All Star Realty, Inc. Sells Retail Property In Cambridge, MA For $2.2M
SOLD
$2,200,000
Massachusetts
See Similar DealsRetail3,788 SF
Sold 02/28/2022
SOLD
All Star Realty, Inc. Sells Retail Property In Cambridge, MA For $2.2M
242 Huron Avenue, Cambridge, Massachusetts 02138, United States
See Similar DealsRetail3,788 SF
Sold 02/28/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$580
Total Square Footage:3,788 SF
Transaction Type:Sale
A retail property located at 242-252 Huron Ave in Cambridge, MA has recently been sold for a price of $2,200,000. The property spans a total area of 3,788 square feet, resulting in a price per square foot of $581.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,200,000
- Address: 242-252 Huron Ave, Cambridge, MA
- Market: Cambridge, MA
The sale was facilitated by Andrew Mazzeo from All Star Realty, Inc., who represented the buyer and seller in this transaction.
If you would like to get in touch with Andrew Mazzeo and All Star Realty, Inc., you can reach them at 617-642-2240 or visit their website at www.visitallstarrealty.com.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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