Updated Sep 5, 2024
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
About this deal
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.
The multifamily sale at 35 Blakeslee St Cambridge, MA 02138, USA in Boston, Massachusetts sold for $3.1M in 2023. The building is 4,338 square feet, implying about 718 per square foot on the published price. John Petrowsky, Bill Aibel, Coldwell Banker, Compass appear on the sale alongside Coldwell Banker, Compass. This page is the Boston, Massachusetts file for the 35 Blakeslee St Cambridge, MA 02138, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 35 Blakeslee St Cambridge, MA 02138, USA around 2023. Published consideration for 35 Blakeslee St Cambridge, MA 02138, USA is $3.1M, dated 2023. Cite this Coldwell Banker Realty Acquires Multifamily Property On Blakeslee Street For $3.115M sale when underwriting similar multifamily product around Boston, Massachusetts.
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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