Three-Unit Residential Income
New
For Sale
$1,550,000
5-6 Seagrave Rd., Cambridge, MA 02140
Three two-bedroom apartments provide separate living areas, eat-in kitchens, and access to shared outdoor space.
Property Size2,838 SF
Price / SF$546.16
Days on Market3
Property Features for 5-6 Seagrave Rd.
General Information
Standard status
Active
Size
2,838 SF
Property subtype
3 Family
Site & Location
Neighborhood
North Cambridge
Public Transit
Yes
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Amenities
front/back porches
rear patio area
detached garage
Building Details
Building Size
2,838 SF
Year Built
1930
Stories
3
Listing Agency:
Coelho Realty Group LLC
(617) 893-1717
Listed By:
Joe Danisch
(617) 477-8223
Source:
Iverty
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 1:19PM
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 Coelho Realty Group LLC
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Investment Insights
Based on property information with market context.
This 1930-built residential income property contains three apartments, each with two bedrooms and one bathroom, across three levels. The first- and second-floor units have similar arrangements, with combined living and dining rooms, updated eat-in kitchens, and bedrooms flanking a full bath. On the top floor, an open layout includes an eat-in kitchen and a living room with two skylights.
Outdoor features include front and rear porches, a private rear patio, a detached garage, and a driveway with room for three vehicles. The property is at 5-6 Seagrave Road in Cambridge, near the Alewife Red Line station, Fresh Pond, and the IQHQ Alewife Park District.
Outdoor features include front and rear porches, a private rear patio, a detached garage, and a driveway with room for three vehicles. The property is at 5-6 Seagrave Road in Cambridge, near the Alewife Red Line station, Fresh Pond, and the IQHQ Alewife Park District.
Key Highlights
- Three apartments, each with 2 bedrooms and 1 bathroom
- 2,838 square feet across three levels
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,189
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,423,780
$1.4M
Cap Rate 7%
$1,016,986
$1.0M
Cap Rate 9%
$790,989
$791.0K
Market Conditions
NOI Build-Up for 2,838 SF
Gross rent
$107.3K $37.80/SF
− Vacancy
−$5.6K −$1.97/SF
EGI
$101.7K $35.83/SF
− OpEx
−$30.5K −$10.75/SF
NOI
$71.2K $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%
$1,423,780
Cap Rate 7%
$1,016,986
Cap Rate 9%
$790,989
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$889.9K – $1.19M
NOI $71,189 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$950.5K
$831.7K – $1.11M
NOI $66,532 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $153,157 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,513
Businesses Nearby
Explore this area
Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom apartments provide separate living areas, eat-in kitchens, and access to shared outdoor space.
Where is this triplex located?
The property is located at 5-6 Seagrave Rd. Cambridge, MA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 bathroom; 2,838 square feet across three levels; Built in 1930
