Updated Dec 21, 2023
Cushman & Wakefield Sells Multifamily Property In Cambridge For $1.2M
19 Mellen Street, Cambridge, Massachusetts 02138, United States
$1,200,000
$441/SF
Building Size
2,721 SF
Asset Type
MultiFamily
Closing
May 30, 2022
About this deal
AI
A multifamily property located at 19 Mellen St in Cambridge, MA has been sold for a total price of $1,200,000. The property spans a total area of 2,721 square feet and was sold at a price per square foot of $441.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
The sale of this multifamily property was facilitated by Christopher Sower of Cushman & Wakefield.
The multifamily sale at 19 Mellen Street, Cambridge, Massachusetts 02138, United States in Cambridge, Massachusetts sold for $1.2M in 2022. The building is 2,721 square feet, implying about 441 per square foot on the published price. Christopher Sower, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Cambridge, Massachusetts file for the 19 Mellen Street, Cambridge, Massachusetts 02138, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cambridge sit in the Market section below. Filter that Cambridge multifamily set by closing date to see what else sold near 19 Mellen Street, Cambridge, Massachusetts 02138, United States around 2022. Published consideration for 19 Mellen Street, Cambridge, Massachusetts 02138, United States is $1.2M, dated 2022. Cite this Cushman & Wakefield Sells Multifamily Property In Cambridge For $1.2M sale when underwriting similar multifamily product around Cambridge, Massachusetts.
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Christopher Sower to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93