1010 Massachusetts Avenue, aka The Cantabrigia Building, offers 53 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of an eight-story, elevatored building and a 27-space surface parking lot with substantial as-of-right development potential. Originally built in the early 1900‘s, the property has been impeccably maintained, with current ownership investing significant capital to complete numerous building systems and window upgrades, elevator modernization, roof replacement, and extensive enhancements to common areas and the building‘s entryway space. With a mix of original, partially-renovated, and fully-renovated apartments, finish levels vary and offer enormous upside through both organic rent increases and the implementation of a strategic unit renovation program.
1010 Massachusetts Avenue, Cambridge, MA, 02138
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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