Redfin Corp. Acquires Multifamily Property In Cambridge, MA For $1.42M
286 Pearl Street, Cambridge, Massachusetts 02139, United States
$1,420,000
$719/SF
Building Size
1,973 SF
Asset Type
MultiFamily
Closing
Apr 19, 2022
AI
The multifamily property located at 286 Pearl St in Cambridge, MA has been sold for a total price of $1,420,000. The property spans a total area of 1,973 square feet, resulting in a price per square foot of $720.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,420,000
- Address: 286 Pearl St, Cambridge, MA
- Market: Cambridge, MA
- Buyer's Representative: Kristin Moore - Redfin Corp.
- Seller's Representative: Daniela Cafaro - Compass
Kristin Moore from Redfin Corp. represented the buyer in this transaction, while Daniela Cafaro from Compass represented the seller.
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
11.17%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93