Updated Dec 21, 2023
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.
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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
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93