SOLDMultiFamily
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
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.
Players
Boston 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93