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178 Larch Road

Katherine Donahue & Lance Greene Facilitates Sale Of Cambridge Multifamily For $1.65M At 178 Larch Rd
SOLDMultiFamily

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

Katherine Donahue

Compass

Broker

$7M

vol

4 deals

Broker

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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93