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30-32 Cameron Ave, Cambridg...

Julie Gibson Of Gibson Sotheby's Sells Multifamily Property In Cambridge For $1.84M
SOLDMultiFamily

Julie Gibson Of Gibson Sotheby's Sells Multifamily Property In Cambridge For $1.84M

30-32 Cameron Ave, Cambridge, Massachusetts, USA

$1,840,000

$538/SF

Building Size

3,420 SF

Asset Type

MultiFamily

Closing

May 3, 2021

AI

The multifamily property located at 30-32 Cameron Ave in Cambridge, MA has been sold for a total of $1,840,000. The property spans across 3,420 square feet and was sold at a price of $538 per square foot.

Summary of transaction details

Julie Gibson from Gibson Sotheby's International Realty represented the seller in this transaction, while Joginder Saini from New Home Realty represented the buyer.

Players

Julie Gibson

Sotheby's International Realty

Broker

$2.9M

vol

2 deals

Broker

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

8.62%

Cash-on-Cash

-2.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93