Updated Nov 10, 2026
DND Homes Acquires Development Site At 163 Pearl Street In Cambridge For $2,650,000
163 Pearl Street
$2,650,000
$736/SF
Building Size
3,600 SF
Asset Type
Development Site
Closing
Oct 20, 2026
About this deal
AI
The property asset involved in this transaction is a development site located at 163 Pearl Street, Cambridge, MA. The sale price for the property was $2,650,000, encompassing a total area of 3,600 square feet, which translates to a price per square foot of $736.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,650,000
- Address: 163 Pearl Street
- Market: Cambridge, MA
- Buyer: DND Homes
- Seller: Linna Ma
- Brokers: John Maggio - Evo Real Estate Group
- Brokers: Yassien Youssef - Compass
- Brokers: Ryan Taylor - Fortune Realty
- Brokers: Brayden Haney - Fortune Realty
The deal involved several key individuals and companies. John Maggio represented the buyer, DND Homes, through Evo Real Estate Group, while Yassien Youssef represented aspects of the transaction via Compass. Ryan Taylor and Brayden Haney, representing Fortune Realty, were also integral to facilitating the deal.
On the Map
$2,650,000
$736/SF
Development Site
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Players
Cambridge Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93