Eastern Mortgage Capital Provides $5.26M Loan For Multifamily Property In Cambridge, MA
FINANCED
$5,264,000
Massachusetts
See Similar DealsMultiFamily36,315 SF
Financed 06/14/2020
FINANCED
Eastern Mortgage Capital Provides $5.26M Loan For Multifamily Property In Cambridge, MA
1558 Massachusetts Avenue, Cambridge, MA, USA
See Similar DealsMultiFamily36,315 SF
Financed 06/14/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$145
Total Square Footage:36,315 SF
Transaction Type:Loan
Located at 1558 Massachusetts Avenue in Cambridge, MA, this multifamily property has recently undergone a closed transaction. The property consists of 31 units, offering a promising investment opportunity in the Cambridge market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,264,000
- Loan Term: 35-year fixed-rate
Earning praise for their expertise in brokering this deal, Tim O'Donnell from Fantini & Gorga successfully represented the buyer in securing a loan from Eastern Mortgage Capital for the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$5,264,000.00
Monthly NOI$35,093.33
Monthly Debt Service$33,272.06
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions