Compass And RE/MAX Destiny Brokers Facilitate $1.775M Multifamily Sale In Cambridge, MA
SOLD
$1,775,000
Massachusetts
See Similar DealsMultiFamily2,040 SF
Sold 05/19/2022
SOLD
Compass And RE/MAX Destiny Brokers Facilitate $1.775M Multifamily Sale In Cambridge, MA
19 Rindgefield Street, Cambridge, Massachusetts 02140, United States
See Similar DealsMultiFamily2,040 SF
Sold 05/19/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$870
Total Square Footage:2,040 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$94,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,306.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,414.41
Annual Debt Service$100,972.87
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