G2realty Team & Noemia Alves Acquire Cambridge Multifamily For $1.3M
155-159 Charles Street, Cambridge, Massachusetts, USA
$1,300,000
$472/SF
Building Size
2,752 SF
Asset Type
MultiFamily
Closing
Jan 27, 2021
AI
The multifamily property located at 155-159 Charles Street in Cambridge, MA has been sold for a total price of $1,300,000. The property spans a total square footage of 2,752, resulting in a price per square foot of $472.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 155-159 Charles Street
- Market: Cambridge, MA
- Brokers: G2realty Team & Noemia Alves - RE/MAX DESTINY
- Square Footage: 2,752
- Price per Square Foot: $472
The transaction, which took place on January 28, 2021, was facilitated by the G2realty Team and Noemia Alves from RE/MAX DESTINY. These brokers played a crucial role in the successful completion of the deal.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93