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39-41 Saville Street

Compass Represents Buyer And Coldwell Banker Represents Seller In $1.87M Cambridge Multifamily Sale
SOLDMultiFamily

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

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

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.

Players

Chris Young

Compass

Broker

$21.5M

vol

29 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

8.48%

Cash-on-Cash

-2.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93