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35 Blakeslee St Cambridge, ...

Coldwell Banker Realty Acquires Multifamily Property On Blakeslee Street For $3.115M
SOLDMultiFamily

Coldwell Banker Realty Acquires Multifamily Property On Blakeslee Street For $3.115M

35 Blakeslee St Cambridge, MA 02138, USA

$3,115,000

$718/SF

Building Size

4,338 SF

Asset Type

MultiFamily

Closing

Jun 7, 2023

AI

A multifamily property located at 35 Blakeslee Street in Cambridge, Massachusetts, was sold for $3.115 million. The transaction involved a 4,338 square-foot space with a price per square foot of $718.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $3,115,000
  • Address: 35 Blakeslee Street
  • Market: Cambridge, MA

The buyer's representative in the deal was Bill Aibel from Coldwell Banker Realty - Cambridge, and the seller's representative was John Petrowsky from COMPASS.

Players

John Petrowsky

Compass

Broker

$12.3M

vol

5 deals

Broker

Boston 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

5.09%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93