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6 Canal Park Apt 610, Cambr...

Douglas Elliman Real Estate Represents $1.25M Condo Sale In Cambridge, MA
SOLD

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

Jesse Greenstein

Douglas Elliman

Broker

$13.7M

vol

6 deals

Broker

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