Esin Susol Sells Multi Family Property In Cambridge, MA For $2.01M
SOLD
$2,010,000
Massachusetts
See Similar DealsMultiFamily2,802 SF
Sold 10/24/2022
SOLD
Esin Susol Sells Multi Family Property In Cambridge, MA For $2.01M
261 Pearl Street, Cambridge, Massachusetts 02139, United States
See Similar DealsMultiFamily2,802 SF
Sold 10/24/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$717
Total Square Footage:2,802 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$107,200.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,141.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,528.43
Annual Debt Service$114,341.11
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