Senné Brokers $1.65M Multifamily Sale In Cambridge, MA On Madison Ave
SOLD
$1,650,000
Massachusetts
See Similar DealsMultiFamily3,957 SF
Sold 11/16/2021
SOLD
Senné Brokers $1.65M Multifamily Sale In Cambridge, MA On Madison Ave
22 Madison Ave, Cambridge, Massachusetts, USA
See Similar DealsMultiFamily3,957 SF
Sold 11/16/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$417
Total Square Footage:3,957 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
Is there something missing? Send suggestions