Updated Dec 21, 2023
Dreamega International Realty Acquires Multifamily Property In Cambridge, MA For $2.28M
10 Newton Street, Cambridge, Massachusetts 02139, United States
$2,280,000
$574/SF
Building Size
3,969 SF
Asset Type
MultiFamily
Closing
Aug 8, 2022
About this deal
AI
A multifamily property located at 10 Newton St in Cambridge, MA has been sold in a recent transaction. The property spans approximately 3,969 square feet. The sale price for this transaction was $2,280,000, resulting in a price per square foot of $574.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,280,000
- Address: 10 Newton St, Cambridge, MA
- Square Footage: 3,969
- Price per Square Foot: $574
The buyer in this transaction was represented by Dream Team from Dreamega International Realty LLC. On the other hand, Carole Talley from Charlesbank Real Estate served as the seller's representative.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.96%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93