Multifamily Property In Mid Cambridge, MA Sold For $2.7M With Buyer's Rep Sisy Qu & Seller's Rep Howard Schulman
46 Dana St Cambridge, Ma 02138, Usa
$2,700,000
$718/SF
Building Size
3,760 SF
Asset Type
MultiFamily
Closing
Jun 21, 2023
AI
A multifamily property located at 46-46A Dana Street in Mid Cambridge, MA, was sold for $2,700,000 on June 21, 2023. The property spans 3,760 square feet, resulting in a price per square foot of $718.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Address: 46-46A Dana Street, Mid Cambridge, MA
- Market: Mid Cambridge, MA
The buyer's representative in this transaction was Sisy Qu from EXP Realty. Howard Schulman from Leading Edge Real Estate acted as the seller's representative during the sale.
Players
Boston 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93