Updated Dec 18, 2023
Compass Represents Buyer And Coldwell Banker Realty Represents Seller In $2.55M Multifamily Sale On Cambridge St, Cambridge MA
1529 Cambridge Street, Cambridge, Massachusetts 02139, United States
$2,550,000
$606/SF
Building Size
4,202 SF
Asset Type
MultiFamily
Closing
Feb 28, 2022
About this deal
AI
The multifamily property located at 1529 Cambridge St in Cambridge, MA was recently sold for $2,550,000. The property spans over 4,202 square feet, resulting in a price per square foot of $581. The sale took place on 03/01/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Address: 1529 Cambridge St, Cambridge, MA
- Market: Cambridge, MA
Kendall Green Luce Team from Compass represented the buyer in this transaction. The seller was represented by Brita Sheehan from Coldwell Banker Realty - Scituate. Both parties played crucial roles in facilitating the sale.
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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93