Eagle Hill Capital Purchases Development Site From Eric Reyburn In Cambridge For $3.35M
SOLD
$3,350,000
Massachusetts
See Similar DealsDevelopment Site1,760 SF
Sold 10/20/2025
SOLD
Eagle Hill Capital Purchases Development Site From Eric Reyburn In Cambridge For $3.35M
204 Garden Street
See Similar DealsDevelopment Site1,760 SF
Sold 10/20/2025
Summary
MASSACHUSETTS
Asset Type:Development Site
Price Per Square Foot:$1,903
Total Square Footage:1,760 SF
Transaction Type:Sale
The asset involved in the transaction is a development site located at 204 Garden Street in Cambridge, MA. The transaction was completed for a total of $3,350,000, with a building size factor (BSF) of 13,500 and price per BSF (PPBSF) calculated at $248. The property has a square footage (SF) of 1,760, resulting in a price per square foot (PPSF) of $1,903.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,350,000
- Buyer: Eagle Hill Capital
- Seller: Eric Reyburn
- Brokers: Ryan Taylor, Brayden Haney & Justin Pepple - Fortune Realty
The deal was represented by Ryan Taylor, Brayden Haney, and Justin Pepple from Fortune Realty, who facilitated the transaction between Eagle Hill Capital and Eric Reyburn. These brokers played a crucial role in connecting the buyer and seller, ensuring a successful transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$178,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,901.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,880.71
Annual Debt Service$190,568.51
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