Updated Dec 21, 2023
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
About this deal
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
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