Updated Dec 21, 2023
Horvath & Tremblay Brokers Facilitate $6.35M Sale Of Multifamily Property In Cambridge, MA
7-9 Woodbridge St, Cambridge, Massachusetts, USA
$6,350,000
$550/SF
Building Size
11,543 SF
Asset Type
MultiFamily
Closing
Nov 9, 2021
About this deal
AI
An multifamily property located at 7-9 Woodbridge St in Cambridge, MA has been sold for a total of $6,350,000 on 11/09/2021. The property spans across 0.22 acres and consists of 13 units, with a price per unit of $488,462. The total square footage of the property is 11,543, resulting in a price per square foot of $550.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,350,000
- Address: 7-9 Woodbridge St, Cambridge, MA
- Market: Cambridge, MA
- Acres: 0.22
- Units: 13
- Price per Unit: $488,462
- Square Footage: 11,543
- Price per Square Foot: $550
The sale of this multifamily property was facilitated by Dennis Kelleher & John Pentore from Horvath & Tremblay.
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
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93