3
Lvl Third10.916666666 x 10.583333333
Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl Third10.916666666 x 10.083333333
Flooring - Hardwood, Recessed Lighting
Bedroom 5
Lvl Third13.166666666 x 6.833333333
Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl First2.916666666 x 7.833333333
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8.583333333 x 15
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting
Bathroom 3
Lvl Second9.25 x 10
Bathroom - Full, Flooring - Stone/Ceramic Tile, Recessed Lighting
Listing Agent: Nichols Realty Team
Listing Office: MIG
MLS® Number: 73578733
Open Houses
Related Insights

Cambridge Bridge Loans: Buy Before You Sell?

Cambridge Move-Up Buyers Compete With Developers

Cambridge Condo-to-House Ladder for Move-Up Buyers

Cambridge’s Balanced Market Mirage for Move-Up Families

Cambridge Upzoning Favors Apartments Over Family Homes

Cambridge Condos Average $1,247,991; Houses $3,536,250

Massachusetts Move-Up Families Hit the 65% Equity Wall
