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15 Berkshire Street, Cambri...

Cambridge Multifamily Sells For $2.78M With Brokers Rich Cawley & Nick Jasinski
SOLDMultiFamily

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

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.

Players

Nick Jasinski

Broker

$31.5M

vol

14 deals

Broker

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

5.71%

Cash-on-Cash

-1.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93