Updated Dec 21, 2023
Boardwalk Properties Closes $2.8M Multifamily Sale In Cambridge, MA
119 Inman Street, Cambridge, Massachusetts 02139, United States
$2,800,000
$638/SF
Building Size
4,386 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
About this deal
AI
The multifamily property located at 119 Inman St in Cambridge, MA has been sold. The sale was facilitated by Jose Feliciano from Boardwalk Properties. The transaction took place on June 17, 2022, with a sale price of $2,800,000. The property spans 4,386 square feet, resulting in a price per square foot of $638.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Address: 119 Inman St, Cambridge, MA
- Market: Cambridge, MA
- Broker: Jose Feliciano - Boardwalk Properties
- Square footage: 4,386
- Price per square foot: $638
This successful transaction was made possible with the assistance of Jose Feliciano from Boardwalk Properties. Feliciano served as the representative for the buyer or seller involved in the deal, ensuring a smooth process and favorable outcome.
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93