Barbara Currier Facilitates $1.3M Sale Of Multifamily Property On Suffolk St, Cambridge
24 Suffolk St, Cambridge, Massachusetts, USA
$1,300,000
$497/SF
Building Size
2,613 SF
Asset Type
MultiFamily
Closing
Sep 20, 2021
AI
A multifamily property located at 24 Suffolk St in Cambridge, MA has been sold for a total price of $1,300,000. The property spans 2,613 square feet, resulting in a price per square foot of $498. The sale took place on September 20, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 24 Suffolk St, Cambridge, MA
- Market: Cambridge, MA
- BROKER: Barbara Currier - Coldwell Banker Realty - Cambridge
Barbara Currier, from Coldwell Banker Realty - Cambridge, represented the parties involved in the transaction. She played a crucial role in facilitating the sale of the multifamily property at 24 Suffolk St.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93