SellBoston Team Acquires Multifamily Property In Cambridge, MA For $1.9M
33 Pemberton Street, Cambridge, MA, USA
$1,900,000
$449/SF
Building Size
4,227 SF
Asset Type
MultiFamily
Closing
Jan 25, 2021
AI
Located at 33 Pemberton Street in Cambridge, MA, this multifamily property recently changed hands in a sale transaction. The property consists of three units, offering a total of 4,227 square feet of living space. The sale price for this property was $1,900,000, resulting in an average price per square foot of $449.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Address: 33 Pemberton Street, Cambridge, MA
- Units: 3
- Total Square Footage: 4,227
- Price per Square Foot: $449
In this transaction, Christopher Griffin from Griffin Properties represented the seller, while the buyer was represented by the SellBoston Team from SellBoston.
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93