Senné Represents Buyer In $1.68M Cambridge Condo Sale
36 Gorham Street, Cambridge, Massachusetts 02138, United States
$1,680,000
$935/SF
Building Size
1,796 SF
Asset Type
—
Closing
Mar 24, 2022
AI
Located at 36 Gorham St in Cambridge, MA, this recently sold condo offers a great opportunity for comfortable living. The property, with a total area of 1,796 square feet, was sold for a price of $1,680,000. The sale was facilitated by broker Jeff Valcourt from Senné. The transaction, which took place on March 25, 2022, attracted multiple offers over asking price.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,680,000
- Address: 36 Gorham St, Cambridge, MA
- Square Footage: 1,796
- PPSF: $935
Under the guidance of Jeff Valcourt, professional renovations were carried out on the condo before it was listed for sale. The property went through a swift 30-day closing process, highlighting the efficiency of the transaction.
Players
Cambridge CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93