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John Raposo Of Encompass Property Solutions Represents Buyer In Cambridge Multifamily Sale For $1.425M

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SOLD
$1,425,000

Massachusetts

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MultiFamily2,666 SF
Sold 07/18/2024
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Property Image
SOLD

John Raposo Of Encompass Property Solutions Represents Buyer In Cambridge Multifamily Sale For $1.425M

33 Thingvalla Avenue

See Similar Deals
MultiFamily2,666 SF
Sold 07/18/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$534
Total Square Footage:2,666 SF
Transaction Type:Sale

A classic two-family home at 33 Thingvalla Avenue in Cambridge's Strawberry Hill area was sold for $1.425 million. The property includes five bedrooms, a spacious backyard, and offers convenient access to Harvard Square and local amenities. It has a total area of 2,666 square feet with a price per square foot of $535.

Summary of transaction details:

The transaction involved key representatives in the real estate market, showcasing the efforts of John Raposo, who represented the buyer, and Ari Koufos, who represented the seller. Their involvement highlights the professionalism in facilitating this multifamily home sale.

Players

Ari Koufos
13 deals$16.2M volume
BROKER

John Raposo
Encompass Property Solutions
5 deals$6.3M volume
BROKER

Details

SOLD
IMAGE: John Raposo & Ari Koufos DATE: 07/18/2024 ADDRESS: 33 Thingvalla Avenue MARKET: Cambridge, MA ASSET TYPE: Multifamily BUYER'S REP: John Raposo - Encompass Property Solutions (@EncompassPropS) SELLER'S REP: Ari Koufos (@AriKoufos_RealEstate) - Realty Executives SALE PRICE: $1,425,000 UNITS: 2 ~ PPU: $712,500 SF: 2,666 ~ PPSF: $535 NOTE: A classic two-family home at 33 Thingvalla Ave in Cambridge's Strawberry Hill sold for $1.425 million. The property features five bedrooms, a spacious backyard, and easy access to Harvard Square and local amenities.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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