175 Richdale Avenue, Cambridge MA
Frequently Asked Questions
What is Cohousing?
Cohousing is an intentional community of private homes clustered around shared space. Each attached or single family home has traditional amenities, including a private kitchen. Shared spaces typically feature a common house, which may include a large kitchen and dining area, laundry, and recreational spaces. You can learn more about cohousing HERE.
Where is Cambridge Cohousing located?
We are located near Porter Square, Cambridge. Porter Square is a neighborhood in Cambridge and Somerville, Massachusetts, between Harvard and Davis Squares.
Is Cambridge Cohousing a co-op or a condo association?
Cambridge Cohousing is a condominium association. All units are owner-occupied, except for two affordable units rented and managed by the Cambridge Housing Authority.
How often do units become available?
There is no way to predict when units become available. From 2012 to 2018, 5 units have been sold, ranging from a 2-bedroom apartment to a 4-bedroom townhouse. As units become available for purchase they will be listed on our website HERE.
Do you have rentals?
All units except two are owner-occupied. Home rentals are rare and short-term only (one year or less). There are also two affordable units owned and rented by the Cambridge Housing Authority. Please click HERE for more information about affordable homes through the Cambridge Housing Authority. Occasionally some homeowners privately rent rooms in their homes.
How much do units cost?
Sale prices of homes at Cambridge Cohousing reflect the local market rate. According to Zillow, the median sales price for homes in Cambridge for July 18 to October 17, 2018 was $783,500 based on 181 home sales. Condo fees in our community include the cost of common areas and utilities, including heat and cooling, so they are slightly higher than condo fees for similar homes in Cambridge, MA.
Is the cost of living in Cambridge Cohousing less expensive than the cost of living in a regular condo in Cambridge, Ma?
Cohousing communities like ours share common resources and facilities, so there may be savings in areas like common meals and shared child care, but in general the cost of living at Cambridge Cohousing is the same as in a regular condo.
Do you have a waiting list?
We have a Friends list of people who are interested in someday purchasing a home and living in our community. To become a friend, we suggest you take a tour of Cambridge Cohousing. You can request a tour HERE.