Updated Dec 21, 2023
Cambridge Multifamily Sells For $1.85M With Buyer's Rep Rebecca Siegel
19 Florence St, Cambridge, MA 02139, USA
$1,850,000
$67/SF
Building Size
27,600 SF
Asset Type
MultiFamily
Closing
Aug 16, 2020
About this deal
AI
The multifamily property located at 19 Florence Street in Cambridge, MA has been sold for a price of $1,850,000. The property spans an area of 2,760 square feet and has a price per square foot of $670.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 19 Florence Street, Cambridge, MA
- Market: Cambridge, MA
- Square Footage: 2,760
- Price per Square Foot: $670
The seller's representative in this transaction was Amy Lipton from Coldwell Banker Realty - Brookline. The buyer's representative was Rebecca Siegel.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93