Berkshire Hathaway Homeservices Commonwealth Real Estate Facilitates $1.68M Sale Of Multifamily Property In Cambridge, MA
161 Pearl St, Cambridge, Massachusetts 02139, United States
$1,680,000
$466/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Jan 25, 2022
AI
The multifamily property located at 161-163 Pearl St in Cambridge, MA was recently sold for a price of $1,680,000. The property spans across 3,600 square feet, resulting in a price per square foot of $467.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,680,000
- Address: 161-163 Pearl St, Cambridge, MA
- Market: Cambridge, MA
The sale was facilitated by the Ng/Praysman Team from Berkshire Hathaway Homeservices Commonwealth Real Estate. Helen Praysman and Patricia Ng, representing the team, played a crucial role in the transaction.
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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93