Noemia Alves & William Senné Acquire Multifamily Property In Cambridge, MA For $1.5M
SOLD
$1,500,000
Massachusetts
See Similar DealsMultiFamily2,040 SF
Sold 05/10/2022
SOLD
Noemia Alves & William Senné Acquire Multifamily Property In Cambridge, MA For $1.5M
23 Hunting Street, Cambridge, Massachusetts 02141, United States
See Similar DealsMultiFamily2,040 SF
Sold 05/10/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$735
Total Square Footage:2,040 SF
Transaction Type:Sale
The multifamily property located at 23 Hunting St in Cambridge, MA has been sold for $1,500,000. The property spans over 2,040 square feet and was sold at a price per square foot of $735.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,500,000
- Square Footage: 2,040
- Price Per Square Foot: $735
- Address: 23 Hunting St, Cambridge, MA
- Market: Cambridge, MA
The buyer's representative in this transaction was William Senné from SennÃ, while the seller's representative was Noemia Alves from RE/MAX Destiny.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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