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
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