Updated Feb 16, 2024
Alberto Haddad Secures $3.2M Fannie Mae DUS® Small Loan For Cambridge Multifamily
1590 Cambridge Street, Cambridge, MA, USA
$3,236,000
$402/SF
Building Size
8,046 SF
Asset Type
MultiFamily
Closing
Oct 20, 2020
About this deal
AI
The multifamily property located at 1590 Cambridge Street in Cambridge, MA was involved in a recent loan transaction. The loan amount for this transaction was $3,236,000, and it was obtained through a Fannie Mae DUS ® Small Loan. The lender for this loan was Arbor Realty Trust.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,236,000
- Landlord: Alberto Haddad
- Lender: Arbor Realty Trust
The loan transaction for the property at 1590 Cambridge Street was completed on 10/21/2020. The property is located in the market of Cambridge, MA. David Tevis is the representative from Arbor Realty Trust who facilitated this loan transaction.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.90%
Cash-on-Cash
-1.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93