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
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.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93