Updated Sep 9, 2024
Berkshire Hathaway Acquires Multifamily Property In Cambridge, MA
22 Dudley Street, Cambridge, Massachusetts 02140, United States
$1,818,000
$458/SF
Building Size
3,965 SF
Asset Type
MultiFamily
Closing
Feb 14, 2022
About this deal
AI
The multifamily property located at 22 Dudley St in Cambridge, MA has been sold for $1,818,000. The property spans a total area of 3,965 square feet, resulting in a price per square foot of $459.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,818,000
- Square Footage: 3,965
- Price per Square Foot: $459
- Market: Cambridge, MA
The buyer's representative for this transaction was Giang Nguyen from Transocean Tower Realty LLC, while the seller's representative was the Ng/Praysman Team from Berkshire Hathaway HomeServices Commonwealth Real Estate.
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
8.73%
Cash-on-Cash
-2.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93