Senné Brokers $1.65M Multifamily Sale In Cambridge, MA On Madison Ave
22 Madison Ave, Cambridge, Massachusetts, USA
$1,650,000
$417/SF
Building Size
3,957 SF
Asset Type
MultiFamily
Closing
Nov 16, 2021
AI
Located at 22 Madison Ave in Cambridge, MA, this multifamily property was recently sold in a closed transaction. The property spans across 3,957 square feet and boasts a sale price of $1,650,000, resulting in a price per square foot of $417.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 22 Madison Ave, Cambridge, MA
- Market: Cambridge, MA
- Broker: William Senne - Senné
William Senne from Senné represented the buyer and/or seller in this transaction, ensuring a smooth deal process.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93