RE/MAX Destiny's Lisa Johnson Brokers $2.88M Multifamily Sale In Cambridge, MA
SOLD
Massachusetts
See Similar DealsMultiFamily4,416 SF
Sold 11/09/2021
SOLD
RE/MAX Destiny's Lisa Johnson Brokers $2.88M Multifamily Sale In Cambridge, MA
42 Dana St, Cambridge, Massachusetts, USA
See Similar DealsMultiFamily4,416 SF
Sold 11/09/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$651
Total Square Footage:4,416 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$153,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,214.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,628.97
Annual Debt Service$163,547.60
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