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24 Suffolk St, Cambridge, M...

Barbara Currier Facilitates $1.3M Sale Of Multifamily Property On Suffolk St, Cambridge
SOLDMultiFamily

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

Barbara Currier

Coldwell Banker

Broker

$4M

vol

3 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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93