Douglas Elliman Real Estate Represents $1.25M Condo Sale In Cambridge, MA
6 Canal Park Apt 610, Cambridge, Ma 02141, Estados Unidos
$1,250,000
$880/SF
Building Size
1,420 SF
Asset Type
—
Closing
Nov 12, 2020
AI
A condo located at 6 Canal Park in Cambridge, MA has been recently sold. The transaction took place on November 13th, 2020. The property was listed by Manny Sarkis and Jesse Greenstein from Douglas Elliman Real Estate. The asking price for the condo was $1,399,000, and it was eventually sold for $1,250,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,250,000
- Address: 6 Canal Park, Cambridge, MA
- Listed by: Manny Sarkis & Jesse Greenstein - Douglas Elliman Real Estate
This successful transaction was facilitated by the expertise and representation of Manny Sarkis and Jesse Greenstein from Douglas Elliman Real Estate. Their professional assistance ensured a smooth sale of the condo at 6 Canal Park, resulting in a final transaction price of $1,250,000.
Players
Cambridge CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93