Lauren Holleran Team Acquires Multifamily Property In Cambridge, MA For $3.39M
SOLD
$3,390,000
Massachusetts
See Similar DealsMultiFamily5,655 SF
Sold 12/13/2021
SOLD
Lauren Holleran Team Acquires Multifamily Property In Cambridge, MA For $3.39M
18 Whittier St, Cambridge, Massachusetts 02140, United States
See Similar DealsMultiFamily5,655 SF
Sold 12/13/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$599
Total Square Footage:5,655 SF
Transaction Type:Sale
The multifamily property located at 18-20 Whittier St in Cambridge, MA has been sold for a price of $3,390,000. The property spans 5,655 square feet, resulting in a price per square foot of $599.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,390,000
- Address: 18-20 Whittier St, Cambridge, MA
- Market: Cambridge, MA
The seller's representative for this transaction was The Team of Real Estate Advisors at Coldwell Banker Realty in Cambridge, while the buyer was represented by the Lauren Holleran Team at Gibson Sotheby's International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$180,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,043.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,070.33
Annual Debt Service$192,843.95
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