facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

421 Putnam Avenue, Cambridg...

Senné Brokers $2.5M Multifamily Sale On Putnam Ave In Cambridge, MA
SOLDMultiFamily

Senné Brokers $2.5M Multifamily Sale On Putnam Ave In Cambridge, MA

421 Putnam Avenue, Cambridge, Massachusetts 02139, United States

$2,525,000

$611/SF

Building Size

4,128 SF

Asset Type

MultiFamily

Closing

Dec 10, 2021

AI

A multifamily property located at 421 Putnam Ave in Cambridge, MA was recently sold for $2,525,000. The property offers a total area of 4,128 square feet, resulting in a price per square foot of $612. The sale was facilitated by William Senne from Senné brokerage.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $2,525,000
  • Address: 421 Putnam Ave, Cambridge, MA
  • Square Footage: 4,128
  • Price per Square Foot: $612
  • Broker: William Senne - Senné

This transaction highlights the successful sale of a multifamily property in Cambridge, MA. William Senne, representing Senné brokerage, played a key role in facilitating the deal. The property's sale price of $2,525,000 reflects its value and market demand in the Cambridge market.

Players

William Senne

Senné

Broker

$38.5M

vol

12 deals

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.28%

Cash-on-Cash

-1.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93