Updated Dec 21, 2023
Compass Facilitates $1.5M Sale Of Multifamily Property In Cambridge, MA
7 Vandine Street, Cambridge, MA 02141
$1,500,000
$706/SF
Building Size
2,122 SF
Asset Type
MultiFamily
Closing
Jan 21, 2022
About this deal
AI
The multifamily property located at 7 Vandine St in Cambridge, MA has been sold for a price of $1,500,000. The property consists of 2 units with a per unit price of $750,000. The total square footage of the property is 2,122, resulting in a price per square foot of $707.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 2
- Price per Unit: $750,000
- Total Square Footage: 2,122
- Price per Square Foot: $707
- Address: 7 Vandine St, Cambridge, MA
- Market: Cambridge, MA
The sale of this multifamily property was brokered by Leslie Belkner from Compass.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93