Updated Dec 20, 2023
The Elle Group Acquires Multifamily Property In Cambridge, MA For $1.35M
50 Kinnaird Street, Cambridge, Massachusetts 02139, United States
$1,350,000
$576/SF
Building Size
2,340 SF
Asset Type
MultiFamily
Closing
Feb 2, 2022
About this deal
AI
The multifamily property located at 50 Kinnaird St in Cambridge, MA was recently sold for a total of $1,350,000. This property spans across 2,340 square feet, with a price per square foot of $577.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 50 Kinnaird St, Cambridge, MA
- Market: Cambridge, MA
The buyer was represented by The Elle Group from Berkshire Hathaway HomeServices Commonwealth Real Estate, while the seller was represented by the Viva Real Estate Team from eXp Realty. The transaction took place on 02/03/2022, and the image as shared on William Vaquerano & Veronica Lujan's Instagram post.
Players
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93