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
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.
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93