Katherine Donahue & Lance Greene Facilitates Sale Of Cambridge Multifamily For $1.65M At 178 Larch Rd
178 Larch Road
$1,650,000
$620/SF
Building Size
2,660 SF
Asset Type
MultiFamily
Closing
Feb 7, 2024
AI
In Cambridge, MA, a multifamily property located at 178 Larch Road has been successfully sold for $1,650,000. Spanning 2,660 square feet, the property was transacted at a price per square foot of $620. The transaction was expertly handled by Katherine Donahue and Lance Greene, brokers with Compass.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 178 Larch Road
- Market: Cambridge, MA
Katherine Donahue and Lance Greene, both affiliated with Compass, played pivotal roles in facilitating the sale of the multifamily property at 178 Larch Road. Their expertise and professionalism contributed significantly to the seamless completion of this real estate transaction.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93