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Home Massachusetts Cambridge Apartments

Cambridge 3 beds 3 baths - $8,500

$8,500/mo
3 Beds
3 Baths
Available: 07/15/2024
Cambridge, MA
325 Franklin Street, Cambridge, MA 02139
Listing courtesy of Gail Roberts, Ed Feijo & Team, Coldwell Banker Realty - Cambridge

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Granite Countertops

Property Description

Conveniently located only a few minutes from MIT and Harvard sits this elegant 4-level townhome with an attached garage. The open-concept first floor features soaring ceilings, columns, crown molding, and hardwood floors throughout. The updated eat-in kitchen offers gas cooking, dual dishwashers, white cabinetry, and granite countertops. The second floor houses the spacious primary suite with a contemporary four-piece bath with a soaking tub and double vanity. This level also offers the second bedroom and a hall bathroom. The top floor houses a creative space/third bedroom with vaulted ceilings and sliding glass doors to the 24’ private deck. The finished lower level provides two bonus rooms, laundry and garage access. Commuting is easy via the Central Red Line stop and multiple bus lines.

Price Comparison

This apartment is above the average price of $4,180 for 3 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 us about this great unit before it's gone!

Average Rent Prices for 3 Bedroom Apartments in Cambridge

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$309,091 - $408,000

You + 2 Roommates, Each:

$113,333 - $136,000
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

$11,900

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Mid Range

25% of Gross Income

$8,500

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Low Range

15% of Gross Income

$5,100

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Have You Considered Buying
Your Own Home?

Instead of paying $8,500/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.