Cambridge Multifamily Property Sold For $1.61M With Buyer's Rep Jaimi Meuse & Seller's Rep Carol Willmont
SOLD
$1,610,000
Massachusetts
See Similar DealsMultiFamily2,914 SF
Sold 01/17/2022
SOLD
Cambridge Multifamily Property Sold For $1.61M With Buyer's Rep Jaimi Meuse & Seller's Rep Carol Willmont
133 Fayerweather Street, Cambridge, Massachusetts 02138, United States
See Similar DealsMultiFamily2,914 SF
Sold 01/17/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$552
Total Square Footage:2,914 SF
Transaction Type:Sale
The multifamily property located at 133 Fayerweather St in Cambridge, MA has been sold for a price of $1,610,000. The sale took place on January 17, 2022. The property spans a total area of 2,914 square feet, resulting in a price per square foot of $553.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,610,000
- Address: 133 Fayerweather St
- Market: Cambridge, MA
Jaimi Meuse served as the buyer's representative in the transaction. On the other hand, Carol Willmont, from Carol Willmont Realty, represented the seller. This deal showcases the expertise and professional negotiation skills of these individuals in the real estate industry.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,719.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,632.22
Annual Debt Service$91,586.66
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