Lisa Benoit Of Era Key Realty Facilitates $1.55M Multifamily Sale In Cambridge
70 Walden Street
$1,550,000
$474/SF
Building Size
3,268 SF
Asset Type
MultiFamily
Closing
Mar 15, 2024
AI
A multifamily property located at 70 Walden Street in Cambridge, MA, was successfully sold for a total of $1,550,000. The transaction was facilitated by broker Lisa Benoit from Era Key Realty. Spanning a total area of 3,268 square feet, this asset was acquired at a price per square foot of $474.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 70 Walden Street
- Market: Cambridge, MA
- Broker: Lisa Benoit - Era Key Realty
- Square Footage: 3,268
- Price Per Square Foot: $474
The sale at 70 Walden Street in Cambridge, MA, was successfully managed by Lisa Benoit, representing Era Key Realty in the transaction. This deal showcases the expertise of the individuals and companies involved in the negotiation and completion of this property transaction.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93