Updated Sep 5, 2024
Gabriel Ochoa Acquires Multifamily Property In Cambridge, MA For $2.25M
150 Thorndike Street, Cambridge, Massachusetts 02141, United States
$2,250,000
$527/SF
Building Size
4,265 SF
Asset Type
MultiFamily
Closing
Jan 30, 2022
About this deal
AI
The multifamily property located at 150 Thorndike St in Cambridge, MA has been sold for $2,250,000. The property spans across 4,265 square feet, resulting in a price per square foot of $528.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Address: 150 Thorndike St
- Market: Cambridge, MA
The buyer's representative for this transaction was Gabriel Ochoa from United Brokers, while the seller's representative was Alex Wang from Hestia.
The multifamily sale at 150 Thorndike Street, Cambridge, Massachusetts 02141, United States in Cambridge, Massachusetts sold for $2.3M in 2022. The building is 4,265 square feet, implying about 527 per square foot on the published price. Gabriel Ochoa, Alex Wang, United Brokers appear on the sale alongside United Brokers. This page is the Cambridge, Massachusetts file for the 150 Thorndike Street, Cambridge, Massachusetts 02141, United States 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 150 Thorndike Street, Cambridge, Massachusetts 02141, United States around 2022. Published consideration for 150 Thorndike Street, Cambridge, Massachusetts 02141, United States is $2.3M, dated 2022. Cite this Gabriel Ochoa Acquires Multifamily Property In Cambridge, MA For $2.25M sale when underwriting similar multifamily product around Cambridge, Massachusetts.
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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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93