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Recent Sales at The Esplanade (75-83 Cambridge Parkway) in Cambridge, MA

MLS reports nine unit sales at The Esplanade in 2017.
CLICK HERE TO SEE THE SALE EVENTS AT THE ESPLANADE IN 2017.

1-bedroom sales:
CLICK HERE to see the three 1-bedroom sales at the Esplanade in 2017.
• Unit E504 sold for list price of $669,000 - $852 a square foot. (Smaller unit - 785 square feet.)
• Unit 601 sold for $1,350,000 - $957 a square foot and $45,000 below the list price.
• Unit E801 sold for $1,375,000 - $975 a square foot and $24,000 below the list price.

2-bedroom sales:
CLICK HERE to see the two 2-bedroom sales at the Esplanade in 2017.
• Unit E507 sold for $1,165,000 - $962 a square foot and $130,000 below the original list price of $1,295,000.
• Unit 101 sold for $1,400,000 - $933 a square foot and $80,000 below the original list price of $1,480,000.

3-bedroom sales:
CLICK HERE to see the four 3-bedroom sales at the Esplanade in 2017.
• Unit W602 sold for $2,485,000 - $1,284 a square foot and $165,000 below the original list price of $2,650,000.
• Unit W1101 sold for $2,530,000 - $1,290 a square foot and $250,000 below the list price of $2,780,000.
• Unit 206 sold for $4,600,000 - $1,246 a square foot and $400,000 below the original list price of $5,000,000.
• Unit E1201 sold for 3,050,000 - $1,596 a square foot and $200,000 below the list price of $3,250,000.

Observations:
• Not counting E504 (smaller 1-br), for a 1 or 2 bedroom in the building in 2017 the average price per square foot was $957.
• For a three bedroom in the building in 2017 the average price per square foot was $1,355.
• No units sold for over the asking price. Indeed, eight of nine sold for below the list price.

CLICK HERE for information on 2016 sales at The Esplanade.

I help buyers buy and sellers sell in Cambridge and Somerville, MA. Here to help you. Let's talk.

Call me at 617-733-8937 or email me.

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