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Home Massachusetts Cambridge Apartments

Cambridge 2 beds 1 baths - $4,000

Available: 09-01-2024
16 Photos
$4,000/mo
2 Beds
1 Bath
Available: 09/01/2024
Cambridge, MA
253 Norfolk St, Cambridge, MA 02139
Listing courtesy of Lisa Godwin, Gibson Sotheby's International Realty

Property Description

Welcome to the Chocolate Factory! This impressive loft-style apartment boasts a versatile open layout highlighted by expansive windows, high ceilings,& charming exposed brick & beams. The modern kitchen features an island/breakfast bar and a newer gas stove with hood. There are two generously sized bedrooms with ample closet space & hardwood floors throughout. Additional amenities include in-unit washer & dryer, central AC and two tandem garage parking spaces. Residents can enjoy a spacious common patio perfect for relaxing and grilling, as well as a designated garden area for those with a green thumb. Located on a tranquil tree-lined street in vibrant Inman Square, easy access to numerous cafés, restaurants, and shops. Midway between bustling Central & Union Squares, Half a mile to Redline. Harvard & MIT are within a mile radius.Walk Score of 93 & Bike Score of 99. Rent includes heat, hot water, gas, tandem garage parking for two cars, bike storage, snow removal, and trash removal

Price Comparison

This apartment is above the average price of $3,463 for 2 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. Contact Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 2 Bedroom Apartments in Cambridge

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$145,455 - $192,000

You + 1 Roommate, Each:

$80,000 - $96,000
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

$5,600

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Mid Range

25% of Gross Income

$4,000

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Low Range

15% of Gross Income

$2,400

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Have You Considered Buying
Your Own Home?

Instead of paying $4,000/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.