Updated Dec 21, 2023
Cambridge Multifamily Sells For $2.78M With Brokers Rich Cawley & Nick Jasinski
15 Berkshire Street, Cambridge, MA, USA
$2,780,000
$527/SF
Building Size
5,267 SF
Asset Type
MultiFamily
Closing
Dec 3, 2020
About this deal
AI
A multifamily property located at 15 Berkshire Street in Cambridge, MA has been sold for $2,780,000. The property spans 5,267 square feet, resulting in a price per square foot of $528. It consists of 6 units, with a price per unit of $463,333.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,780,000
- Address: 15 Berkshire Street
- Market: Cambridge, MA
The transaction was facilitated by brokers Rich Cawley and Nick Jasinski.
The multifamily sale at 15 Berkshire Street, Cambridge, MA, USA in Cambridge, Massachusetts sold for $2.8M in 2020. Reported inventory is 5,267 square feet across 6 units, or about 527 per square foot. Nick Jasinski, Rich Cawley, United Multi Family appear on the sale alongside United Multi Family. This page is the Cambridge, Massachusetts file for the 15 Berkshire Street, Cambridge, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cambridge sit in the Market section below. Filter that Cambridge multifamily set by closing date to see what else sold near 15 Berkshire Street, Cambridge, MA, USA around 2020. Published consideration for 15 Berkshire Street, Cambridge, MA, USA is $2.8M, dated 2020. Cite this Cambridge Multifamily Sells For $2.78M With Brokers Rich Cawley & Nick Jasinski sale when underwriting similar multifamily product around Cambridge, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.71%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93