Updated Dec 20, 2023
Cambridge Multifamily Sells For $1.25M, Represented By Griffin Properties And Gibson Sotheby's
21-23 Tenney Street, Cambridge, MA, USA
$1,250,000
$484/SF
Building Size
2,578 SF
Asset Type
MultiFamily
Closing
Jan 26, 2021
About this deal
AI
The multifamily property located at 21-23 Tenney Street in Cambridge, MA has been sold for a price of $1,250,000. The property spans a total of 2,578 square feet, resulting in a price per square foot of $485.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 21-23 Tenney Street, Cambridge, MA
- Market: Cambridge, MA
The seller of this property was represented by Paul Griffin from Griffin Properties, while Max Dublin from Gibson Sotheby's International Realty acted as the buyer's representative.
On the Map
$1,250,000
$484/SF
MultiFamily
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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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93