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Modest Cambridge homes, lofty prices

Posted by Scott Van Voorhis May 8, 2014 04:16 PM

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You don't have to be the seller one of those grand old Brattle Street mansions to draw a line of buyers at the door.

In fact, just about any habitable patch of real estate in Cambridge is sure to spark a bidding war these days.

Check out these Cambridge bidding war homes.

Here are three fairly modest Cambridge condos that fetched anywhere from $86,000 to 126,000 over asking.

Not alone, these were just three of several Cambridge homes and condos that were bid up in April - roughly a quarter of all homes and condos sold in the city last month fetched at least $100,000 over asking, notes Bill Wendel over at the Real Estate Café.

Let's start with 29 Sixth Street. The 1,200 square foot townhouse recently sold $705,000, well over its asking price of $579,000.

29 Sixth Street, Cambridge.jpg


It is billed as an "extraordinary home in the heart of a hot Cambridge 'hood." OK, it's snazzy looking, I will grant you that, but the "three-level town home" is a stretch unless you are counting the basement of this renovated, 1873 home.

Next up: A tiny, 995-square-\foot, two bedroom condo in Kendall Square at 5-7 Plymouth St.

This little condo, though, packs a big price, hauling in $610,000, or $100,000 above the asking price.

5-7 Plymouth St #3, Cambridge, MA 02141.jpg

Looks nice enough, but then again, it would have barely gotten $200,000, if it has been in Framingham, not Cambridge.

Finally there's this 964-square-foot unit in the Agassiz neighborhood. It went for $86,000 over asking. Not bad given the unit at 3 Sacramento Place was on the market for $449,000.

3 Sacramento Place, Cambridge, Unit 3.jpg

As they say location, location, location!


This blog is not written or edited by Boston.com or the Boston Globe.
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About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate and business issues.

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