RE/MAX Destiny's Lisa Johnson Brokers $2.88M Multifamily Sale In Cambridge, MA
42 Dana St, Cambridge, Massachusetts, USA
$2,875,000
$651/SF
Building Size
4,416 SF
Asset Type
MultiFamily
Closing
Nov 9, 2021
AI
The multifamily property located at 42 Dana St in Cambridge, MA has been sold for a total price of $2,875,000. The property spans 4,416 square feet, resulting in a price per square foot of $651.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,875,000
- Square Footage: 4,416
- Price per Square Foot: $651
- Address: 42 Dana St, Cambridge, MA
- Market: Cambridge, MA
The buyer's representative in this transaction was Lisa Johnson from RE/MAX Destiny, while the seller's representative was William Senne from Senné.
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
5.52%
Cash-on-Cash
-1.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93