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
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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