Boston Multifam And Kurt Cawley Represent Sale Of 6-Unit Multifamily Property In Cambridge, MA For $3.1M
SOLD
$3,093,750
Massachusetts
See Similar DealsMultiFamily5,568 SF
Sold 12/01/2020
SOLD
Boston Multifam And Kurt Cawley Represent Sale Of 6-Unit Multifamily Property In Cambridge, MA For $3.1M
27 5th Street, Cambridge, MA, USA
See Similar DealsMultiFamily5,568 SF
Sold 12/01/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$555
Total Square Footage:5,568 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,991.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,665.95
Annual Debt Service$175,991.44
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