Senyu Zhang Of Jw Real Estate Services Represents Buyer In Sale Of Multifamily Property For $1.47M
5 Cambridge Terrace
$1,470,000
$522/SF
Building Size
2,816 SF
Asset Type
MultiFamily
Closing
Sep 24, 2024
AI
The multifamily property at 5 Cambridge Terrace in Boston, MA, sold for $1,470,000 in the year 2024. The asset comprises two units with a total square footage of 2,816, where one unit includes two bedrooms and the other has four bedrooms. The price per unit stands at $735,000, while the price per square foot is $522.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,470,000
- Units: 2
- Square Feet: 2,816
- Price Per Unit: $735,000
- Price Per Square Foot: $522
- Buyer's Representative: Senyu Zhang - Jw Real Estate Services
- Seller's Representative: Samuel Rymer - KR Boston
Senyu Zhang represented the buyer in this transaction, while Samuel Rymer acted as the representative for the seller, illustrating the collaboration between Jw Real Estate Services and KR Boston in facilitating the deal.
Players
Allston 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
10.79%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93