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390 Huron Avenue

$1.78M Cambridge Multifamily Sale With Buyer's Rep Compass And Seller's Rep Coldwell Banker
SOLDMultiFamily

$1.78M Cambridge Multifamily Sale With Buyer's Rep Compass And Seller's Rep Coldwell Banker

390 Huron Avenue

$1,775,000

$575/SF

Building Size

3,087 SF

Asset Type

MultiFamily

Closing

Nov 8, 2023

AI

A multifamily property located at 390 Huron Avenue in Cambridge, MA, has changed hands for $1,775,000. The property spans 3,087 square feet and was sold at a price per square foot of $575.

Summary of transaction details:

The buyer in this transaction was represented by Chris Young, Maggie Currier, and Spencer Lane from Compass, while the seller was represented by Patrick Murphy from Coldwell Banker.

Note that this information is based on a closed transaction and no additional details were provided.

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

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93