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11 Dudley Street, Cambridge...

Updated Dec 21, 2023

Multifamily In Cambridge, MA Sells For $1.6M | Buyer: Wangni Tian - Sweet Home Realty | Seller: Mra Team - Multifamily Realty Associates, Llc
SOLDMultiFamily

Multifamily In Cambridge, MA Sells For $1.6M | Buyer: Wangni Tian - Sweet Home Realty | Seller: Mra Team - Multifamily Realty Associates, Llc

11 Dudley Street, Cambridge, Massachusetts 02140, United States

$1,600,000

$465/SF

Building Size

3,435 SF

Asset Type

MultiFamily

Closing

Feb 28, 2022

About this deal

AI

The multifamily property located at 11 Dudley St in Cambridge, MA was recently sold in a transaction on 03/01/2022. The property spans a total area of 3,435 square feet and was sold for a price of $1,600,000, resulting in a price per square foot (PPSF) of $466. The transaction involved the participation of the buyer's representative, Wangni Tian from Sweet Home Realty, and the seller's representative, Mra Team from Multifamily Realty Associates, Llc.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Square Footage: 3,435
  • Price per Square Foot (PPSF): $466
  • Buyer's Representative: Wangni Tian - Sweet Home Realty
  • Seller's Representative: Mra Team - Multifamily Realty Associates, Llc

The buyer's representative, Wangni Tian from Sweet Home Realty, facilitated the purchase of the multifamily property. On the other hand, the seller was represented by Mra Team from Multifamily Realty Associates, Llc. The involvement of these key individuals and companies contributed to the successful completion of the transaction.

Players

Wangni Tian

Broker

$4.9M

vol

3 deals

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $465 per square foot on a published $1.6M for 3,435 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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