Gail Roberts & Ed Feijo Sell Multifamily Property In Cambridge, MA For $2.16M
415 Broadway, Cambridge, Massachusetts 02138, United States
$2,160,000
$675/SF
Building Size
3,198 SF
Asset Type
MultiFamily
Closing
Aug 30, 2022
AI
The multifamily property located at 415 Broadway in Cambridge, MA was recently sold for a total price of $2,160,000. The property spans approximately 3,198 square feet, resulting in a price per square foot of $675. The transaction took place on August 31, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,160,000
- Address: 415 Broadway, Cambridge, MA
- Market: Cambridge, MA
The buyer was represented by Currier, Lane & Young from Compass, while the seller was represented by Gail Roberts, Ed Feijo & Team from Coldwell Banker Realty.
Players
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
7.34%
Cash-on-Cash
-2.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93