SOLDMultiFamily
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
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.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93