18 Fainwood Circle

Cambridge, MA 02139

$2,400,000
Price
12
Beds
3
Baths
3,669 Sq. Ft.
$654 / Sq. Ft.
3,669
Sq. Ft.
$654
per Sq. Ft.

Description

18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and...18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.
  1. Listed by John Pentore • Horvath & Tremblay
  2. Listed by Dennis Kelleher • Horvath & Tremblay

Property Details for 18 Fainwood Circle

Town
Cambridge
Area
MA-Cambridge
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1
LISTING UPDATED: 11/19/2024 07:39 PM

Property Details for 18 Fainwood Circle

StatusNew
MLS #73314083
Days on Market2
Taxes$15,060 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1916
CountyMiddlesex County

Building Information for 18 Fainwood Circle

Stories6Residences3Year Built1916Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 18 Fainwood Circle

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 3669.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 406109
  • Assessments: $2,472,800
  • Book: 57594
  • Tax Year: 24
  • Zoning: C-1
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $132,000.00
  • GRE: $30,644
  • NOI: $101,356.00
  • Operating Expense: $30,644.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,850.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 18 Fainwood Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Fainwood Circle

Taxable ValueLand$1,168,600Additions$1,304,200Total$2,472,800
Tax Record2024$14,639 ($1,220 / month)
Home Facts
Baths4.5Total Finished SqFt3,669 SqFtAbove Grade Finished SqFt3,669 SqFtUnfinished Basement SqFt1,223 SqFtStories3Lot Size4,306 SqFtStyleTriplexYear Built1916ZoningC-1CountyMIDDLESEXAPNCAMB M:00113 L:00062

Schools near 18 Fainwood Circle

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
King Open
PublicPK to 5

Putnam Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Cambridgeport
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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18 Fainwood Circle is a multi-family home for sale in Cambridge, MA 02139. This property was listed for sale on November 19, 2024 by Horvath & Tremblay, it's currently listed at $2,400,000. It has been on the market for a total of 2 days and was last sold on October 6, 2011. This listing's school district is Cambridge School District. Nearby schools include King Open, Putnam Avenue Upper School and Cambridge Rindge and Latin School. 18 Fainwood Circle is a 12-bed, 3-bath, 3,669 sqft multi-family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.