facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Single Family Residence

/

Sale

/

11 Berkeley Street, Cambrid...

11 Berkeley Realty Trust Acquires Single Family Property In Cambridge, MA For $10.25M
SOLDSingle Family Residence

11 Berkeley Realty Trust Acquires Single Family Property In Cambridge, MA For $10.25M

11 Berkeley Street, Cambridge, MA, USA

$10,250,000

$1,934/SF

Building Size

5,300 SF

Asset Type

Single Family Residence

Closing

Dec 27, 2020

AI

A single-family property located at 11 Berkeley Street in Cambridge, MA has been sold for a price of $10,250,000. The property spans 5,300 square feet, resulting in a price per square foot of $1,934. The sale took place on December 28, 2020. The buyer of the property is 11 Berkeley Realty Trust, while the seller is 11 Berkeley Street Trust.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $10,250,000
  • Address: 11 Berkeley Street, Cambridge, MA
  • Square Footage: 5,300
  • Price per Square Foot: $1,934

The seller was represented by Gail Roberts and Ed Feijo, while the buyer was represented by Maggie Gold Seelig. The transaction involved the transfer of ownership from the seller, 11 Berkeley Street Trust, to the buyer, 11 Berkeley Realty Trust.

Players

Maggie Gold Seelig

Mgs Group Real Estate

Broker

$83.8M

vol

7 deals

Broker

Cambridge Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93