
459 Concord Avenue #1 Cambridge — Photo 1 of 42
$1,295,000
Investment Analysis — 459 Concord Avenue #1
Cambridge, MA 02138
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 2.80% cap rate and $36,245/yr in estimated NOI at the $1,295,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,064
Style
Condominium
Built
1998
Welcome home to this beautifully maintained, sun-drenched 4-level end-unit townhouse offering spacious living across every level. The open-concept living area is filled with natural light and features high ceilings, hardwood floors, central air, and a cozy gas fireplace. The stylish open kitchen is equipped with quartz countertops, a prep island, stainless steel appliances, and an adjoining dining area that makes entertaining effortless. Retreat to the expansive second-floor primary suite featuring a full bath and walk-in closet, while the oversized adjoining family room provides flexible additional living space. The third floor offers two generously sized bedrooms, including one with a walk-in closet and private balcony with spectacular sunset views of Fresh Pond. The lower ground level includes a large bonus flex room providing many options for use, a laundry closet with full-size machines, a convenient half bath, as well as direct access to your 1-car garage. This unit has been lovingly maintained and has numerous upgrades, including a newer roof, recent exterior painting, 2025 high-efficiency triple-pane windows with custom blinds, 2024 HVAC, new appliances 2020, renovated bathrooms 2020, upgraded kitchen 2020, installation of hardwood floors 2020, recent interior paint 2026, and a new hot water tank (2026), This home is part of an 8-unit association, located across the street from the highly cherished Fresh Pond Park, and minutes from Whole Foods, Trader Joe's, Starbucks, and numerous additional shops, restaurants, and bakeries. It also has direct bus service to Harvard Square; this home truly has it all.
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
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19 x 19
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
Dining Room
Lvl First14 x 11
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
Lvl First14 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting
Family Room
Lvl Second19 x 18
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Second20 x 14
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 2
Lvl Third15 x 11
Bedroom 3
Lvl Third14 x 10
Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl Basement14 x 12
Bathroom - Half, Flooring - Laminate, Lighting - Overhead
Bathroom 1
Lvl BasementBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Recessed Lighting
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - Tiled With Shower Stall
Listing Agent: Team Patti Brainard
Listing Office: Compass
MLS® Number: 73578198
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