Updated Dec 4, 2024
Compass Represents Buyer And Coldwell Banker Represents Seller In $1.87M Cambridge Multifamily Sale
39-41 Saville Street
$1,870,000
$676/SF
Building Size
2,764 SF
Asset Type
MultiFamily
Closing
Dec 12, 2023
About this deal
AI
A multifamily property located at 39-41 Saville Street in Cambridge, MA, has been sold for $1,870,000. The transaction involved a total square footage of 2,764, resulting in a price per square foot of $677.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,870,000
- Address: 39-41 Saville Street, Cambridge, MA
- Market: Cambridge, MA
- Buyer's Rep: Christine Lane, Maggie Currier & Spencer Young - Compass
- Seller's Rep: Britta Reissfelder - Coldwell Banker Realty - Canton
The buyer, represented by Christine Lane, Maggie Currier, and Spencer Young from Compass, successfully acquired the property. Meanwhile, the seller was represented by Britta Reissfelder from Coldwell Banker Realty - Canton. The transaction was completed with the assistance of these real estate professionals.
On the Map
$1,870,000
$676/SF
MultiFamily
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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
8.48%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93