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Home Massachusetts Cambridge Apartments

Cambridge 3 beds 1 baths North Cambridge - $3,600

Available: 09-01-2024
13 Photos
$3,600/mo
3 Beds
1 Bath
Available: 09/01/2024
North Cambridge, Cambridge, MA
196 Sherman Street, Cambridge, MA 02140
Listing courtesy of The Jeff Groper Group, Coldwell Banker Realty - Newton

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Balcony

Property Description

Wonderful North Cambridge location with a walk score of 89. Welcome to this 3 bed, 1 bath apartment on the 2nd floor of a 3 family. Enter into a spacious family/living room with dark stained hardwood floors throughout & many windows lining the walls for great natural light. There is a private balcony in front with room for relaxing & working from home. The hallway from the family room leads to 1 bedroom on each side, the bathroom, and then the kitchen at the end. The large eat in kitchen includes the in-unit laundry & plentiful cabinet space. The 3rd bedroom is on the side of the kitchen and gives you privacy from any guests entertained in front. There is a second private balcony overlooking the backyard. Excellent location half a mile from Alewife T station, less than half a mile to Porter Square, and even closer to many restaurants and shops, with Whole Foods & Trader Joes nearby. Enjoy parks & fresh pond shopping plaza just a short walk away.

Price Comparison

This apartment is 16.3% less expensive than the average price of $4,301 for 3 bedroom apartments in Cambridge. Congratulations on finding a great apartment that is below the average rent price in Cambridge. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Cambridge

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$130,909 - $172,800

You + 2 Roommates, Each:

$48,000 - $57,600
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

$5,040

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Mid Range

25% of Gross Income

$3,600

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Low Range

15% of Gross Income

$2,160

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Have You Considered Buying
Your Own Home?

Instead of paying $3,600/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.