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Senné Brokers $1.65M Multifamily Sale In Cambridge, MA On Madison Ave

Property Image
SOLD
$1,650,000

Massachusetts

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MultiFamily3,957 SF
Sold 11/16/2021
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Property Image
SOLD

Senné Brokers $1.65M Multifamily Sale In Cambridge, MA On Madison Ave

22 Madison Ave, Cambridge, Massachusetts, USA

See Similar Deals
MultiFamily3,957 SF
Sold 11/16/2021
Contact now

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:

William Senne from Senné represented the buyer and/or seller in this transaction, ensuring a smooth deal process.

Players

William Senne
12 deals$38.5M volume
BROKER

Details

SOLD
IMAGE: William Senne DATE: 11/16/2021 ADDRESS: 22 Madison Ave MARKET: Cambridge, MA ASSET TYPE: Multifamily BROKER: William Senne - Senné SALE PRICE: $1,650,000 SF: 3,957 ~ PPSF: $417

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Deal Type
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