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Listed 12 days ago

131 Norfolk Avenue

, Cambridge

$499,000

Detached|1 1/2 Storey
4 | 2 | 3
About this home

Welcome to this spacious and well-maintained 3+1 bedroom, 2 bathroom home offering plenty of room for the whole family. The main floor features a functional kitchen that opens into the dining area, creating an inviting space for everyday living and entertaining, along with a comfortable living room and a main floor office/bedroom. Upstairs, you'll find two additional bedrooms, while the finished lower level offers even more living space with a rec room and fourth bedroom - perfect for guests, a home office, or growing families. Outside, enjoy a good-sized backyard with plenty of space to relax, play, or entertain, along with an impressive detached garage built in 2024, offering excellent space for parking, storage, a workshop, or hobby area. Several major exterior updates have already been completed, including the roof, siding, gutters, fascia, and soffits in 2023. Some Doors and kitchen windows were updated between 2020 and 2023, adding to the home's overall functionality and appeal. With flexible living space, a large newer detached garage, a great backyard, and important updates already completed, this home offers plenty of opportunity for its next owners to move in and make it their own.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,962
Lot Size40 ft x 110 ft
mls© NumberX13695184
Listed ByRed And White 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%
$2,554
Property tax
$330
Heat allowance
$150
Housing costs
$3,034 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,800
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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