facebook
Traded Co logo
Submit
Daily limit: 0/10

Wendy Wang Represents Buyer In $1.398M Multifamily Sale In Cambridge

Property Image
SOLD
$1,398,000

Massachusetts

See Similar Deals
MultiFamily5,480 SF
Sold 04/30/2024
the dealplayerscompscontact
Property Image
SOLD

Wendy Wang Represents Buyer In $1.398M Multifamily Sale In Cambridge

127 Fresh Pond Parkway & 129 Fresh Pond Parkway

See Similar Deals
MultiFamily5,480 SF
Sold 04/30/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$255
Total Square Footage:5,480 SF
Transaction Type:Sale

A Philadelphia-style two-family home at 127-129 Fresh Pond Parkway in Cambridge sold for $1.398 million. The Victorian property features hardwood floors, built-ins, high ceilings, porches, a backyard, and parking, making it suitable for owner-occupants or investors.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,398,000
  • Units: 2
  • Price Per Unit: $699,000
  • Total Square Footage: 2,740
  • Price Per Square Foot: $510
  • Address: 127-129 Fresh Pond Parkway
  • Market: Cambridge, MA

Wendy Wang of Downtown Boston Real Estate represented the buyer in the transaction, while Harry Silverstein of Keller Williams was the seller's representative.

Players

Harry Silverstein
1 deal$1.4M volume(617) 440-1744
BROKER

Wendy Wang
3 deals$4M volume(617) 959-5368
BROKER

Details

SOLD
IMAGE: Wendy Wang DATE: 04/30/2024 ADDRESS: 127-129 Fresh Pond Parkway MARKET: Cambridge, MA ASSET TYPE: Multifamily BUYER'S REP: Wendy Wang - Downtown Boston Real Estate SELLER'S REP: Harry Silverstein - Keller Williams (@KellerWilliamsRealty) SALE PRICE: $1,398,000 UNITS: 2 ~ PPU: $699,000 SF: 2,740 ~ PPSF: $510 NOTE: A Philadelphia-style two-family home at 127-129 Fresh Pond Parkway in Cambridge sold for $1.398 million. The Victorian property features hardwood floors, built-ins, high ceilings, porches, a backyard, and parking, making it suitable for owner-occupants or investors.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,560.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,966.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,627.23
Annual Debt Service$79,526.80