Renovated Side-by-Side
For Sale
$1,650,000
Pending
11 8th Street, Cambridge, MA 02141
Two-family property with updated kitchens, refinished hardwood floors, and a private courtyard outlook.
Property Size2,105 SF
Days on Market77
Property Features for 11 8th Street
General Information
Standard status
Pending
Size
2,105 SF
Property subtype
Multi-Family
Additional Details
Road Access
Yes
Multifamily Units
2
Amenities
hardwood floors
stainless appliances
private courtyard
Building Details
Year Built
1869
Year Renovated
2016
Buildings
1
Listing Agency:
Robert Ciccarelli, Ciccarelli Homes
Listed By:
The Kristin Gennetti Group
(781) 704-7040
Source:
Kristingennetti
Added: Aug 1
Changed: Oct 13
Last Checked: Oct 16 at 8:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robert Ciccarelli, Ciccarelli Homes
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Investment Insights
Based on property information with market context.
Built in 1869, this side-by-side duplex contains two family residences with 2,105 square feet of property size. The building was renovated in 2016 and features refinished hardwood flooring across two levels, white kitchen cabinetry, upgraded countertops, and stainless appliances. HardiePlank siding completes the exterior, while southern exposure brings consistent natural light into the interiors.
The property sits on a quiet, tree-lined side street in East Cambridge with access to the surrounding Kendall Square area. One residence overlooks a private courtyard. The property is currently offered as two condominiums; condominium documents have been drafted but are not recorded and are available for review.
The property sits on a quiet, tree-lined side street in East Cambridge with access to the surrounding Kendall Square area. One residence overlooks a private courtyard. The property is currently offered as two condominiums; condominium documents have been drafted but are not recorded and are available for review.
Key Highlights
- Side‑by‑side duplex renovated in 2016
- 2,105 square feet of property size
- Two family residences with hardwood floors across two levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,802
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,040
$1.1M
Cap Rate 7%
$754,314
$754.3K
Cap Rate 9%
$586,689
$586.7K
Market Conditions
NOI Build-Up for 2,105 SF
Gross rent
$79.6K $37.80/SF
− Vacancy
−$4.1K −$1.97/SF
EGI
$75.4K $35.83/SF
− OpEx
−$22.6K −$10.75/SF
NOI
$52.8K $25.08/SF
Area
Cambridge, MA
Vacancy
5.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,040
Cap Rate 7%
$754,314
Cap Rate 9%
$586,689
Alternative Uses
Best Use
Multifamily LT 5
$754.3K
$660.0K – $880.0K
NOI $52,802 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$705.0K
$616.9K – $822.5K
NOI $49,348 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,600 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,273
Businesses Nearby
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Business Placement
Demographics for 02141, MA
15,130
Population
8,128
Households
1.9
Avg Household Size
32
Median Age
74%
College-Educated
94%
High-School Grad
0.6 sq mi
ZIP Area
25,217
Density / Sq Mi
$120,542
Median Household Income
$73,002
Median Earnings
$2,752
Median Rent
$892,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with updated kitchens, refinished hardwood floors, and a private courtyard outlook.
Where is this duplex located?
The property is located at 11 8th Street Cambridge, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Side‑by‑side duplex renovated in 2016; 2,105 square feet of property size; Two family residences with hardwood floors across two levels
