Cambridge Multifamily Sells For $3.8M With Broker Daniel Tully - Symphony Properties
166 Auburn Street, Cambridge, Massachusetts 02139, United States
$3,800,000
$465/SF
Building Size
8,157 SF
Asset Type
MultiFamily
Closing
Jul 26, 2022
AI
A multifamily property located at 166-168 Auburn St in Cambridge, MA has been sold for a price of $3,800,000. The property spans 8,157 square feet, resulting in a price per square foot of $466. The sale was facilitated by Daniel Tully of Symphony Properties.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Date: 07/27/2022
- Address: 166-168 Auburn St
- Market: Cambridge, MA
Daniel Tully of Symphony Properties represented the parties involved 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93