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204 Garden Street

Eagle Hill Capital Purchases Development Site From Eric Reyburn In Cambridge For $3.35M
SOLDDevelopment Site

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:

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

Justin Pepple

Fortune Realty

Broker

$44.5M

vol

13 deals

Broker
Fortune Realty
Fortune RealtyBrokerage

Cambridge Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

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