Updated Dec 4, 2024
Cambridge Multifamily Sells For $1.57M With Buyer's Rep James Sheils & Seller's Rep Germain Dugre
19 Whitney Avenue
$1,567,500
$735/SF
Building Size
2,130 SF
Asset Type
MultiFamily
Closing
Aug 24, 2023
About this deal
AI
A multifamily property located at 19 Whitney Avenue in Cambridge, MA, has been sold for a total price of $1,567,500. The property spans 2,130 square feet and was sold at a price per square foot of $736.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,567,500
- Address: 19 Whitney Avenue
- Market: Cambridge, MA
The buyer's representative in this transaction was James Sheils from Realty One Group Nest, while the seller's representative was Germain Dugre from Weichert Realtors.
Players
Portland MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.12%
Cash-on-Cash
-2.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93