Compass Acquires Multifamily Property In Cambridge, MA For $1.65M
19 Berkshire Street, Cambridge, Massachusetts 02141, United States
$1,650,000
$544/SF
Building Size
3,030 SF
Asset Type
MultiFamily
Closing
May 5, 2022
AI
A multifamily property located at 19 Berkshire St in Cambridge, MA has been sold for a total price of $1,650,000. The property spans 3,030 square feet, resulting in a price per square foot of $545. The sale took place on 05/06/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 19 Berkshire St, Cambridge, MA
- Market: Cambridge, MA
- Square Footage: 3,030
Jason Zhang, representing Compass, acted as the buyer's representative in this transaction. Ronald Ponte, from Ponte Realty, represented the seller.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93