Updated Dec 21, 2023
Renee Roberts - William Raveis R.E. & Home Services Acquires Multifamily Property In Cambridge, MA For $1.1M
28 Gold Star Road, Cambridge, Massachusetts 02140, United States
$1,110,000
$441/SF
Building Size
2,516 SF
Asset Type
MultiFamily
Closing
Jan 27, 2022
About this deal
AI
The property involved in the transaction is a multifamily asset located at 28 Gold Star Rd in Cambridge, MA. The sale of the property was concluded on 01/28/2022 for a price of $1,110,000. The property spans a total area of 2,516 square feet, resulting in a price per square foot of $441.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,110,000
- Address: 28 Gold Star Rd
- Market: Cambridge, MA
The buyer's representative in this transaction was Renee Roberts from William Raveis R.E. & Home Services, while the seller's representative was Jared Clement from Charlesgate Realty Group, Llc.
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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93