Emma Guardia, Roland Rambaud & Team - Compass Acquires Multifamily Property In Cambridge, MA For $1.95M
SOLD
$1,950,000
Massachusetts
See Similar DealsMultiFamily2,325 SF
Sold 01/24/2022
SOLD
Emma Guardia, Roland Rambaud & Team - Compass Acquires Multifamily Property In Cambridge, MA For $1.95M
6 Lamont Avenue, Cambridge, Massachusetts 02138, United States
See Similar DealsMultiFamily2,325 SF
Sold 01/24/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$838
Total Square Footage:2,325 SF
Transaction Type:Sale
The multifamily property located at 6-8 Lamont Ave in Cambridge, MA has been sold. The transaction took place on January 7, 2022. The property consists of two units with a total square footage of 2,325. The sale price for this property was $1,950,000, resulting in a price per unit of $975,000 and a price per square foot of $839.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Units: 2
- Price per Unit: $975,000
- Square Footage: 2,325
- Price per Square Foot: $839
Emma Guardia, Roland Rambaud, and their team from Compass were the buyers in this transaction. They were represented by Lauren Holleran Team from Gibson Sotheby's International Realty.
For more information about this property sale, please check out the Instagram post by Emma Guardia and Roland Rambaud (link).
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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