Compass Acquires Multifamily Property In Cambridge, MA For $1.5M
44 Kinnaird Street, Cambridge, MA, USA
$1,500,000
$725/SF
Building Size
2,068 SF
Asset Type
MultiFamily
Closing
Mar 18, 2021
AI
The multifamily property located at 44 Kinnaird Street in Cambridge, MA was recently sold for $1,500,000. The property spans 2,068 square feet and was sold at a price per square foot of $725. The sale took place on March 19, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Square Footage: 2,068
- Price per Square Foot: $725
- Date: March 19, 2021
- Address: 44 Kinnaird Street, Cambridge, MA
- Market: Cambridge, MA
The seller's representative in this transaction was Lauren Watts from Dovetail Real Estate Group, LLC. The buyer's representative was Deanna Palmin from Compass.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93