Updated Dec 4, 2024
Multifamily Property In Cambridge, MA Sells For $1.4M With Buyer's Rep Charles Cherney & Seller's Rep Kenneth Fund
130 Garden Street
$1,400,000
$575/SF
Building Size
2,433 SF
Asset Type
MultiFamily
Closing
Sep 29, 2023
About this deal
AI
A multifamily property located at 130 Garden Street in Cambridge, MA has been sold for $1.4 million. The property spans 2,433 square feet, resulting in a price per square foot (PPSF) of $575.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 130 Garden Street, Cambridge, MA
- Market: Cambridge, MA
- Buyer's Representative: Charles Cherney - Compass
- Seller's Representative: Kenneth Fund - Think Real Estate Services
Charles Cherney from Compass represented the buyer, while Kenneth Fund from Think Real Estate Services represented the seller in this transaction.
On the Map
$1,400,000
$575/SF
MultiFamily
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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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93