Updated Sep 9, 2024
John Pentore's Horvath & Tremblay Sells Cambridge Multifamily For $3.9M
361 Washington Street
$3,900,000
$760/SF
Building Size
5,129 SF
Asset Type
MultiFamily
Closing
Oct 24, 2022
About this deal
AI
The multifamily property located at 361 Washington St in Cambridge, MA was recently sold. The transaction took place on October 24, 2022, with a sale price of $3,900,000. The property spans a total area of 5,129 square feet, resulting in a price per square foot of $760.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Address: 361 Washington St, Cambridge, MA
- Market: Cambridge, MA
- Square Footage: 5,129
The sale was facilitated by John Pentore from Horvath & Tremblay, acting as the broker in the transaction.
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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93