Updated Dec 21, 2023
Boom Realty Sells Multifamily Property In Cambridge, MA For $1.495M
17 Harrison Avenue, Cambridge, Massachusetts 02140, United States
$1,495,000
$439/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Feb 2, 2022
About this deal
AI
A multifamily property located at 17 Harrison Ave in Cambridge, MA has been sold. The property spans 3,400 square feet and was sold for a total price of $1,495,000. The price per square foot (PPSF) comes out to be $440.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,495,000
- Address: 17 Harrison Ave, Cambridge, MA
- Square footage: 3,400
- Price per Square Foot (PPSF): $440
Jessica Aull from Boom Realty represented the parties involved in this transaction.
The multifamily sale at 17 Harrison Avenue, Cambridge, Massachusetts 02140, United States in Cambridge, Massachusetts sold for $1.5M in 2022. The building is 3,400 square feet, implying about 439 per square foot on the published price. Named participants on the 17 Harrison Avenue, Cambridge, Massachusetts 02140, United States sale are Jessica Aull. This page is the Cambridge, Massachusetts file for the 17 Harrison Avenue, Cambridge, Massachusetts 02140, 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 17 Harrison Avenue, Cambridge, Massachusetts 02140, United States around 2022. Published consideration for 17 Harrison Avenue, Cambridge, Massachusetts 02140, United States is $1.5M, dated 2022. Cite this Boom Realty Sells Multifamily Property In Cambridge, MA For $1.495M sale when underwriting similar multifamily product around Cambridge, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.61%
Cash-on-Cash
-3.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93