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Listed 11 days ago

950 Hamilton Street

, Cambridge

$649,900

Detached|2-Storey
4 | 3 | 6
About this home

Opportunities like this don't come along often! Duplex zoning, tucked into an established neighborhood on an exceptional lot of almost 3/4 of an acre, this well maintained home offers a rare combination of space, versatility and lifestyle. Enjoy a private six car parking area, inground pool, four bedrooms and outstanding potential for multigenerational living or additional income. The flexible layout offers two main floor bedrooms and two bedrooms upstairs. Zoned for a duplex, the home's layout lends itself well to creating a two unit dwelling again. The main level features a welcoming living room, formal dining room and updated bathroom with water jetted Jacuzzi tub. Upstairs, the spacious primary bedroom opens to a private balcony overlooking the pool, while the updated second floor bathroom features an air jetted Jacuzzi tub. A finished basement with rec room provides even more living space. Outside, the inground pool and expansive yard create your own private summer retreat. Major improvements are already taken care of, including roof, soffit, fascia and eaves 2018, furnace and A/C 2021, owned tankless water heater 2022 and rebuilt upper balcony 2022. Pool pump, liner and filter 2018 and cover 2020. Additional improvements include refinished oak stairs, gas fireplace, re insulated exterior walls, sound barrier interior walls, updated electrical panel, nearly all updated windows, owned water softener and updated exterior doors. A property this unique needs to be experienced in person. Book your private showing today!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,147
Lot Size137.74 ft x 232.52 ft
mls© NumberX13827336
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$429
Heat allowance
$150
Housing costs
$3,905 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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