Updated Dec 21, 2023
Farrelly Realty Group Acquires Multifamily Property In Cambridge For $2.125M
38 High St, Cambridge, Massachusetts 02138, United States
$2,125,000
$617/SF
Building Size
3,442 SF
Asset Type
MultiFamily
Closing
Jan 23, 2022
About this deal
AI
A multifamily property located at 38-40 High St in Cambridge, MA has been sold for a price of $2,125,000. The property spans 3,442 square feet, resulting in a price per square foot of $617. Geri Farrelly from Farrelly Realty Group represented the buyer in this transaction, while Kim Walker-Chin from Coldwell Banker Realty - Cambridge represented the seller.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,125,000
- Address: 38-40 High St, Cambridge, MA
- Market: Cambridge, MA
- Buyer's Representative: Geri Farrelly - Farrelly Realty Group
- Seller's Representative: Kim Walker-Chin - Coldwell Banker Realty - Cambridge
- Square Footage: 3,442
- Price per Square Foot: $617
Geri Farrelly from Farrelly Realty Group represented the buyer during this transaction. The seller was represented by Kim Walker-Chin from Coldwell Banker Realty - Cambridge.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Kim Walker-Chin to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93