RE/MAX Andrew Realty Services Sells Multifamily Property In Cambridge, MA For $1.67M
SOLD
$1,670,000
Massachusetts
See Similar DealsMultiFamily3,110 SF
Sold 03/02/2022
SOLD
RE/MAX Andrew Realty Services Sells Multifamily Property In Cambridge, MA For $1.67M
22 Hunting Street, Cambridge, Massachusetts 02141, United States
See Similar DealsMultiFamily3,110 SF
Sold 03/02/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$537
Total Square Footage:3,110 SF
Transaction Type:Sale
A multifamily property located at 22 Hunting St in Cambridge, MA has been sold for $1,670,000. The property spans 3,110 square feet, resulting in a price per square foot of $537.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,670,000
- Address: 22 Hunting St, Cambridge, MA
- Market: Cambridge, MA
- Brokers: Charles Pagliarulo & Paul S. Neves - RE/MAX Andrew Realty Services
Charles Pagliarulo and Paul S. Neves from RE/MAX Andrew Realty Services represented the parties involved in this sale transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,933.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,916.65
Annual Debt Service$94,999.82
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