
Purchasing or Selling a Property in Cambridge, MA
Are you interested in investing or buying a home in Cambridge MA?
If you are an investor looking to purchase in Cambridge, MA, know you are targeting one, if not the most, competitive real estate markets in all of Massachusetts. This is a double-edged sword. On the one hand, if you can find a great deal, there is tremendous upside, particularly over the long haul. On the flip side, you must understand that the time it takes to identify a great deal tends to be longer in Cambridge because there are so many people looking. In addition, Cambridge is not cheap - most two families will require at least $1.2M to $1.3M on the low end and most 3-families will take $1.7M and up. This of course does not include any holding costs, emergency costs, or update costs - so you need substantial cash on hand to purchase a Cambridge property. However, Cambridge is one of the safest places to invest in real estate in Massachusetts in my opinion. You have a well-diversified tenant pool with Harvard, MIT and easy access to downtown Boston. You have extremely low property tax rates, thanks to Harvard/MIT and biotech companies paying higher rates to Cambridge. And you have consistently rising property values and rentals prices. In Cambridge you tend not to win with cash flow but with property appreciation so keep that in mind if you are interested in purchasing a property here. If you are interested in investing, then I recommend reading more about how I can help you. Also feel free to give me a call anytime at 617-833-7457.
If you are a buyer and thinking of purchasing a home in Cambridge, MA, I think you are making a great decision on essentially every front I can think of. First, Cambridge is one of the most walkable places I have lived without having the overwhelming city vibes like New York or Chicago has for some people. Next, Cambridge has tons of things to do, thanks in large part to Harvard and MIT. You have the Harvard Book Store, where you can see incredible speakers for free. You have the Brattle Theater, one of the last, great art cinemas that exist in America. You have Harvard Square and Porter Square and Central Square with never-ending restaurants, shops, and cafes. And on the financial side, you have one of the lowest property tax rates in Massachusetts with a residential exemption that allows you to pay peanuts for property taxes compared to virtually any other town in Massachusetts. If you are thinking of buying a property in Cambridge and don't know where to start, give me a ring at 617-833-7457.
For more information on real estate investing in Cambridge, watch my video below:
Are you interested in selling your property in Cambridge MA?
If you own a property in Cambridge, MA and are considering selling, congratulations, you are likely in a very good position. The Cambridge real estate market has seen some of the highest property growth in the last decade in all of Massachusetts. Most Cambridge properties receive between 5 and 10 or more offers, assuming the property is properly prepared, marketed and priced. The key between getting a good price and a great price often comes down to an agent who has the experience in all 3 phases of the sales process. Some agents can make properties look beautiful, but they lack the negotiation skills. Other agents are sharks when it comes to negotiations, but do a poor job preparing the home and lose out on offers that way. A great agent should properly prepare the home - meaning they make the home look its best for the target buyer for your home. Then they should properly market the home - this means how they photograph the home, where they sell the home and HOW they sell/talk about the home. And finally, they need to properly price and negotiate the sale. This means leveraging the offers against each other in a way that leave you not only with the best possible price but also the best possible terms. Terms are underrated here - if you get a good price but bad terms, you may end up with a bad price. If you are interested in selling, read more about my process here and feel free to give me a call anytime at 617-833-7457.
Past reviews from Cambridge Clients:
I am thoroughly happy with Sage's help as the seller's agent helping me to sell my house in Cambridge (one unit of a duplex house). He went above and beyond of what was needed, was highly proactive and extremely well-organized. It was a true pleasure to work with him, I can fully recommend him to anybody looking for a real estate broker in Cambridge. - Peter Gloor
Sage helped me buy my first investment property in Cambridge with so much knowledge and diligence. He walked me through the process with no rush. It took us 5 months of constant texting back and forth and not one time did he make me feel that my questions were too much. He helped educate me on the market. Multiple times I sent him properties, very eager to put in an offer and he would turn me down, saying this is not a good property or not the best part of town to get rent. He is not the typical real estate agent to make a quick buck. This guy is definitely looking to only make long-term business relationships. As a foreign national that is buying overseas with a lot of money on the line, you can trust Sage with that. Cambridge, Somerville or “Camberville” as they call it is his playground. Not only is he on top of any property that comes on the market even before it’s on MLS or Zillow, he also has connections to off market properties. - Nicola Tawfik
Sage is a warm and friendly person who is very knowledgeable on all things about Cambridge real estate.If I needed his services again, I would not hesitate to seek out his abilities! Everything went so smoothly, from the first walk through to the last on the day of closing! - Flora Genet
Want more advice on your specific scenario?
Then read more below: