WO RE Holdings Acquires Mixed-Use Property In Cambridge For $3.75M
465 Cambridge St #473, Cambridge, Ma 02141, Usa
$3,750,000
$34/SF
Building Size
110,000 SF
Asset Type
Mixed-use
Closing
Apr 28, 2020
AI
The mixed-use property located at 465-473 Cambridge Street in Cambridge has been sold for a price of $3,750,000. The property spans an area of 11,000 square feet, resulting in a price per square foot of $340.
Summary of transaction details
- Property Type: MixedUse
- Transaction Amount: $3,750,000
- SF: 11,000
- PPSF: $340
- Address: 465-473 Cambridge Street
- Market: Cambridge
The seller of the property is Dazhang LLC, represented by Shirui Lin. The buyer is WO RE Holdings LLC, represented by Pibin Teng and Ben Z Lin. The transaction was facilitated by Jing Zheng from SuccessRealEstate.
Players
Cambridge Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93