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Home Massachusetts Cambridge Apartments

Cambridge 5 beds 3 baths Harvard Square - $8,200

Available: 09-01-2024
28 Photos
$8,200/mo
5 Beds
3 Baths
Available: 09/01/2024
Harvard Square, Cambridge, MA
7 Story, Cambridge, MA 02138
Listing courtesy of Clara Arroyave, eXp Realty

Property Description

Nestled at the prestigious address of 7 Story St, this magnificent 5-bedroom, 3-bathroom apartment offers the epitome of luxury living in the heart of Cambridge. Located in a vibrant neighborhood renowned for its academic and cultural significance, this residence presents an unparalleled opportunity for refined urban living. Prime Location Situated in the heart of Cambridge, residents of 7 Story St enjoy proximity to world-class universities, including Harvard and MIT, as well as a myriad of upscale dining, shopping, and entertainment options. With easy access to public transportation and major thoroughfares, commuting to Boston and surrounding areas is effortless.Apartment 2 has similar layout also available.

Price Comparison

This apartment is above the average price of $6,112 for 5 bedroom apartments in Cambridge. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact us about this great unit before it's gone!

Average Rent Prices for 5 Bedroom Apartments in Cambridge

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$298,182 - $393,600

You + 4 Roommates, Each:

$65,600 - $78,720
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$11,480

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Mid Range

25% of Gross Income

$8,200

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Low Range

15% of Gross Income

$4,920

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Have You Considered Buying
Your Own Home?

Instead of paying $8,200/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.