493 Cambridge St
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
20% of that payment is not the mortgage. The HOA fee alone is $16,680 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,659.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($49,900). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($278 in 2026), not enough for a trend yet. The listing shows $278/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- In-unit W/D
- Garage parking
- Low HOA (0.3%/yr)
- Newer build (2022)
⚠️ Cons
🚩 Red flags
- Listed BELOW its 2024 sale ($1200k) → value eroding
Photos
Price history (this unit)
- Sep 16, 2026 — Listed $998,000
- Jun 28, 2024 — Sold (MLS) $1,199,900
- Apr 25, 2024 — Listed $1,199,900
Description
Modern, light-filled and exceptionally easy to live in, 493 Cambridge Street offers the comfort and space of a single-family home with the convenience of newer construction. Built in 2022 and set within the Lofton at Portola community, this thoughtfully designed three-bedroom, two-and-a-half-bath residence spans approximately 1,622 square feet across two levels. The open-concept main level is designed for both everyday living and entertaining, seamlessly connecting the kitchen, dining and living spaces with a private deck for an easy indoor-outdoor flow. Upstairs, the spacious primary suite feels like a true retreat with two walk-in closets and a well-appointed ensuite bath. A big bonus are…