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Gibson Sotheby's International Realty Sells Single Family Home In Cambridge, MA For $5.5M

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SOLD
$5,500,000

Massachusetts

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Single Family Residence7,747 SF
Sold 12/15/2020
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Property Image
SOLD

Gibson Sotheby's International Realty Sells Single Family Home In Cambridge, MA For $5.5M

11 Gray Gardens West, Cambridge, MA, USA

See Similar Deals
Single Family Residence7,747 SF
Sold 12/15/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$710
Total Square Footage:7,747 SF
Transaction Type:Sale

The single-family property located at 11 Gray Gardens W. in Cambridge, MA was recently sold for a price of $5,500,000 on 12/15/2020. The property spans approximately 7,747 square feet, resulting in a price per square foot of $710.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,500,000
  • Address: 11 Gray Gardens W., Cambridge, MA
  • Market: Cambridge, MA

The seller's representative in this transaction was George Ballantyne from Gibson Sotheby's International Realty. On the other hand, Gail Roberts and Ed Feijo from Coldwell Banker Realty represented the buyer.

Players

George Ballantyne
1 deal$5.5M volume
BROKER

Gail Roberts
Coldwell Banker
12 deals$39.8M volume
BROKER

Ed Feijo
Coldwell Banker
7 deals$29.3M volume
BROKER

Details

SOLD
IMAGE: George Ballantyne, Ed Feijo, & Gail Roberts⁠ DATE: 12/15/2020⁠ ADDRESS: 11 Gray Gardens W.⁠ MARKET: Cambridge, MA⁠ ASSET TYPE: Single Family⁠ ⁠ SELLER'S REP: George Ballantyne - Gibson Sotheby's International Realty⁠ BUYER'S REP: Gail Roberts & Ed Feijo - Coldwell Banker Realty⁠ ⁠ SALE PRICE: $5,500,000⁠ SF: 7,747 ~ PPSF: $710

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$293,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67