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19 Rindgefield Street, Camb...

Compass And RE/MAX Destiny Brokers Facilitate $1.775M Multifamily Sale In Cambridge, MA
SOLDMultiFamily

Compass And RE/MAX Destiny Brokers Facilitate $1.775M Multifamily Sale In Cambridge, MA

19 Rindgefield Street, Cambridge, Massachusetts 02140, United States

$1,775,000

$870/SF

Building Size

2,040 SF

Asset Type

MultiFamily

Closing

May 18, 2022

AI

A multifamily property located at 19 Rindgefield St in Cambridge, MA has been sold for $1,775,000. The property spans 2,040 square feet, resulting in a price per square foot of $870.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,775,000
  • Address: 19 Rindgefield St
  • Market: Cambridge, MA

The buyer of this property was represented by Emma Guardia, Roland Rambaud, and their team from Compass. On the other hand, Sandrine Deschaux from RE/MAX Destiny acted as the seller's representative.

Players

Roland Rambaud

Compass

Broker

$6.5M

vol

3 deals

Broker

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

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93