The ground-up Rand at Porter development in Cambridge’s Porter Square is slated to bring 19 1- and 2-BR condos (and a 3-BR townhouse) to perhaps the region’s most housing-starved city.
The Rand does not open until the fall, but now we know how much the condos will ask.
The project’s most expensive spread so far is $970,000 for Unit 306, a 1,106-square-foot 2-BR, 2-BA with an expansive private deck and a garaged parking space. Its association fee will be $533.
The next-priciest condo is Unit 305, a 1,172-square-foot 2-BR, 2-BA asking $955,000. It also includes a garaged parking space (all units do, in fact, and additional parking is available for $50K a spot). The association fee is $586.
Unit 405, an essentially identical spread with an identical fee, is asking $950K.
There is then a steep drop-off in price, to $840,000 for Unit 301, a 1,074-square-foot 2-BR, 2-BA, down to $650,000 for a 720-square-foot 1-BR, 1-BA.
We should note, too, that many of these units, including the four priciest, are either in contract to be sold or have deals pending for them. Housing-starved, that’s Cambridge.
- Website: the Rand at Porter [Urban Spaces]
- Porter Square's Rand to Feed Condo-Starved Cambridge 20 Units [Curbed Boston]