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305 Webster Avenue

Fortune RE And ABG Commercial Realty Brokered $3.97M Package Deal Sale In Cambridge
SOLDPackage Deal

Fortune RE And ABG Commercial Realty Brokered $3.97M Package Deal Sale In Cambridge

305 Webster Avenue

$3,970,000

$708/SF

Building Size

5,600 SF

Asset Type

Package Deal

Closing

Jul 20, 2022

AI

The package deal at 305 Webster Ave in Cambridge, MA has been successfully sold for a price of $3,970,000. The property spans an area of 5,600 square feet, resulting in a per square foot price of $709.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $3,970,000
  • Address: 305 Webster Ave, Cambridge, MA
  • Square Footage: 5,600
  • Price Per Square Foot: $709
  • Market: Cambridge, MA

The sale of this package deal was facilitated by the brokers involved in the deal. Ryan Taylor and Justin Pepple from Fortune RE, and Stephanie Deering from ABG Commercial Realty were the key individuals representing the parties in this transaction.

Players

Justin Pepple

Fortune Realty

Broker

$44.5M

vol

13 deals

Broker

City of Rochester Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.00%

Cash-on-Cash

-1.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93