1230 Duke Street
, Cambridge
$699,000
Excellent Opportunity With Future Redevelopment Potential! Zoned for Duplex Use, This 3-Bedroom Detached Home Offers Strong End-User, Investor, and Builder Appeal. Situated on a Huge Lot, the Property Is Vacant and Move-In Ready, Making for Immediate Possession or Rental Potential. Both Washrooms Have Been Completely Renovated, and the Main Floor Has Been Tastefully Updated for Modern Living. A Rare Chance to Own a Well-Maintained Home With Strong Upside in Both Current Use and Future Development Potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $370,939 |
| Lot Size | 52 ft x 165 ft |
| mls© Number | X13609194 |
| Listed By | RE/MAX SKYWAY REALTY INC. |
Listing History
- No recent sale history for this listing.
- 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%
- $3,578
- Property tax
- $30,912
- Heat allowance
- $150
- Housing costs
- $34,639 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$1,066,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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