Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Cambridge, MA For $2.3M
27 Cogswell Avenue, Cambridge, MA 02140
$2,300,000
$816/SF
Building Size
2,818 SF
Asset Type
MultiFamily
Closing
Oct 1, 2021
About this deal
AI
A multifamily property located at 27 Cogswell Ave in Cambridge, MA has been sold for $2,300,000. The property spans approximately 2,818 square feet, resulting in a price per square foot of $816.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 27 Cogswell Ave
- Market: Cambridge, MA
The buyer's representative in this transaction was Jeffrey Meese from Berkshire Hathaway HomeServices Commonwealth Real Estate. Siyin Qu from eXp Realty represented the seller.
Additional information or details about the transaction are not available.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93