Jason Saphire's HomeZu Brokers $3.75M Sale Of Multifamily Property In Cambridge, MA
SOLD
$3,750,000
Massachusetts
See Similar DealsMultiFamily7,580 SF
Sold 07/08/2022
SOLD
Jason Saphire's HomeZu Brokers $3.75M Sale Of Multifamily Property In Cambridge, MA
337 Cambridge Street, Cambridge, Massachusetts 02141, United States
See Similar DealsMultiFamily7,580 SF
Sold 07/08/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$494
Total Square Footage:7,580 SF
Transaction Type:Sale
The multifamily property located at 337 Cambridge St in Cambridge, MA has been sold for a price of $3,750,000. The property spans across 7,580 square feet, resulting in a price per square foot of $495.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Address: 337 Cambridge St, Cambridge, MA
- Market: Cambridge, MA
- Broker: Jason Saphire - www.HomeZu.com
The deal was facilitated by Jason Saphire, representing www.HomeZu.com. The transaction was completed on 07/08/2022. This marks a successful sale in the Cambridge, MA market, further contributing to the real estate landscape in the area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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