Daily limit: 0/10
Michael Grill Purchases Office Condo At 1035 Cambridge Street From Just A Start For $1.275M
SOLD
$1,275,000
Massachusetts
See Similar DealsOffice2,961 SF
Sold 02/12/2025
SOLD
Michael Grill Purchases Office Condo At 1035 Cambridge Street From Just A Start For $1.275M
1035 Cambridge Street
See Similar DealsOffice2,961 SF
Sold 02/12/2025
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$430
Total Square Footage:2,961 SF
Transaction Type:Sale
The property involved in this transaction is an office space located at 1035 Cambridge Street, Cambridge, MA. The asset, which encompasses a total of 2,961 square feet, was sold for a price of $1,275,000, translating to a price per square foot of $431.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,275,000
- Buyer: Michael Grill
- Seller: Just A Start
- Brokers: Leigh Freudenheim & Ellen Fantini Cullinan - Freudenheim Partners
This transaction involved the sale of the office condo by Freudenheim Partners on behalf of the nonprofit organization Just A Start, indicating engagement in the local nonprofit sector. Michael Grill, representing the buying party, completed the purchase of the property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81
Is there something missing? Send suggestions