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196 Hampshire Street

Compass Acquires Multifamily Property In Cambridge For $1.1M
SOLDMultiFamily

Compass Acquires Multifamily Property In Cambridge For $1.1M

196 Hampshire Street

$1,100,000

$623/SF

Building Size

1,765 SF

Asset Type

MultiFamily

Closing

Jan 16, 2024

AI

A multifamily property located at 196 Hampshire Street in Cambridge, MA, was sold for $1,100,000. The property has a total square footage of 1,765 square feet, resulting in a price per square foot of $623.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 196 Hampshire Street, Cambridge, MA
  • Market: Cambridge, MA

The buyer's representative in this transaction was Johnna Dehlinger from Compass, while the seller's representative was Charles George from Keller Williams.

The sale of the multifamily property at 196 Hampshire Street in Cambridge, MA, involved Johnna Dehlinger of Compass representing the buyer and Charles George of Keller Williams representing the seller.

Players

Charles George

Keller Williams Realty

Broker

$2.2M

vol

2 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93