7 Richard Ave #3 Cambridge — Photo 1 of 15
$899,900
Investment Analysis — 7 Richard Ave #3
Cambridge, MA 02140
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02140 carries an estimated $4,380/mo in gross rent — about a 2.91% cap rate and $26,147/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
934
Style
Condominium
Built
1900
Welcome to 7 Richard Ave, Unit 3—a beautifully renovated top-floor residence in North Cambridge offering modern finishes, generous outdoor space, and the rare convenience of exclusive driveway use. This bright and spacious 3-bedroom, 2-bath home features a thoughtfully updated interior with a fresh, contemporary feel throughout. Enjoy two private decks, perfect for morning coffee, outdoor dining, or relaxing at the end of the day. With no neighbors above, top-floor privacy, and dedicated driveway parking, this home offers a combination of comfort and convenience that's hard to find. Ideally located in North Cambridge with easy access to Davis Square, Alewife, the Red Line, neighborhood restaurants, shops, parks, and commuter routes. A turnkey opportunity in one of Cambridge's most convenient neighborhoods.
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 MLS and other third-party data may be inaccurate or out of date.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 • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Ciampa Group
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73579500
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