facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

240 Allston Street, Cambrid...

Bayside Realty Brokers Sell Cambridge Multifamily Property For $2.5M
SOLDMultiFamily

Bayside Realty Brokers Sell Cambridge Multifamily Property For $2.5M

240 Allston Street, Cambridge, Massachusetts 02139, United States

$2,500,000

$597/SF

Building Size

4,182 SF

Asset Type

MultiFamily

Closing

Mar 30, 2022

AI

The multifamily property located at 240 Allston St in Cambridge, MA has been sold. The transaction took place on March 31, 2022, and the property was sold for a price of $2,500,000. The total square footage of the property is 4,182, resulting in a price per square foot of $598.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Address: 240 Allston St, Cambridge, MA
  • Market: Cambridge, MA
  • SF: 4,182
  • PPSF: $598

The sale of this multifamily property was facilitated by Janette Giso and Mohammad Nooronzi from Bayside Realty. They represented the parties involved in the transaction, acting as brokers for the deal.

Players

Janette Giso

Broker

$2.5M

vol

1 deal

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93