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27 Ellery Street, Cambridge...

Updated Dec 21, 2023

Currier, Lane & Young Acquires Multifamily Property In Cambridge, MA For $2.75M
SOLDMultiFamily

Currier, Lane & Young Acquires Multifamily Property In Cambridge, MA For $2.75M

27 Ellery Street, Cambridge, Massachusetts 02138, United States

$2,750,000

$700/SF

Building Size

3,927 SF

Asset Type

MultiFamily

Closing

May 5, 2022

About this deal

AI

This multifamily property located at 27 Ellery St in Cambridge, MA has been sold for $2,750,000. The property spans 3,927 square feet, resulting in a price per square foot of $700.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,750,000
  • Date: 05/06/2022
  • Market: Cambridge, MA

The buyer was represented by Currier, Lane & Young - Compass, while the seller was represented by Pamela Gilman - Compass.

The multifamily sale at 27 Ellery Street, Cambridge, Massachusetts 02138, United States in Cambridge, Massachusetts sold for $2.8M in 2022. The building is 3,927 square feet, implying about 700 per square foot on the published price. Pamela Gilman, Compass appear on the sale alongside Compass. This page is the Cambridge, Massachusetts file for the 27 Ellery Street, Cambridge, Massachusetts 02138, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cambridge sit in the Market section below. Filter that Cambridge multifamily set by closing date to see what else sold near 27 Ellery Street, Cambridge, Massachusetts 02138, United States around 2022. Published consideration for 27 Ellery Street, Cambridge, Massachusetts 02138, United States is $2.8M, dated 2022. Cite this Currier, Lane & Young Acquires Multifamily Property In Cambridge, MA For $2.75M sale when underwriting similar multifamily product around Cambridge, Massachusetts.

Players

Pamela Gilman

Compass

Broker

$2.8M

vol

1 deal

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $700 per square foot on a published $2.8M for 3,927 square feet (2022).

Visit Compass to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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