Esin Susol Sells Multi Family Property In Cambridge, MA For $2.01M
261 Pearl Street, Cambridge, Massachusetts 02139, United States
$2,010,000
$717/SF
Building Size
2,802 SF
Asset Type
MultiFamily
Closing
Oct 23, 2022
AI
The multi-family property located at 261 Pearl Street in Cambridge, MA has been sold for a price of $2,010,000. The property spans across 2,802 square feet, resulting in a price per square foot of $717. The transaction took place on 10/24/2022. Esin Susol from William Raveis Real Estate represented the deal as the broker.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $2,010,000
- Square Footage: 2,802
- Price per Square Foot: $717
- Address: 261 Pearl Street, Cambridge, MA
- Market: Cambridge, MA
Esin Susol, working with William Raveis Real Estate, played a crucial role as the broker in this transaction.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.89%
Cash-on-Cash
-2.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93