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Home Massachusetts Cambridge Apartments

Cambridge 4 beds 2 baths - $5,600

Available: 09-01-2024
12 Photos
$5,600/mo
4 Beds
2 Baths
Available: 09/01/2024
Cambridge, MA
23 Palermo St, Cambridge, MA 02141
Listing courtesy of Montivista Real Estate Group, eXp Realty

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
WiFi

Property Description

You don't want to miss this amazing condo completely renovated in 2018 by a reputable developer. Modern open-plan kitchen with high end appliances and stone countertops. 4 bedrooms, wide plank hardwood floors, two with large walk-in closets which can almost become office spaces. Two full baths, high ceilings, oversized windows, on-demand hot water, and an ultra-efficient wifi-controllable heating and cooling system. It even has a generous dedicated storage room at the lower level, and convenient off-street parking and exclusive use yard space. Prime location in the heart of the vibrant Cambridge restaurant and entertainment scene, easy access to MIT, Kendall Square, and a Red Line T Stop connecting in minutes to Harvard, MGH, and downtown Boston.

Price Comparison

This apartment is above the average price of $5,131 for 4 bedroom apartments in Cambridge. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Use the contact form to schedule a showing or request a rental application. This listing may not last much longer.

Average Rent Prices for 4 Bedroom Apartments in Cambridge

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$203,636 - $268,800

You + 3 Roommates, Each:

$56,000 - $67,200
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

$7,840

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Mid Range

25% of Gross Income

$5,600

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Low Range

15% of Gross Income

$3,360

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Contact Agent

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Have You Considered Buying
Your Own Home?

Instead of paying $5,600/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.