Boston Condo, Loft and Luxury Boston Real Estate Blog

As most of you know we are big fans of the Nortpoint project. Even through its troubles, time will eventually bring this great vision for East Cambridge to fruition. See recent blog posts on Northpoint here, here and here.

Just when the future of the mega-sized NorthPoint project in East Cambridge was beginning to look a little sunnier, it appears greyer skies are on the horizon for the embattled development.

Last week, the Boston Herald reported the investment company that had initially agreed to buy the NorthPoint complex may be trying to back out of the deal.

Woody McMahon, a spokesman for the Archon Group, would not confirm an attempt on his company’s part to withdraw its purchase agreement.

“It’s a very difficult transaction,” McMahon said. “We’ve have a number of conversations with the involved parties as it relates to this transaction.”

According to a Herald report, a letter sent from the Archon Group on Jan. 17 indicated the company wanted to terminate its purchase agreement with Pan Am Railways, the parent company of the Boston and Maine Corporation, and the Cambridge NorthPoint LLC. Asked about the letter, McMahon would only say “the facts are incorrect.” Continued…

Source: WickedLocal

On a great tour of Northpoint in East Cambridge today we saw 4 great units (1 of each style available) in the Tango building. We didnt get a chance Here is the scoop with Northpoint as far as the product goes. Each unit comes with one parking spot. The parking spot is included in the price of your Northpoint Condo however it is an outdoor spot. They have indoor spots under the building available but that would run you an additional $38k (for a compact spot) or for you people who have the Range Rovers and Suburbans your spot will be $50k on top of your condo price.

Taxes in Cambridge will run you $7.43 per thousands. Approx $3,715 annually (309/month) on a $500,000 Purchase Price

Condo Fee’s you are looking at approx 1 - 1.2% of the sales price. (Example 500k Condo = Monthly condo fee: $416 -$500 / month. Your condo fees cover the normal, heat, ac, water, insurance, etc….you just pay your own electrical to pump it all into your unit. (The Norm…)

Unit # 618 (Studio) - Price - $369k

Unit # 619 - (1 Bed+ 1Bath) - Price - $503k

Unit # 722 - (1 Bed+ 1.5Bath) Price - $518k

Unit # 914 (PH 2 Bed, 2 Bath) - Price - $679k

Overall, the product is one of the nicest for the money in Boston/Boston area hands down. Arclinea kitches, gorgeous bamboo flooring, Duravit fixtures, and decent appliances. The westerly facing units on the high floors have some views of the Charles River and the Back Bay, while the Easterly facing units look over the (soon to be built Northpoint) towards Charlestown and North.

Northpoint Condo units should be ready next month, however, they are still held up in a legal battle involving the development, we expect to see this get cleaned up in the next 60 days (hopefully)!

See Northpoint Condos for sale on our website here.

(above photo:  Christian Major of CondoDomain Boston takes notes as Jillian Falwell, Sale Associate for Northpoint sets the pace)

For More Pictures Click On The Thumbnails Below

One First represents uncommon value. Here, home is more than the space behind your unit’s door. It’s the amenities that connect you, greet you, expand your horizons and respond to your needs. East Cambridge offers unparalleled access and convenience. Connect to the Financial District via the Lechmere Green Line MBTA Station, located just steps from One First.

For convenient access to other destinations throughout Boston and Cambridge, the Orange and Red lines are a short walk away. Experience the new Boston, free of the above-ground expressway. New parks and walkways create connections to thriving neighborhoods and commercial centers with restaurants, shopping, and cultural destinations. Easy access to the Charles River brings neighbors together to share in outdoor recreation.

Search One First Condos 

NorthPoint is the place to be, round the clock. By day, its East Cambridge location is at the crossroads of academic and commercial research and innovation, with easy access to hospitals, universities, downtown Boston and an expanding network of parks and paths along the Charles River. By night, it’s just across the river from all that the city has to offer, just across the bridge from historic Charlestown’s restaurants and just down the street from the diverse attractions and entertainment of Cambridge and Somerville. Whether walking or riding, you’re connected. The Community College commuter rail station is on one side of NorthPoint, the Lechmere T stop on the other…until the T opens its new NorthPoint stop right on site. By car, NorthPoints adjacent to the Zakim Bridge and Route 93, north to New Hampshire or south to the Cape. Or jump on Route 1, Storrow Drive or Memorial Drive. North Station is ten minutes by foot, Harvard Square is ten minutes by T, and Logan International Airport is just ten minutes by cab. Orange Line and Green Line , commuter rail and highway, it adds up to a perfect ten for easy access to wherever you want to go.

The Regatta Riverview Residences is a full-service, luxury property located across the street from the Museum of Science, overlooking the Charles River. The building has gone through a $10 million transformation of its lobby, common areas and amenities; which boast a private screening theater, entertainment room, business center and fitness facility. In addition, the Regatta is a professionally managed building with 24-hour concierge and security, valet parking, and an on-site market.

The residences can be custom-designed with high-end finishes that include options of stainless steel appliances, new cabinets, various carpets or hardwood floors, granite and marble. Each home comes equipped with a washer and dryer, oversized windows, air conditioning, and some have balconies. The two bedroom, two bathroom condos start from the 450’s up to 930k and are just under 1100 square feet. The one bedroom, one bathroom condos range from the 380’s through 610K and range between 601 and 701 square feet. Combo units are available starting at $1M. The prices all include one valet parking space.

Search Regatta Riverview Condos for Sale in Cambridge