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19 Plymouth St, Pembroke, M...

Updated Dec 21, 2023

Steven S. Kim Acquires Multifamily In Cambridge For $1.92M
SOLDMultiFamily

Steven S. Kim Acquires Multifamily In Cambridge For $1.92M

19 Plymouth St, Pembroke, MA 02359, USA

$1,920,000

$46/SF

Building Size

40,900 SF

Asset Type

MultiFamily

Closing

Mar 2, 2020

About this deal

AI

A multifamily property located at 19 Plymouth Street in Cambridge was recently sold on March 3, 2020. The property consists of 3 units and spans 4,090 square feet. The sale price for this transaction was $1,920,000, resulting in a price per square foot of $469. The buyer, Steven S. Kim, acquired the property from the seller, Estate of Maria M. Luz. The transaction was facilitated by broker Paul Slavinski from Charles Associates.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,920,000
  • Square Footage: 4,090
  • Price per Square Foot: $469
  • Number of Units: 3
  • Price per Unit: $640,000
  • Seller: Estate of Maria M. Luz
  • Buyer: Steven S. Kim
  • Broker: Paul Slavinski - Charles Associates

Paul Slavinski, representing Charles Associates, played a key role in facilitating the transaction between the buyer and the seller. This sale represents a successful transaction in the Cambridge market, with the property being acquired at a price per unit of $640,000.

Players

Paul Slavinski

Broker

$1.9M

vol

1 deal

Broker

Pembroke MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $46 per square foot on a published $1.9M for 40,900 square feet (2020).

Visit Paul Slavinski to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.26%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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