51 Sparrow Avenue 96, Cambridge

$579,900
51 Sparrow Avenue 96

$579,900

New
23d
Common Element Condo3-Storey

51 Sparrow Avenue 96, Cambridge

Total Monthly Obligation $2,994

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
23d
Score
41
Yield
7.8%
Cash on Cash
9.2%
Cap Rate
6.6%
5Y IRR
23.0%
10Y IRR
20.8%
Property Type-Common Element Condo
MLS® Number-X13851926
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 30, 2026
Style-3-Storey
Building Type-Common Element Condo
Age-0-5
Taxes-$4,536 (2025)
Maintenance-$76.51/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-CORCORAN HORIZON REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to this modern 3-storey freehold townhome built in 2022 in a family-friendly Cambridge community. Offering 1,734 sq.ft, this home features 3 bedrooms and 3 bathrooms. The ground level offers a versatile flex space, ideal for a home office or recreation room. The second level showcases a bright, open-concept kitchen, dining and living area with granite countertops, stainless steel appliances, a convenient powder room and a walk-out to a private balcony. The upper level features a spacious primary bedroom with a 3 piece ensuite and a walk-in closet, two additional bedrooms, a full bathroom and upper-level laundry. Attached garage plus driveway parking. Close to schools, parks, shopping, transit and quick highway access.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$2,994/mo
Mortgage $2,339
Monthly Loss $2,378
Principal$616
Interest$1,724
Property Tax$378
Condo Fees$77
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
4.0%18
5-Year IRR
18.9%89
10-Year IRR
17.8%
Returns Index
52.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
41/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,420/yr
NOI
$33,024/yr
Net Cash Flow
$413/mo
Cash Margin
10.9%31
Cash Flow Index
30.6/ 100
Risk Profile
Weight: 20%
DSCR
1.1843
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
37.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 51 Sparrow Avenue 96

Time

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Data last updated within the past 24 hours.