DND Homes Acquires MultiFamily In Cambridge From Jacob Simmons For $4,325,000
48 Standish Street & 42 Standish Street
$4,325,000
$502/SF
Building Size
8,600 SF
Asset Type
MultiFamily
Closing
Apr 29, 2026
AI
The transaction involves a MultiFamily asset located at 48 Standish Street & 42 Standish Street in Cambridge, MA. The property was sold for a total amount of $4,325,000, encompassing a total of 4,000 square feet, which results in a price per square foot of $1,081.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,325,000
- Address: 48 Standish Street & 42 Standish Street
- Market: Cambridge, MA
- Square Footage: 4,000
- Price per Square Foot: $1,081
- Buyer: DND Homes
- Seller: Jacob Simmons
- Buyer's Representative: Yassien Youssef - Compass
- Seller's Representative: Adrian King - Evo Real Estate
Key individuals involved in the transaction include Yassien Youssef representing the buyer, DND Homes, through Compass, while Adrian King represented the seller, Jacob Simmons, through Evo Real Estate.
Players
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
3.67%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93