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Compass Represents Buyer And Coldwell Banker Represents Seller In $1.87M Cambridge Multifamily Sale
SOLD
$1,870,000
+ 1
Massachusetts
See Similar DealsMultiFamily2,764 SF
Sold 12/12/2023
SOLD
Compass Represents Buyer And Coldwell Banker Represents Seller In $1.87M Cambridge Multifamily Sale
39-41 Saville Street
See Similar DealsMultiFamily2,764 SF
Sold 12/12/2023
+ 1
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$676
Total Square Footage:2,764 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$99,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,643.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,864.75
Annual Debt Service$106,377.05
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