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22 Dudley Street, Cambridge...

Updated Sep 9, 2024

Berkshire Hathaway Acquires Multifamily Property In Cambridge, MA
SOLDMultiFamily

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.

On the Map

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$1,818,000

$458/SF

MultiFamily

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Players

Giang Nguyen

Transocean Tower Realty

Broker

$5.7M

vol

3 deals

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $458 per square foot on a published $1.8M for 3,965 square feet (2022).

Visit Giang Nguyen to view all their deals.

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

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