Boston Condo, Loft and Luxury Boston Real Estate Blog

Reservoir Lofts in Cambridge is a brand new loft condominium development built right next door to the Alewife T-Stop in Cambridge, MA. We were over there last week and this weekend to wrap up a gorgeous duplex loft unit for one of our clients W/ underground garage deeded parking!

Reservoir Lofts - located in the heart of the Fresh Pond neighborhood, where residents benefit from the best of both worlds. Enjoy a vibrant city lifestyle with the convenience of shopping at Whole Foods Market, coffee at Starbucks, movie theaters, restaurants, a pharmacy, and public transportation only seconds away…or retreat into the picturesque Fresh Pond Reservation - where the city melts away into an oasis of natural beauty - to enjoy a wealth of recreational activities that include miles of walking, jogging, and biking trails, picnic areas, a golf course, and - for the nature enthusiast - an abundance of plants and wildlife.

At a low $400’s per sq/ft this is the best deal in Cambridge! Check out some units below.

Reservoir Lofts Units Still Available: (Click Here To View Details)

$485,000, 1 Bd, 1 Ba, 1086
$439,000, 2 Bd, 2 Ba, 1020 (Not anymore - this one is ours!)
$439,000, 2 Bd, 2 Ba, 1044
$439,000, 2 Bd, 2 Ba, 1044
$439,000, 2 Bd, 2 Ba, 1020
$349,000, 1 Bd, 1 Ba, 748
$349,000, 1 Bd, 1 Ba, 748
$349,000, 1 Bd, 1 Ba, 748
$349,000, 1 Bd, 1 Ba, 748
$324,500, 1 Bd, 1 Ba, 627
$324,500, 1 Bd, 1 Ba, 681
$299,000, 1 Bd, 1 Ba, 681
$299,000, 1 Bd, 1 Ba, 627

Interesting in touring Reservoir Lofts in Cambridge - make sure you give us a call and we will be happy to set up an appointment for you!

Did you know that if your a resident of Cambridge and obtain a parking permit, that you can park anywhere citywide?  I though that was pretty cool.  Unlike Boston where it is neighborhood specific, so if  you drive your car from the Back Bay to the South End you need to duke it out for a meter like everyone else!

Want a sticker?

Your vehicle must:
• Be registered in your name at your Cambridge address
• Be principally garaged at your Cambridge address
• Weigh less than 2.5 tons
• Leased vehicles must still be registered in Mass and principally garaged at your Cambridge
• Company vehicles must be registered in Mass and principally garaged at your Cambridge address. You must have a letter from your company, on company letterhead, stating that the vehicle has been assigned to you and you maintain control over the vehicle at all times. The letter must include the name, title, and phone number of your supervisor

Fee:
* $8.00 for the initial resident permit which includes one visitor parking permit per household
* $8.00 per vehicle for any additional resident parking permits in the household
* A replacement permit is free if you return your old permit
* Replacement fee for lost or stolen permits is $50.00

No fee if:
• You are age 65 or older. Provide proof of age.
• You have disability plates or placard.

Cambridge Resident Parking Website

(Picture:  Interior courtyard @ One First Cambridge)

Today we took a tour at One First for one of our clients who is currently in Florida. He noticed a few units on our website in which the price had been reduced so we went over and belted out some photos for him. At the moment he is reviewing the photos and we are determining if we want to put an offer in one One First. How about that….talk about efficient, right?

One First is an all new condominium development in East Cambridge. Located right next to the Glass Factory, Regatta Riverview, and Northpoint, One First has its own set of characteristics. One First is like a mini urban village with the convenience of a private community, the charm of an enduring neighborhood with the amenities of modern living.

Need access to transportation…it doesnt get much easier than this - One First is located across the street from the Lechmere Green Line MBTA stop.

Need to get some shopping done or dine out? You are about 35 steps to the Cambridge Side Galleria.

One First is made up of 5 addresses, so make sure you are searching all of the addresses which include Cambridge Street, First Street and Otis Street. In the entire condominium development there are 196 condo units, plenty of indoor garage parking, fitness facility, library/media room and full time concierge. There are some upgraded packages available upon request, but they are at 80% sold so not sure how much more of that stuff is left.

Interested in One First in East Cambridge? Contact Us

Below are some pictures we snapped off today of the model unit which has been professionally decorated and has sold for just north of $720k (un-decorated - 2bed, 2 bath w/patio)

(Picture:  Main Lobby off Cambridge Street - Click Thumbnails below to enlarge)

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

No question the best value at Regatta!

MOTIVATED SELLER

Amazing views from the 22nd floor. This unit at the Regatta Riverview was ompletely renovated in 2005. Deeded storage & parking is included in this lavish 1 bedroom. The kitchen in this Regatta unit has custom cherry cabinets, Bosh stainless steel appliances, matching granite floor, countertops, breakfast bar and backsplash in kitchen. Brilliant cherry floors in entry way and living room and dining room area. Kohler tub & fixtures with marble shower surround, matching granite floor and countertop in bath. On site professional management by Tillingers, concierge, full gym, pool, valet parking, private theater & party room!

Price: $469,000

condoDomain Cash Refund $6,725

10 Museum Way
Unit # 2228
Cambridge, MA 02141

MLS # 70588440

Type: Condominium
Beds: 1 Bedroom
Bath: 1 (Baths)

Sq/Ft: 663
Price per Sq/Ft: $707.39
Condo Fee: $567 (monthly)
Taxes: $2,902 (annual)

Estimated payment is calculated on a 6.5% 30 year fixed mortgage with a 20% down payment. Please visit our Finance page to customize your own mortgage payment and terms.

Estimated Payment: $2,685

Neighborhood: East Cambridge

See The Unit

View The Regatta Riverview

by way of the BostonREB.

Here’s the latest, courtesy of a reader (on BostonREB).

The last notification I received didn’t even have a closing date assigned. They indicated that a date would be given to me once an occupancy permit was issued. The sales office seemed to think February, but they really have no clue.

The Sierra building looks totally complete, and I had actually been inside a couple of times.

Aside from the occupancy permit, it seems that there are some legal problems. A registry of deeds search on the seller - “sierra plus tango llc” - returns some good information on the multiple liens for both the Sierra and Tango buildings.

Another buyer I was in touch with told me that her mortgage broker found out that “15 of 30″ buyers had gotten their deposits back already. This was before I backed out and I know of another buyer who should be out soon as well.

See Northpoint Condos

See other Cambridge Condos

Nearby Cambridge Condos include: Regatta Riverview, One First & Glass Factory

The stalled NorthPoint project, which is already reeling from a nasty legal battle between its partners, now faces another serious blow that could lead to delays in the opening of condo high-rises.

Contractors who had been working on the multibillion-dollar “city within a city” have taken out liens on the Cambridge development, saying they are owed more than $1.5 million for work they were never paid for.

The liens could prevent Boston and Maine Corp., a NorthPoint landowner and lead developer, from pushing ahead with plans to open the project’s first two condo buildings, lawyers for the contractors say. Continued..

(Northpoint Condo Blog Post)

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