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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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16 Field St , Cambridge, MA 02138
$3,500,000
Est. Payment: $7,777.78/mo
19 Bed
18 Bath
10544 Sqft
Status: Active | Days on site: 62
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AN8908 - BB301030
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Will be Fully permitted 9 unit development opportunity in highly desirable West Cambridge. Soon to be approved plans for 8 luxury two-bedroom and 1 three-bedroom residences, each thoughtfully designed with private balconies / studies / roof decks. Ideal for investors or developers. Sell as premium condominiums or hold as high-end rental units. The site will be shovel-ready, allowing immediate demo and construction and reduced timeline to completion. Take advantage of Cambridge’s generous zoning laws and strong demand for upscale housing. Located near Danehy Park, Fresh Pond, playgrounds, acclaimed restaurants, boutique shopping, Harvard Square, Porter Square, Route 2, and the Mass Pike. Enjoy convenient access to the Red Line, commuter rail, Harvard, MIT, Kendall Square, and Cambridge's world-renowned innovation economy. A rare turnkey opportunity in one of Cambridge's most coveted neighborhoods. Please see offering memorandum as well as full set of plans under paper clip.
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Highlights

Listed by David Lilley , 617-290-5868 RE/MAX Real Estate Center , 617-576-3800.

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

2026

County

Middlesex

Area

West Cambridge

Listing ID

73551562

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:19
  • ▪ Bathrooms:18
  • ▪ Full Bathrooms:18
Water:Public

Exterior Features

Lot:Level
Garage Capacity:0
Zoning:B
Roof:Rubber,Other
Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Principal Interest
$7,778
Taxes
$797

Home Price

$3,500,000

Loan Details

30 yrs
%

Down Payment

20%
$700,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,777.78 $797.42 $0.00 $8,575.19
Yearly $93,333.33 $9,569.00 $0.00 $102,902.33
Total $2,800,000.00 $287,070.00 $0.00 $3,087,070.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Cambridge, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.