Updated Dec 19, 2023
Horvath & Tremblay Brokers Facilitate $4.7M Sale Of 12-Unit Multifamily In Cambridge, MA
132 Sherman Street, Cambridge, MA, USA
$4,700,000
$395/SF
Building Size
11,880 SF
Asset Type
MultiFamily
Closing
Aug 27, 2021
About this deal
AI
A multifamily property located at 132 Sherman St in Cambridge, MA was recently sold for $4,700,000. The property consists of 12 units and spans a total of 11,880 square feet, leading to a price per square foot of $396. The sale was facilitated by brokers Dennis Kelleher and John Pentore from Horvath & Tremblay.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Address: 132 Sherman St, Cambridge, MA
- Market: Cambridge, MA
- Square Footage: 11,880
- Price per Square Foot: $396
- Units: 12
- Brokers: Dennis Kelleher & John Pentore - Horvath & Tremblay
Dennis Kelleher and John Pentore from Horvath & Tremblay were instrumental in facilitating the sale of this multifamily property in Cambridge, MA. Their expertise and representation played a key role in the successful 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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93