33 Fenno Street Cambridge — Photo 1 of 24
$1,485,000
Investment Analysis — 33 Fenno Street
Cambridge, MA 02138 — Neighborhood 9
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02138 carries an estimated $5,600/mo in gross rent — about a 2.85% cap rate and $42,265/yr in estimated NOI at the $1,485,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,077
Style
Single Family
Built
1905
Set on a pretty residential side street located between Avon Hill and Fresh Pond, this inviting home offers wonderful light, contemporary design, and a flexible layout with hardwood floors throughout. Upon entering, you are greeted by a vestibule and foyer with storage. The airy living room features an 11' ceiling, built-in shelving, gas fireplace, and a wall of glass doors and windows opening directly to a the patio and landscaped, fenced yard. A separate dining room/den and kitchen with granite countertops and stainless steel appliances plus a half bath complete the main level. Upstairs are three bedrooms with double closets and a spacious 4-piece bathroom. The third floor offers a fourth bedroom with two skylights, an office/playroom, hall bathroom, and an attic storage room. The full basement has a 30' x 21' unfinished area with laundry, a work sink, and walk-out exterior access. Additionally, many systems and appliances have been updated. Living here offers a lovely neighborhood setting convenient to Harvard Square, Porter Square, shops, restaurants, parks, and public transportation.
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 2,077 sq ft principal dwelling). Lot size: 2,880 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl ThirdPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl ThirdListing Agent: Gail Roberts, Ed Feijo & Team
Listing Office: Coldwell Banker Realty - Cambridge
MLS® Number: 73578308
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