Active
2 Days on market
281 Concord Ave Cambridge — Photo 1 of 19

281 Concord Ave Cambridge — Photo 1 of 19

$3,350,000

Investment Analysis — 281 Concord Ave

Cambridge, MA 02138 — Neighborhood 9

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02138 carries an estimated $5,070/mo in gross rent — about a 0.66% cap rate and $22,198/yr in estimated NOI at the $3,350,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

4

SqFt

3,278

Style

Single Family

Built

1926

OPEN HOUSE: SAT 9/19 & SUN 9/20, 11:30 AM–1:00 PM. Located just outside Harvard Square in West Cambridge, this dramatic contemporary residence is defined by exceptional volume, natural light, and seamless indoor-outdoor living. The main living area is entirely at ground level, with zero stairs required, and a primary suite on each level—offering exceptional flexibility for multigenerational living. Soaring ceilings of approximately 14 feet and a long wall of south-facing windows create an extraordinary sense of scale and light. The kitchen, dining, and living spaces flow together and open directly to a private rear garden patio, creating a peaceful, Zen-like setting and a generous indoor-outdoor space for entertaining. Inside, warm natural materials are layered with moody, saturated color. A dramatic glass wall along the staircase and upper hallway, complemented by skylights above, draws light deep into the home and creates a striking transparency between levels. Expansive yet intimate, the home combines dramatic architectural volume, flexible living, and a peaceful connection to the garden. Originally gut-renovated in 2016 and thoughtfully converted to residential use in 2026.

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 3,278 sq ft principal dwelling). Lot size: 4,030 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

Original Price$3,350,000
Annual Taxes$24,040

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms7
FireplacesNone
FlooringHardwood
BasementUnfinished

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningBA-1

Property & Lot

Acres0.09
SqFt Lot4,030
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater

Neighborhood

Public Transportation • Shopping • Park • Bike Path • Conservation Area • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBedroom 3Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Office
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl First
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Shower Stall

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - With Shower Stall

Property History

Listed
$3,350,000

Sep 18, 2026

MLS® 73579563

Expired
$3,150,000

Mar 13, 2026

MLS® 73468683

Expired
$3,150,000

Mar 13, 2026

MLS® 73468684

Expired
$3,150,000

Mar 13, 2026

MLS® 73468685

Listed
$3,150,000

Jan 14, 2026

MLS® 73468683

Listed
$3,150,000

Jan 14, 2026

MLS® 73468684

Listed
$3,150,000

Jan 14, 2026

MLS® 73468685

Terminated
$3,500,000

Feb 25, 2025

MLS® 73221252

Listed
$3,500,000

Apr 8, 2024

MLS® 73221252

Listing Provided By

Listing Agent: Edmund Wong

Listing Office: New Year Realty

MLS® Number: 73579563