Discover

Cambridge

Cambridge real estate stands out from the rest of Massachusetts. In 2016, Cambridge had the highest home price in the entire state. The high demand for properties and low inventory are making home prices increase continuously. With Harvard University and MIT research industries, in addition to the pharmaceutical and tech industries, the city is bringing an influx of students, professors, skilled professionals, and highly-paid employees. This influx certainly works in an investor’s favor, creating a demand for rental properties.

It is currently a seller’s market in Cambridge, a listing spends an average of 12.64 days while listings in surrounding towns spend an average of 50 days on the market!

The city is not for an investor on a budget but rents are high here. Cambridge also provides the opportunity to rent property to students, which allows investors to have better cash flow.

Cambridge Investment Performance

PROPERTY SALE PRICE

$ 961,844

Median

1,187

Avg/Sq.ft.

CASH ON CASH RETURN

0.95%

Traditional

2.07%

Airbnb

RENTAL INCOME

$ 2,822

Traditional

$ 4,095

Airbnb

RENTAL INCOME

$ 2,822

Traditional

$ 4,095

Airbnb

NUMBER OF PROPERTIES

16

Investment

266

Airbnb

1,757

Traditional

74%

Airbnb occ. rate

Cambridge Rent Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 3,319	$ 3,969	$ 4,819	$ 5,908
Traditional	$ 2,238	$ 2,961	$ 3,563	$ 4,139

Airbnb

1 ROOM	$ 3,319
2 ROOMS	$ 3,969
3 ROOMS	$ 4,819
4 ROOMS	$ 5,908

Traditional

1 ROOM	$ 2,238
2 ROOMS	$ 2,961
3 ROOMS	$ 3,563
4 ROOMS	$ 4,139

Top Cambridge Active Investment Properties

$574,900

321 Columbia St #3

Wellington-Harrington

2 beds

1 baths

722 sq.ft.

CASH ON CASH

Trad. 1.04%

Airbnb 4.40%

CAP RATE

Trad. 1.04%

Airbnb 4.40%

$659,900

21-23 Essex St #23-3

The Port

2 beds

1 baths

848 sq.ft.

CASH ON CASH

Trad. 2.05%

Airbnb 3.88%

CAP RATE

Trad. 2.05%

Airbnb 3.88%

$439,000

169 Monsignor Obrien Hwy #513

East Cambridge

N/A beds

1 baths

531 sq.ft.

CASH ON CASH

Trad. 0.63%

Airbnb 3.46%

CAP RATE

Trad. 0.63%

Airbnb 3.46%

$599,900

297 Rindge Ave

North Cambridge

2 beds

1 baths

700 sq.ft.

CASH ON CASH

Trad. 1.75%

Airbnb 2.78%

CAP RATE

Trad. 1.75%

Airbnb 2.78%

Top Cambridge Neighborhoods

Riverside

Mashvisor, Inc.

69% Mashmeter

PROPERTY PRICE

$624,900

Median

CASH ON CASH RETURN

2.35%

Traditional

4.98%

Airbnb

RENTAL INCOME

$ 2,722

Traditional

$ 4,244

Airbnb

81%

Airbnb occ. rate

Aggasiz

Mashvisor, Inc.

71% Mashmeter

PROPERTY PRICE

$1,195,000

Median

CASH ON CASH RETURN

0.33%

Traditional

1.70%

Airbnb

RENTAL INCOME

$ 2,880

Traditional

$ 4,397

Airbnb

81%

Airbnb occ. rate

Mid-Cambridge

Mashvisor, Inc.

71% Mashmeter

PROPERTY PRICE

$1,775,000

Median

CASH ON CASH RETURN

0.10%

Traditional

0.45%

Airbnb

RENTAL INCOME

$ 3,011

Traditional

$ 4,175

Airbnb

79%

Airbnb occ. rate

The Port

Mashvisor, Inc.

60% Mashmeter

PROPERTY PRICE

$659,900

Median

CASH ON CASH RETURN

2.05%

Traditional

3.88%

Airbnb

RENTAL INCOME

$ 2,849

Traditional

$ 4,568

Airbnb

77%

Airbnb occ. rate

Wellington-Harrington

Mashvisor, Inc.

68% Mashmeter

PROPERTY PRICE

$831,950

Median

CASH ON CASH RETURN

1.29%

Traditional

2.86%

Airbnb

RENTAL INCOME

$ 3,852

Traditional

$ 4,571

Airbnb

77%

Airbnb occ. rate

Cambridge Insights

Blogs

by Hamza Abdul-Samad

Where to Invest in Real Estate for Airbnb Rental Income

by Hamza Abdul-Samad

The Best Places to Buy a Rental Property for Traditional Rental Income

by Mays Kuhail

What It’s Like Investing In Cambridge Real Estate

View more news

Similar Cities

Natick, MA

PROPERTY PRICE

`$`721,864

Median

CASH ON CASH RETURN

1.45%

Traditional

3.40%

Airbnb

Newton, MA

PROPERTY PRICE

`$`1,070,843

Median

CASH ON CASH RETURN

1.01%

Traditional

0.81%

Airbnb

Wrentham, MA

PROPERTY PRICE

`$`496,200

Median

CASH ON CASH RETURN