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47 Bay State Road, Cambridg...

Gail Roberts Sells Multifamily Property In Cambridge, MA For $3.175M Using Coldwell Banker Realty
SOLDMultiFamily

Gail Roberts Sells Multifamily Property In Cambridge, MA For $3.175M Using Coldwell Banker Realty

47 Bay State Road, Cambridge, Massachusetts 02138, United States

$3,175,000

$357/SF

Building Size

8,888 SF

Asset Type

MultiFamily

Closing

Oct 2, 2022

AI

In a recent transaction in Cambridge, MA, a multifamily property located at 47-53 Bay State Rd was sold for a total of $3,175,000. The property spans a total area of 8,888 square feet, resulting in a price per square foot of $357.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,175,000
  • Address: 47-53 Bay State Rd, Cambridge, MA
  • Market: Cambridge, MA

Br Brokerage, representing the buyer, and Gail Roberts from Coldwell Banker Realty - Cambridge, representing the seller, played key roles in facilitating this transaction.

Players

Gail Roberts

Coldwell Banker

Broker

$39.8M

vol

12 deals

Broker

Cambridge 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

5.00%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93