Compass Acquires Multifamily Property In Cambridge, MA For $1.29M
34-36 Kelly Rd, Cambridge, Massachusetts, USA
$1,290,000
$606/SF
Building Size
2,128 SF
Asset Type
MultiFamily
Closing
Nov 8, 2021
AI
A multifamily property located at 34-36 Kelly Rd in Cambridge, MA has been sold for a price of $1,290,000. The property spans 2,128 square feet and was sold at a price per square foot of $606.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,290,000
- Date: 11/08/2021
- Market: Cambridge, MA
The buyer's representative for this transaction was Liz & Ellie Real Estate from Compass. They were responsible for representing the buyer in the deal. The seller's representative, John Schwagerl & Scott Twadelle, worked on behalf of RCG Properties.
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
12.30%
Cash-on-Cash
-3.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93