Updated Sep 5, 2024
Popular Properties Realty,Inc Acquires Multifamily Property In Cambridge, MA For $3.8M
54 Bay State Road, Cambridge, MA, USA
$3,825,000
$561/SF
Building Size
6,808 SF
Asset Type
MultiFamily
Closing
Feb 16, 2021
About this deal
AI
A multifamily property located at 54 Bay State Road in Cambridge, MA has been sold for a total of $3,825,000. The property spans across 6,808 square feet, resulting in a price per square foot of $562. This transaction took place on February 17, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,825,000
- Address: 54 Bay State Road
- Market: Cambridge, MA
- Size: 6,808 square feet
- Price per Square Foot: $562
The sale of this property was facilitated by Benjamin Bern of Popular Properties Realty, Inc. as the broker representing the deal.
On the Map
$3,825,000
$561/SF
MultiFamily
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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
4.15%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93