Sold for $1,625,000 on 09/23/24
$1,625,000
56 Rice St, Cambridge, MA 02140
6beds
3,319sqft
2 Family - 2 Units Up/Down
Built in 1898
-- sqft lot
$1,637,900 Zestimate®
$490/sqft
$4,505 Estimated rent
Home value
$1,637,900
$1.51M - $1.79M
$4,505/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense flexibility for the next owner. The 2-car garage and deep lot add more utility and potential to this offering. Located just off Mass Ave. in close proximity to Porter & Davis Sq. along with Alewife there are many shops, restaurants and eateries at a stone's throw away. Group showings will be Fri 8/9 - Mon 8/12 from 12-1p and need to be confirmed with list agents. Seller may be willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.
Zillow last checked: 8 hours ago
Listing updated: September 24, 2024 at 06:21am
Listed by:
Max Dublin Team 617-230-7615,
Gibson Sotheby's International Realty 617-945-9161
Bought with:
Max Dublin Team
Gibson Sotheby's International Realty
Source: MLS PIN,MLS#: 73274780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,319
- Total interior livable area: 3,319 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Uncovered spaces: 2
Lot
- Size: 5,562 sqft
Details
- Parcel number: M:00196 L:00059,414051
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1898
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
Location
- Region: Cambridge
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2024 | Sold | $1,625,000+1.9%$490/sqft |
Source: MLS PIN #73274780 Report a problem | ||
| 8/7/2024 | Listed for sale | $1,595,000$481/sqft |
Source: MLS PIN #73274780 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,310 +7.3% | $1,466,200 +0.1% |
| 2024 | $8,675 +7.1% | $1,465,400 +6% |
| 2023 | $8,101 +8.7% | $1,382,400 +9.8% |
Find assessor info on the county website
Neighborhood: North Cambridge
Nearby schools
GreatSchools rating
- 7/10Peabody SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Rindge Avenue Upper SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Cambridge Rindge and Latin SchoolGrades: 9-12Distance: 1.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,637,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,637,900

