Emma Guardia, Roland Rambaud & Team - Compass Acquires Multifamily Property In Cambridge, MA For $1.95M
6 Lamont Avenue, Cambridge, Massachusetts 02138, United States
$1,950,000
$838/SF
Building Size
2,325 SF
Asset Type
MultiFamily
Closing
Jan 23, 2022
AI
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).
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93