Updated Oct 28, 2024
Xin Liu Purchases Cambridge, MA Condo For $760,000
22-24 Soden Street, Cambridge, Massachusetts 02139, United States
$760,000
Units
726
Asset Type
—
Closing
Feb 28, 2022
About this deal
AI
Located at 22-24 Soden St, Unit 2 in Cambridge, MA, this condo was recently sold in a closed transaction. The property is a 726 square foot unit, with a sale price of $760,000, resulting in a price per square foot of $1,047. The transaction took place on 03/01/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $760,000
- Buyer: Xin Liu
- Seller: RNGO LLC
- Broker: Jarrett Hurwitz - Keller Williams
- Market: Cambridge, MA
Jarrett Hurwitz from Keller Williams represented the buyer and seller in this transaction. The sale of this condo highlights the demand for properties in Cambridge, MA, with a sale price of $760,000 and a price per square foot of $1,047.
Cambridge CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1K per unit across 726 units on a published $760K (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.87%
Cash-on-Cash
-5.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93