Boston Multifam And Kurt Cawley Represent Sale Of 6-Unit Multifamily Property In Cambridge, MA For $3.1M
27 5th Street, Cambridge, MA, USA
$3,093,750
$555/SF
Building Size
5,568 SF
Asset Type
MultiFamily
Closing
Dec 1, 2020
AI
A multifamily property located at 27 5th Street in Cambridge, MA has been recently sold. The sale was facilitated by Nick Jasinski of Boston Multifam and Kurt Cawley. The transaction took place on December 1, 2020.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $3,093,750
- Square Footage: 5,568
- Price per Square Foot: $556
- Number of Units: 6
- Price per Unit: $515,625
The sale price for the multifamily property was $3,093,750, with a square footage of 5,568 and a price per square foot of $556. The property consists of 6 units, making the price per unit $515,625.
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
5.13%
Cash-on-Cash
-1.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93