Updated Dec 20, 2023
Ryan Benton Of Horvath & Tremblay Sells Multifamily Property On Cambridge St In Boston, MA For $2.25M
602-604 Cambridge St, Boston, Massachusetts, USA
$2,250,000
$479/SF
Building Size
4,693 SF
Asset Type
MultiFamily
Closing
Aug 9, 2021
About this deal
AI
This multifamily property located at 602-604 Cambridge St in Boston, MA has been sold for a price of $2,250,000. The property spans across 4,693 square feet, resulting in a price per square foot of $479.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Date: 08/10/2021
- Address: 602-604 Cambridge St
- Market: Boston, MA
The sale of this property was facilitated by Ryan Benton of Horvath & Tremblay.
The multifamily sale at 602-604 Cambridge St, Boston, Massachusetts, USA in Boston, Massachusetts sold for $2.3M in 2021. The building is 4,693 square feet, implying about 479 per square foot on the published price. Ryan Benton, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Boston, Massachusetts file for the 602-604 Cambridge St, Boston, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 602-604 Cambridge St, Boston, Massachusetts, USA around 2021. Published consideration for 602-604 Cambridge St, Boston, Massachusetts, USA is $2.3M, dated 2021. Cite this Ryan Benton Of Horvath & Tremblay Sells Multifamily Property On Cambridge St In Boston, MA For $2.25M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93