Eagle Hill Capital Purchases Development Site From Eric Reyburn In Cambridge For $3.35M
204 Garden Street
$3,350,000
$1,903/SF
Building Size
1,760 SF
Asset Type
Development Site
Closing
Oct 19, 2025
AI
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
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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93