Updated Mar 8, 2026
Douglas Keach Purchases Development Site At 202 Garden Street Cambridge From Fraser Allan For $1.825M
202 Garden Street
$1,825,000
Building Size
—
Asset Type
Development Site
Closing
Feb 20, 2026
About this deal
AI
202 Garden Street is a development site located in Cambridge, MA, which was sold for $1,825,000. This property presents a by-right development opportunity in the Neighborhood 9 area.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,825,000
- Buyer: Douglas Keach
- Seller: Fraser Allan
- Broker Representatives: Ryan Taylor, Brayden Haney & Justin Pepple - Fortune Realty
The transaction involved multiple key individuals from Fortune Realty, specifically the brokers Ryan Taylor, Brayden Haney, and Justin Pepple, who represented the buyer and seller in this deal.
On the Map
$1,825,000
Development Site
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.69%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93